Word: costco
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...jump, from No. 51 to No. 37. "CEO Alan Mulally has been out in public making long-term decisions: not taking bailout money, having a vision," says Fronk. "It's a different story going on at Ford than at some of their competitors." Other big gainers included ExxonMobil, Pepsi, Costco, the Home Depot and Southwest Airlines. Among the companies falling the fastest in the rankings were Bank of America, Verizon, Sony, Target and Time Warner (the parent company of TIME). (See which businesses are bucking the recession...
Meanwhile, supermarkets and gas stations were packed this morning in Hawaii, with some lines snaking down the street. People were queued outside a Costco two hours before it was set to open (the store ended up opening early to accommodate them). But despite the lines, there seemed to be more concern and caution than outright fear. "Everyone is small-kine panicking," said one resident, using a local term for "just a little bit." See a graphic depiction of the Indian Ocean tsunami...
...predicting a double-dip recession, and if that happens, he sees little improvement in job growth, the credit markets or consumer confidence in 2010. "I don't see any increase [in retail sales] this year. However, he expects value retailers, such as Walmart, Kohl's, Target, TJX, Ross and Costco, as well as certain specialty stores, such as Bed, Bath & Beyond and Urban Outfitters, to see higher-than-average sales growth...
...buying in bulk? In some cases. I've done a lot of research at wholesale clubs - Costco, BJ's, and Sam's and did a lot of price comparisons. What I found is that it makes a lot of sense to buy in bulk when you're buying meat and produce. There were also some items that were less expensive to buy at the wholesale club than the grocery store, even when the grocery store has it on sale. My own personal items were things like egg substitute, frozen orange juice concentrate, and boneless chicken breasts that are individually frozen...
...like most computer users, your PC or Mac is loaded with a gazillion family photos and other prized documents. Some of you may be sleeping peacefully believing that the external hard drive you picked up at Costco is backing up your data every night, but have you ever checked to see if it's configured correctly? What's really going on inside that black box? And what would happen if your house caught fire...