Word: chaine
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This marks a sad pass for a brand name that, while dreaded by many parents, spelled excitement to a generation of kids, many of whom have kids of their own. Founded by Charles Lazarus in 1957, Toys "R" Us was the original "category killer"--industry jargon for a chain of large stores that offered low prices on almost every product and brand in its category and killed competing local retailers. (Think Home Depot or Petco.) Lazarus transformed an industry once dominated by mom-and-pop toy stores, eventually launching 1,462 Toys "R" Us outlets and gaining a 25% market...
...address the chain's problems, Nakasone's predecessor last January ballyhooed "Concept 2000," a revitalization plan calling for, among other things, less cluttered, brighter, cleaner stores. But only a month later, Nakasone took over, and in September he replaced the plan with something he calls "C-3." (Don't ask.) It targets service improvements as well as inventory reductions. It promises a $500,000-a-store renovation that will include an oval "racetrack" layout providing 18% more selling space. And it envisions a diversification into products such as clothing and electronics, which Nakasone hopes will attract more customers outside...
This week, in 70 cities from Anchorage, Alaska, to Athens, Ga., environmentalists plan to stage a "Day of Action" by picketing Home Depot, the mammoth building-supply chain (sales last year: $24 billion). Customers will be offered "rain forest tours" through the store, spotlighting products made with trees from pristine, old-growth forests around the world: dowels and tool handles of ramin wood from Southeast Asia, doors of Amazon mahogany, cedar shingles and Douglas fir lumber from the temperate rain forests of North America, lauan plywood from the Philippines and Indonesia...
...protests are the opening salvo in what promises to be a hardball campaign to force the Atlanta-based chain to stop selling products made from old-growth wood. The environmentalists threaten to follow up with newspaper ads, frequent pickets and civil disobedience at selected stores around the U.S.--unless the company agrees. "Home Depot is the biggest old-growth retailer in the world," says Randall Hayes, president of the Rainforest Action Network (RAN), a leader of the campaign. "Stopping them from selling old growth is the most important thing we can do to save these ancient cathedral forests and these...
...Crimson caught up with Leyner in the posh lobby of The Copley Plaza Hotel, where chain smoking Austrian conventioneers and jack-booted bellboys lent a surreal atmosphere of their...