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...Walgreens: Drugstores have stopped their decline among all income groups, by reclaiming customers looking for cosmetics, skin care and over-the-counter drugs, according to WSL Strategic Retail's How America Shops 2008 survey. Walgreens leads the drugstore sector in sales and profits with 1,600 24-hour stores (out of their 6,237 outlets), convenient locations and easy online access. In the first quarter of 2008, the Deerfield, Ill.-based chain reported a 5.5% increase in earnings and a record $14 billion in sales...

Author: /time Magazine | Title: Retail Stars of the Recession | 3/18/2008 | See Source »

...vibes. Guests are provided with black kimonos in private dressing rooms that offer?what else??a complete set of Armani skin-care products and makeup for use after treatment. The initial foot bath, a Japanese tradition, features the famous Pantelleria-inspired mud. The massage menu includes the 3-hour-long Armani Ceremony, during which, instead of using traditional oil, a therapist uses Armani's rich Crema Nera, which is also based on ingredients from Pantelleria...

Author: /time Magazine | Title: Wellness, Armani-Style | 3/18/2008 | See Source »

...eighth time in the past 14 years, Harvard has won the William Lowell Putnam Mathematical Competition. The six-hour, 12-question exam was administered by the Mathematical Association of America in December and was taken by a total of 3,753 students from 516 colleges in the United States and Canada. Results were released by the College’s mathematics department on Friday. The winning team members were Tiankai Liu ’08, Alison B. Miller ’08 and Zachary R. Abel ’10, each of whom received a $1,000 award...

Author: By Michael J Ding, CONTRIBUTING WRITER | Title: College Aces Putnam Again | 3/17/2008 | See Source »

Where this year's Biennial goes out on a limb is in the decision to devote a separate venue to shared social experiences defined as artworks. These include a 24-hour dance marathon, a Gypsy-themed feast and a slumber party. Momin and Huldisch say this kind of evanescent "event art" is another manifestation of the recoil from the market, and that it's so widespread across the U.S. that no survey show can ignore it. To accommodate this, for its first three weeks, the Biennial is spilling over to the Park Avenue Armory, a Victorian brick pile...

Author: /time Magazine | Title: The Simple Life | 3/13/2008 | See Source »

...Spitzer's rather poetic sentence seemed apt on March 12, as he resigned as governor of New York in a brief press conference, the culmination of a 48-hour melodrama sparked by revelations that he had been a client of a prostitution ring. Thus ended a public career that had once seemed promising enough that Spitzer was discussed as a potential 2012 Democratic presidential nominee. Spitzer apologized for his "private failings," but he said nothing to explain why he would have thrown it all away, why he risked so much. He had built a reputation as an ethical crusader...

Author: /time Magazine | Title: Was Spitzer Destined to Fall? | 3/13/2008 | See Source »

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