Word: giants
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...this year's Black Friday began early, with many retailers pushing holiday ads while pumpkins and Halloween costumes were still on store shelves. Wal-Mart shot the first volley when it launched a price war last month with online retail giant Amazon.com over books. Walmart slashed the price on 10 of the most anticipated hardcover books to $10 a pop for shoppers who preordered the new releases through its website. When Amazon matched the price a few hours later, Walmart trimmed the price to $9 apiece and then $8.99. Rival Target, not to be left out, has since matched this...
Electronics giant Best Buy isn't taking the challenge sitting down. Vitelli says his company is ready to match prices offered by Walmart and other retailers. "We watch everybody," he says. "We're competitive with them dollar for dollar." Best Buy offers a wider and deeper assortment of electronic products and services than many competitors, Vitelli notes, giving...
...much is actually spent? In the U.S., about $65 billion a year is spent on holiday gifts. There's been this giant [holiday season] bump in retail sales in the U.S. going as far back as statistics are available, back to the 1920s and '30s. In fact, as a share of the size of the economy, the spending has gotten smaller over time. Our fathers' and grandfathers' Christmases were a bigger deal than ours...
...dire predictions about the world's depleting fossil fuels are in fact known to those closest to the oil wells: oil executives. Yves-Louis Darricarrère, global chief of exploration and production for the French energy giant Total, told TIME last week that the world has "oil reserves of about 40 years at current demands." "It is not so easy to supply the world," Darricarrère said in an interview in south Yemen, where the company just opened a liquefied natural-gas plant. "We will reach a plateau and start to decline." He said that expanding access...
...time when SBY hopes to attract $200 billion in foreign capital each year to improve the country's crumbling infrastructure, any delays in resolving this latest scandal could prove a serious setback. Anger is mounting toward those believed to be above the law (a giant poster of businessman Anggodo in a police uniform carried at the rally summed feelings up nicely) and is motivating people to take to the streets. "In terms of numbers the protests won't be like 1998 against [former President] Suharto but in terms of pressure it could get just as big," says Eep Saefulloh Fatah...