Word: fortress
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Dates: during 1990-1999
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...Fortress Frito-Lay began to assume its present state in 1991 when Roger Enrico, now CEO of parent PepsiCo, was put in charge of the division. The company's market share had fallen to 38% from 42%, but profits were solid because Frito-Lay kept raising prices. Raising prices while losing share is a recipe for disaster in an era in which value is a driving force in consumer behavior. Worse, when Frito-Lay compared its snacks with those made by Eagle, it concluded that its rival's were better...
...four or five instances in which the voters' hunches are confirmed or shattered, normally without warning and sometimes without anyone's realizing it at the time. For Clinton and Dole last week may well prove to be one such moment. Over the course of six days, Clinton defended his fortress in the political center by making headline-grabbing announcements on welfare reform, on the right of states to disavow homosexual unions, and on affirmative action, just when Bob Dole had hoped to showcase his own distinctive politics on some of the same subjects. But in sending so many messages...
There is a debate among the Chinese too about whether they should join the interdependent world or hang back in a nationalistic fortress. The Chinese leaders often distrust and disagree with Washington's arguments. They point out, for example, that the U.S. is by far the world's largest seller of armaments and is about to begin delivering 150 F-16 fighters to Taiwan, which Beijing considers a province of China. Last week the Chinese even had mixed feelings about Clinton's extension of MFN. "Clinton has made a wise decision," said Foreign Ministry spokesman Cui Tiankai, but he added...
Dominating the corner of Wilshire and Santa Monica boulevards in Beverly Hills, CAA's forbidding I.M. Pei-designed headquarters stands as a Zen fortress guarding entry to the city's sparkling business district. For years the building has been show-biz ground zero, a hot zone where Ovitz--routinely referred to as "the most powerful man in Hollywood"--built up the town's most imposing list of talent. His masterful, softly menacing style, along with his courtship of nontraditional clients like Coca-Cola and Credit Lyonnais, transformed the old stereotype of the talent agent as a hustling flesh peddler into...
...wave of upstart airlines hoping to succeed where so many predecessors--161 in the 18 years since deregulation--have plowed under. During that time, the economics of the industry has been tossed around like so much paper in jetwash. And airfares have followed suit. Prices have taken off in "fortress" markets like Denver, where one or two majors have pounded competitors; in California, where the terminals are more crowded, the fares have sunk low enough to give the bus company fits--and ensure losses for nearly everybody...