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...onset of the recession, however, Target and Walmart saw their fortunes flip. Target's same-store sales have fallen for eight straight months; Walmart's have risen for 22 straight months. Target's 2008 same-store sales fell 2.6%, while Walmart's rose 3.3%. More recently, Target's February sales dropped 4.1%, while Walmart enjoyed a 5.1% jump. (See the best business deals...

Author: /time Magazine | Title: Walmart vs. Target: No Contest in the Recession | 3/14/2009 | See Source »

...Despite these efforts, Target's transformation won't guarantee success. It's hard for a retailer to shake its reputation as a clothing outlet, while at the same time quickly mastering the management of perishable grocery items. "You can't just flip the switch and change the store overnight," says David Heupel, a senior equity portfolio manager at Thirvent Financial in Minneapolis. Plus, if Target drops grocery prices below Walmart's levels, the big boy will quickly respond. "There's no reason to put a stick in the bear's eye," says Ed Weller, a retail analyst at ThinkEquity Partners...

Author: /time Magazine | Title: Walmart vs. Target: No Contest in the Recession | 3/14/2009 | See Source »

...biggest grievance, personally, is that no one considers the flip side. While I have occasionally heard a stray Princeton girl or guy complain about a perceived lack of handsome men, I think I can count the number of times on one hand — while I’d need all the hands of the students in my Developmental Psych lecture (hint: it’s held in Friend 101, and people sit on the floor) to tally up the opposite grievance. What makes the boys think they’re any better than we are?  Somehow...

Author: By Bonnie J. Kavoussi | Title: Around the Ivies | 3/12/2009 | See Source »

...Jillson, the executive director of the Harvard Square Business Association, attributed good business to creativity and dedication on restaurants’ part.She pointed out that many restaurants have been participating enthusiastically in Square promotional events—for instance, some chefs have been willing to get up early to flip pancakes for breakfast events.“These people are really committed to making sure people come to the Square,” she said.HSBA’s Restaurant Committee has been active in thinking up new ways to cross-promote the well-being of Square eateries at large...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: Restaurants Deal With Economic Trouble | 3/11/2009 | See Source »

William Beyer, 98, an Inver Grove Heights retiree, has his own solution to the electoral circus. "Let Coleman and [Franken] take a nice gold coin and flip it in the air," he says. "I don't know why they are monkeying around. They're never going to find out all the correct ballots." That may seem like an absurd idea. But in fact, Minnesota law provides that the state could resort to a coin flip if both candidates are tied. That happened in a 2008 race for mayor of Goodridge, a northern town here with a population of 98, after...

Author: /time Magazine | Title: Coleman and Franken Still Battle, As Minnesota Gripes | 3/10/2009 | See Source »

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