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...with a big voice and a booming laugh, he jokes, he chats, he hugs and pats his way through a room. The 48-year-old Democrat made a sparkling career by forging alliances across ideological and racial lines, from his election as senior class president at a largely white Austin high school through two runaway victories as mayor of Dallas, a Republican citadel. When George W. was a Governor toying with the idea of a run for the White House, his nickname for Kirk, then an ally, was "Vice President...

Author: /time Magazine | Title: Can He Rope Texas? | 8/19/2002 | See Source »

...course, Britain’s ignorantly upbeat worldview stretches far beyond sports. For all of Tony Blair’s best efforts to contribute meaningfully to America’s war on terrorism, Britain is now less known as an international superpower than as the home of Austin Powers...

Author: By Anthony S.A. Freinberg, | Title: Britain's Commonwealth Shame | 8/16/2002 | See Source »

...business model has given investors a hearty appetite for Whole Foods stock. The share price of the chain of 135 "supernatural" stores, based in Austin, Texas, has risen 125% over the past two years and more than 750% since the chain went public in 1992. Analysts marvel that Whole Foods' mature stores (those open more than five years) average 6% annual revenue growth, vs. 1.5% for the typical chain. Annual sales per square foot--a key measure of a retailer's health--are about $650 at Whole Foods, compared with about $450 at many conventional supermarkets. Says analyst Andrew Wolf...

Author: /time Magazine | Title: Organic Growth | 8/12/2002 | See Source »

...health-foods bug in his 20s and built his business by combining the concepts of health-foods store and gourmet market. Mackey is the son of an accounting professor, and despite his left-leaning roots, he is a carnivorous capitalist. Starting with a single Whole Foods store in Austin in 1980, he took 12 years to expand to five outlets. But after taking his firm public in 1992, he steadily opened new stores and used his equity to swallow competitors, buying 15 regional chains, including New England's Bread & Circus and California's Mrs. Gooch's Natural Foods Market...

Author: /time Magazine | Title: Organic Growth | 8/12/2002 | See Source »

...leeway in how they stock shelves that Heinz ketchup, for example, is sold in some stores but not in others. The problem for some shoppers--and the charm for others--is that hundreds of the products Whole Foods sells are made by mom-and-pop producers. Few shoppers outside Austin, for instance, know of Boggy Creek Farm, a family-run business whose sun-dried tomatoes and pasta sauces are sold at local Whole Foods stores...

Author: /time Magazine | Title: Organic Growth | 8/12/2002 | See Source »

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