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...does have ideas about how to run a retailer, such as an unwillingness to throw money at updating stores without clear evidence of a return, and a firm refusal to play the short-term, quarterly-earnings game that Wall Street so often demands. In April, he brought in a design team led by former Gap executives to freshen up Kmart's clothing lines. "Eddie is relentless and a harder-nosed operator than most people want to believe," says Henry Miller, a leading business-restructuring adviser who worked with Kmart during its bankruptcy. "In point of fact, he is a retailer...

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

INVENTORS Mari-Cha IV design team...

Author: /time Magazine | Title: Coolest Inventions 2004: Over Board | 11/29/2004 | See Source »

...through the replicas of the Oval Office and the Cabinet Room, and past the row of gift saxophones and life-size models of White House pets, Buddy the dog and Socks the cat. Clinton explained that he had approved every photo and every bit of text, and noted such design details as cherrywood trim and ultraviolet lights. The exhibits stress the history that Clinton likes to remember: meetings with heads of state, standing in elegant company at dinners and other ceremonies. Monica Lewinsky, the intern with whom Clinton dallied, gets only a couple of mentions--in text blocks under...

Author: /time Magazine | Title: Raindrops and Reconciliation | 11/29/2004 | See Source »

...place," marveled George H.W. Bush, whose own library in College Station, Texas, opened in 1997. "I learned a lot that will come in handy when years ahead we redo our library." Clinton returned the compliment, saying he had gotten "some great ideas from the Bush library, particularly from the design of the foyer," a chamber of light and openness. Their host looked thin and a bit wan to his guests. George H.W. Bush even mentioned his concern to Clinton, who is recovering from heart-bypass surgery. He assured Bush that he was having a normal recovery and would soon...

Author: /time Magazine | Title: Raindrops and Reconciliation | 11/29/2004 | See Source »

Despite its Flash Gordon looks and unorthodox design, SpaceShipOne was able to more than match Shepard's trailblazing journey. In June it became the first privately funded spacecraft. In October it clinched the $10 million Ansari X Prize as the first such craft to travel to space twice in two weeks. Thanks to the backing of two starry-eyed billionaires...

Author: /time Magazine | Title: Coolest Inventions 2004: Invention of the Year: The Sky's the Limit | 11/29/2004 | See Source »

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