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...struggled in the recent past will probably continue to suffer, high-end stores like Neiman Marcus, Saks Fifth Avenue and Nordstrom's will most likely have relatively strong sales. "They have a moneyed customer and things happening in the world won't affect their lifestyle as much," says Michael Appel, managing director of Quest Turnaround Advisors. "Well-managed retailers who already have momentum will continue to see that." At the same time discount chains like Costco and Sam's Club will also benefit...

Author: /time Magazine | Title: A Gray Friday At the Mall | 11/21/2007 | See Source »

Many dreamers ask for family trips so their loved ones can remember happy times together. Dee Appel, 61, had worked with Making Memories in Portland, Ore., for two years when she learned her breast cancer had returned and spread to her liver. During a local TV appearance in which Appel planned to promote a fund raiser, her colleagues surprised her by awarding her wish for a "grammy camp" in Colorado with her daughter, son-in-law and three grandchildren. Appel invited the kids' other grandmother, who had lung cancer, to come along. The grandkids and their two grandmas--both "bald...

Author: /time Magazine | Title: A Dream Before Dying | 10/9/2006 | See Source »

...dollars on eBay. Two years ago, the British magazine ArtReview compiled a Top 10 ranking of the most highly valued artists in terms of the total value of sales. Botero came out at No. 5, behind artists like Jasper Johns and Robert Rauschenberg but ahead of Dutch painter Karel Appel and Britain's David Hockney. The editors estimated that Botero's paintings and sculptures had sold over the years for more than $57 million. Although a big chunk of those profits went to collectors, millions have been made by the artist himself. Now 73, Botero says he's lost track...

Author: /time Magazine | Title: Nice Round Figures | 6/12/2005 | See Source »

...that the brutal conditions aboard slave ships crossing the Atlantic served as a sort of adaptive choke point, selecting for people with a tendency to retain salt and water. This allowed them to survive the murderous journey without succumbing to thirst but predisposed their descendants to hypertension. Dr. Lawrence Appel of the Johns Hopkins University School of Med-icine believes that modern-day African Americans do process sodium a bit differently from whites and may even have a less reactive renin-angiotensin system...

Author: /time Magazine | Title: Blowing A Gasket | 12/17/2004 | See Source »

...survive in spite of it. Even with a combined $55 billion in annual sales, Sears and Kmart will be just one-fifth the size of Wal-Mart, which "is so overwhelming in terms of market share, logistics and efficiency that going up against them would be futile," as Michael Appel, managing director of Quest Turnaround Advisers, puts...

Author: /time Magazine | Title: Two-For-One Sale | 11/29/2004 | See Source »

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