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Rystrom also points out that Dollar Tree caters to a slightly more upscale consumer than its competitors do - the company says the average family income for an average Dollar Tree consumer is above $40,000. Nor are these consumers likely to abandon Dollar Tree when times improve - they may simply buy more discretionary items. "Consumers are watching every penny, and this isn't temporary," says Davidowitz, the retail consultant. "Dollar Tree is positioned phenomenally...
...government to translate [that] into real action." Abhisit sees it differently. "Things continue to move forward," Abhisit told TIME recently, sitting in Government House, the country's seat of power that twice over the past year was besieged by yellow- and red-shirted protesters, forcing three successive administrations to abandon their offices. "We just have to make sure that only a small minority of people who are bent on violence or making chaos will not be able to cause trouble." Yet by Sept. 20, with dissent bubbling up across the nation, the mild-mannered Prime Minister was reduced to pleading...
...rhetoric at the E.U. summit. Officials failed to agree on concrete measures to limit bonuses, admitting that many of their recommendations were virtually unenforceable. Sarkozy, who has threatened to walk out of the G-20 meeting if there is no agreement on regulating bonuses, was also forced to abandon his initial call for a precise salary cap. By the end of the summit, he suggested that the best solution would be stricter rules on capital levels - a proposal that has already been made by the Financial Stability Board, a group of central bankers and regulators that has been tasked...
...learned anything during this time in the motherland, it is that true cultural progress cannot be measured by a nation’s willingness to abandon Hellman’s and Gap. It’s perfectly reasonable for Indians to be proud of how far they’ve come, particularly in a third-world country that is emerging as a strong player in the global economy. Still, a retreat inward is not only fundamentally flawed, but also ultimately futile. (Exports of goods and services as a share of India’s economy have practically quadrupled...
...South of the cemetery from which Niebank escaped, the Berlin Wall trail follows a green scar of borderland between Wedding and Prenzlauer Berg, districts linked in Cold War days only by a crossing at Bornholmerstrasse. This was the first of seven inner-city checkpoints to abandon controls in 1989 after an apparatchik named Günter Schabowski announced the lifting of travel restrictions on G.D.R. citizens. At first officers tried to turn away the many thousands who congregated, pedestrians just wanting a look at the other side, and lines of olive green and turquoise blue Trabant cars. Finally the numbers...