Word: jointed
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Dates: during 1980-1989
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...hypermarket. "I've never seen so much under one roof," says Martha Mason, a homemaker visiting Hypermart USA. "I could spend days in here." Sam Walton certainly hopes so. The founder and chairman of booming Wal-Mart discount stores opened his first Hypermart USA last December as a joint venture with the Cullum retail chain. Last week he opened a second in Topeka. "It's a test," says Walton, whose 1,114 Wal-Marts are generally a third the size of the Hypermarts. But as he tells his troops, "I'm more excited about this than anything in the history...
...Euromarche, a French firm, has lost at least $9 million since it was opened three years ago. But the large U.S. chains believe they can make the idea work by selling name-brand goods at paper-thin markups. K mart announced last September that it will form a joint venture with Bruno's, an Alabama-based grocery-store group, to open a national hypermarket chain. Archrival Wal-Mart, meanwhile, hopes to open 50 Hypermart USA stores during the next eight years...
...owner of the Free Press, decided to take advantage of a federal law designed to preserve the editorial voice of a dying newspaper by allowing it to combine its business operations with a healthy competitor. They thus joined forces in applying to the Justice Department for approval of a "joint operating arrangement." Testifying at a hearing last August, Knight-Ridder Chairman Alvah Chapman backed up the proposal with a harsh ultimatum: unless the Justice Department approved the J.O.A., he would recommend that Knight-Ridder "close down the Free Press and dispose of its assets...
...loose with some caustic comments about Reagan's management style. This preference was put to the test last month when Dole called Chief of Staff Howard Baker with terms for announcing his support of the INF treaty. Dole wanted an invitation to the White House and a joint appearance with Reagan when he declared for the treaty. Baker approved the plan. But Reagan angrily balked, called Bush and told him about Dole's proposal. Reagan said he would refuse if the Vice President wanted. "George, it's up to you," Reagan said. Bush took only a few minutes to consider...
What about Hart, that simultaneously brash and spectral presence who seems to symbolize the Democratic doldrums? His long-awaited first joint appearance with his Democratic rivals came last Friday night at a debate sponsored by the Des Moines Register. But instead of fireworks, there was only fizzle. Moderator James Gannon opened with the predictable adultery question, and Hart rattled off his polished yet somewhat jarring apologia: "We have never expected perfection from our leaders, and I don't think we should begin now." He added, "I'm a sinner, but my religion tells me that all of us are sinners...