Word: discounter
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...does not discount the possibility that demands could have been made without ever being reported...
...commercial jetliner in more than a decade. It's also the first Boeing jet with a foreign airline as the launch customer. The 7E7 is a midsize plane with about 250 seats. Take-off date: 2008. Although the plane retails for $120 million, launch customers traditionally get a hefty discount. The news comes at a crucial time. Boeing last year stopped making the 26-year-old 757 and might halt the 717 and 767 production lines. It hasn't sold a new 747 passenger plane in two years. Industry experts point out that Boeing has ceded to the Japanese...
Thanks to Thom Filicia and the Queer Eye guys, everyone wants a home makeover these days. So much so that K Mart extended Martha Stewart's contract until 2009--assuring that her coveted $12.99 bath towels will be available at the discount retailer for many years to come. Other mass-market retailers are ramping up their home-decor products too. Target just added Rachel Ashwell's Simply Shabby Chic collection of bedding, bath accessories, curtains, table linens and throw pillows to its lineup of designer goods, which include home products by Michael Graves and Isaac Mizrahi. LaZBoy has enlisted...
...industry," says Gary Giblen, head analyst at boutique Manhattan research firm CL King & Associates. The sky started falling--along with same-store sales--in 2001, as alienated shoppers began steering their grocery carts not only toward Wal-Mart's food-laden Supercenters but also toward warehouse clubs, discount chains, drugstores, dollar stores and, on the high end, trendy salutes to organic produce. "Conventional supermarkets really have no reason to exist anymore," says Giblen. "They're basically becoming convenience stores...
Scott may be the last Wal-Mart CEO schooled by Sam Walton, the discount Dalai Lama, so it's important that the effervescent, customer-focused culture that "Mr. Sam" created be preserved and communicated as the company expands across China and other global markets. That means empowering employees wherever they are, says Scott: "We cannot grow if we are not a great place to work." --By Bill Saporito