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This week shoppers in a Dallas mall will bear witness to an oddity. For more than a decade, Dell has posted double-digit growth by selling computers directly to customers, most of them corporate clients. But two unfriendly trends have driven Dell to sell its wares at a place where chairman Michael Dell swore he would never be caught dead: a Dell retail store...
While tame compared with the double-digit rises of the 1970s, oil prices are again the driving force behind inflation, with energy costs rising 31% at an annual rate so far in 2006. That ripples through the rest of the economy, showing up as fuel surcharges on services like airline tickets (up 7.9% so far this year) and higher prices on pretty much anything that travels before reaching a store. Even clothing has been inching up after months of deep discounting. "I wouldn't expect a lot of relief on gasoline prices," says Richard Berner, chief U.S. economist at Morgan...
...more expensive, it's about making the brand more approachable and affordable to a wider range of customers," says Marshal Cohen, chief industry analyst at U.S. research house NPD Group. Brands that have performed best have paired athletic credibility with aesthetic design. Adidas' partnership with McCartney has produced triple-digit growth, with distribution hurtling from 40 stores to more than 450 worldwide in just four seasons. But a collaboration with Japanese designer Yohji Yamamoto to produce Y-3, a sports-fashion range that focuses on style above functionality, has been less successful. Part of the strength of the sports-fashion...
...Bush. Which brings us back to this year's race. Although students are moving right on many issues, the President isn't necessarily benefiting. In 2000 Al Gore beat Bush among 18-to 29-year-olds by only 2 percentage points, but recent polls show Kerry with a double-digit lead among the young. (The race is a virtual tie overall.) Of course, very few conservative students will vote for Kerry, but most of the kids who attended the conference didn't seem eager to become field troops for the President either. As National Review editor Rich Lowry noted...
...Peru between 1985 and 1990, was primarily remembered for overseeing one of the worst governments in the Andean nation's modern history. In trying to pull the country out of the economic doldrums, he printed extra money, nationalized banks, and not surprisingly, ended up with four-digit inflation. Those memories are only eclipsed by the rampant terrorism at the hands of the Shining Path, which forced his government to put 75 percent of the country under a state of emergency...