Word: discounts
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...would be unrealistic to ignore that Bradley's campaign has slowed considerably since his strong showing in New Hampshire last month. A resounding loss in Washington State, where he spent six straight days of campaigning, has lead many to discount Bradley as a serious contender for his party's nomination. What is unfortunate, however, is that Bradley's decline in the polls stems more from a shift in public image rather than his stance on substantive policy issues. Bradley's unhurried and deliberate debating style--once characterized by pundits as a cerebral, "Olympian" calm--is now seen as a lack...
...Such is retail in modern America: first B. Altman, then Gimbels and now the legendary Bonwit's. Despite a slight uptick in business caused by the current economic boom, the one-stop-shop department store has seen its business stolen by two phenomenons: the discount store (Wal-Mart, et al.) and "category killers" (Bed Bath and Beyond, Home Depot). "Bonwit's has the same story of many of the great old department stores," says TIME business editor Bill Saporito. "Once the original family sold it, it fell into financial mismanagement. But at the same time there's just no market...
...rare forms of the elusive mullet. This excitable pair of Harvard frosh recently embarked on a pilgrimage of sorts, traversing the fertile mullet heartland between Washington D.C. and North Carolina. While on their quest, Malliaris and Hendry uncovered the fabled mother lode of mullets on the grounds of a discount store selling "tons of cigarettes...
...door of the Sew-Low Discount Fabric store hangs a sign that reads, "Part-time applications: Must speak English and Portuguese...
...across the U.S., enlisting the aid of big brokers like E.F. Hutton (now part of Citigroup) to line up prospects. The number of Names soared from about 6,000 in the mid-1960s to 14,000 in 1978 and exceeded 34,000 by the late 1980s. These were discount Names too, Lloyd's having lowered the net worth needed to become a Name to substantially below $1 million. The lower bar gave entry to investors such as Shirley Cook, a third-grade teacher from Texas, and Elizabeth Bencsics, the wife of an electrician in New Mexico, who lost big chunks...