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...difference is that the Wal-Mart version will be merchandise and not food. McDonald's philosophy of selling very inexpensive food in a clean, well-lit environment served by consistently friendly people has helped it expand its operations to 36,000 stores worldwide. Wal-Mart's approach to retail stores is not terribly different. It may not be entirely coincidental that Wal-Mart was started in 1962 and McDonald's began in 1955. Millions of relatively young people, most of them parents, were only a decade removed from serving their country and not being paid a great deal for that...

Author: /time Magazine | Title: Inspired by McDonald's, Wal-Mart Creates Its Own Dollar Menu | 5/15/2009 | See Source »

...transferring their responsibilities to full-time FAS IT employees and grad students who are trained in the same skills as full-time staff. Both students said that most UAs did not support this change because full-time employees are less accessible and said they found it easier to approach a student for help rather than a full-time employee. UAs will continue to work at the FAS IT Help Desk—which will now close at 8 p.m. rather than 10 p.m.—and the Science Center’s basement computer clinic but will no longer...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITERS | Title: FAS IT Cuts Back Student User Assistants, Say Move Not Financially Motivated | 5/15/2009 | See Source »

...York Times reports that the phrase “War on Terror” is being quietly dropped by the new administration. It had served a purpose to facilitate the politics of fear during the Bush years, but it was becoming a serious burden for US approaches to the Muslim world. It became obvious to many cool headed observers that, while the likes of al-Qaeda and other extremists were still dangerous, they were in fact small hard-line groups. The vast Muslim world was ready for a more respectful and sympathetic approach from a saner US government. How else...

Author: NO WRITER ATTRIBUTED | Title: Journey to Mecca: In the Footsteps of Ibn Battuta | 5/15/2009 | See Source »

...approach therefore is not to smack down credit-card companies for high interest rates but rather to hold everyone to the original agreement about how much credit will cost. "Virtually no other contract in this country allows a business to change the terms of an agreement once a purchase has been made," says Travis Plunkett of the Consumer Federation of America. "That's the main issue." (One Senator suggested an interest-rate cap, but that was shot down...

Author: /time Magazine | Title: Congress's Credit-Card Bill: Playing Fair, Not Foul | 5/15/2009 | See Source »

...Despite the stealth approach, industry experts expect Wal-Mart, known for squeezing efficiencies out of suppliers and supply chains, to have an impact on India's $375 billion retail market, which is dominated by mom-and-pop businesses and outmoded distribution networks. "We can learn the science of retailing, how to build scale and efficiencies," says Kishore Biyani, chairman of Pantaloon Retail, India's largest homegrown retailer with 114 hypermarkets...

Author: /time Magazine | Title: Why Wal-Mart's First India Store Isn't a Wal-Mart | 5/15/2009 | See Source »

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