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McDonald's (MCD) did so well with its dollar menu that Wal-Mart (WMT) decided it will create one, too. The difference is that the Wal-Mart version will be merchandise and not food. McDonald's philosophy of selling very inexpensive food in a clean, well-lit environment served by consistently friendly people has helped it expand its operations to 36,000 stores worldwide. Wal-Mart's approach to retail stores is not terribly different. It may not be entirely coincidental that Wal-Mart was started in 1962 and McDonald's began in 1955. Millions of relatively young people, most...
...staff use. The moves are among $77 million in cuts geared towards helping the Faculty of Arts and Sciences close a $220 million annual budget deficit. Beth S. Brainard, a spokeswoman for Harvard College Library, said that while she could not discuss the specific “big-time dollar amounts” saved by the Widener Café’s closing, she said that “it is a substantial amount.” She noted that the Widener Café cutbacks are part of HCL’s larger budget reduction plan and that...
...malnourishment is at the state and local level. Yesterday’s Washington Post reports how widespread layoffs and curtailment of services by state and local governments are accelerating in spite of the $135 billion dollar “stabilization fund” that is being funneled to the states from the stimulus package (a fund cut by more than $40 billion to win the support of the three Republican senators who voted for cloture). The worst is yet to come. The executive director of the National Governors Association has testified that states are facing a $200 billion deficit over...
...money-saving energy conservation strategies: temperature set-point changes, motion-sensing light switches, light bulb change-outs, and solar panel installations, among others. By lowering the winter heating set-point to 68° and raising the summer cooling set-point to 75°, the FAS will reduce its multimillion-dollar heating and cooling budget by an estimated 3 percent annually. This change has the added benefit of reducing annual greenhouse gas emissions by 1,200 metric tons of carbon dioxide equivalent (MTCDE) annually. FAS will continue to pursue such energy conservation strategies. As part of this process, an audit...
...voted to allocate $3,000 of the surplus money in its Operations Fund to house student staffers for the UC’s recently-announced capital campaign, which aims to raise funds to purchase a student community center. At present, talks on this front have focused on the multimillion dollar 45 Mt. Auburn St. property that currently houses the Democracy Center. According to Senan Ebrahim ’12, the UC hired four students—Abel Acuna ’11, Dana M. Kase ’11, Christopher G. Kleinhen ’10, and Winnie...