Word: juggernauts
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Cocky. Ruthless. Vicious. Mean. Those are some of the ways Jerry Davis, CEO of Affiliated Foods Southwest, describes the supermarket juggernaut that is Wal-Mart. He could have added hyperefficient, low cost and customer focused. The megachain's rapidly expanding grocery business--which now accounts for a fifth of U.S. food sales--has left a trail of shuttered supermarkets in its wake. This year in particular, the damage is piling up. Winn-Dixie, once a Southern power, suspended its dividend indefinitely, causing its stock to drop 28% in January, and is expected to close more than a hundred stores. This...
...captive surfaced last week, they are convinced their general approach of nourishing relationships with locals through constant contact and patient negotiation could help the Americans defuse violence - and obtain good intelligence if it breaks out. But British tactical advice isn't making much of a dent in the Yankee juggernaut. Frustration at this impotence is one reason why Jeremy Greenstock, the U.K. representative in Baghdad, declined Blair's request to extend his stay. It's a serious political risk for Blair to pledge more British lives in the cause of the Atlantic alliance when ambassadors and generals, to say nothing...
...father Edward C. (Ned) Johnson III, whose own father founded the mutual-fund giant in 1946. So you could say she's had a comfort level most executives never enjoy. There's also the cushion of being worth nearly $10 billion as heir to the privately held Fidelity juggernaut. "She's cool and calm, and she works hard every day," says Eric Kobren, editor of the independent newsletter Fidelity Insight. "She doesn't have that air of being one of the richest people in the world." Or of managing one of the world's largest pots of money, $893 billion...
...hippie with a resume that listed fire breather and accordion player transform a ragtag band of Quebecois buskers into a $500 million entertainment juggernaut? "Childlike naivete," says Laliberte, the company's puckish owner, CEO and co-founder. His impact is hard to underestimate. "Every circus I see around the world has some influence in style of the Cirque du Soleil," says Ernest Albrecht, author of The New American Circus. Cirque has also sparked interest in vaudeville, acrobatics and street performance. Up next: another Vegas show, premiering in September, a new touring show for 2005 and possibly, down the road, even...
...rallying point, and a time when Kerry will really want the nation paying attention—less of a show with two stale nominees. Moreover, as weeks progress, Democrats will get better at responding to and predicting Bush campaign tactics, as the president lets loose his campaign juggernaut. Kerry can use the time to assess public perceptions of his political liabilities and weaknesses to make a more informed running-mate selection...