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Word: hershey (lookup in dictionary) (lookup stats)
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...state-of-the-art market research and sales-tracking capabilities, food companies churn out endless variations of new products that no one winds up buying. McKinsey cites an example of one Japanese chocolate maker whose 101 products generated sales of $556 million in 1998. Compare that to U.S.-based Hershey, which generated $4.4 billion in sales with just 78 products. Or take health care: The Japanese government's generous hospital reimbursement criteria practically encourage health-care providers to prolong illness rather than attack it, dragging the average acute care hospital stay in Japan to 24 days, compared with 11 days...

Author: /time Magazine | Title: Going Nowhere Fast | 12/2/2002 | See Source »

...Maybe if it were called the Museum of Erotic History, I wouldn't have been as disappointed. But when I heard about the Museum of Sex, my mind shot right past museum and straight to the sex part. I think my past experiences at the end of the Hershey and Guinness factory tours had built unreasonable expectations...

Author: /time Magazine | Title: Having Sex, Museum-Style | 10/21/2002 | See Source »

...Maybe if it were called the Museum of Erotic History, I wouldn't have been as disappointed. But when I heard about the Museum of Sex, my mind shot right past museum and straight to the sex part. I think my past experiences at the end of the Hershey and Guinness factory tours had built unreasonable expectations...

Author: /time Magazine | Title: Having Sex, Museum-Style | 10/15/2002 | See Source »

...Letmathe, 57, get hungry, they crunch on companies. Over the past 20 months, Nestle, based in Vevey, Switzerland, has bought five food entities worth more than $16.5 billion. Aggressive U.S. expansion helped first-half profits rise 79%. Next up: a possible $12 billion joint bid with Cadbury Schweppes for Hershey Foods...

Author: /time Magazine | Title: People to Watch in International Business | 9/23/2002 | See Source »

...Retailer Harvey Nichols - Harvey Nicks of sitcom Absolutely Fabulous fame - hasn't amused investors lately. So Dickson Poon, who floated 49.9% of the company at $4.20 a share in 1991, is taking it back for $3.87 Chocolate War Truce Activists in Pennsylvania pulled off a surprise coup as the Hershey Trust gave in to local opposition and stopped the sale of the confectioner, despite a bid by Wrigley of $12.5 billion. Discredited Swiss Switzerland's bank secrecy can't hide the problems at Credit Suisse. After shares fell 50% this year, CEO Lukas M?hlemann was forced out, to be succeeded...

Author: /time Magazine | Title: MobilCom Gets One More Last Chance | 9/22/2002 | See Source »

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