Word: malling
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Dates: during 2000-2009
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...breathe is full of a far greater diversity of bacteria than we have known, including bacteria causing botulism and typhus, "lifted into the air from soil, lakes, sewer plants..." Also, meningitis bacteria were found on a man who had been playing Santa Claus at a Toledo, Ohio, mall...
...cold season, so you probably don't think anything of downing a dose or two of a cold medicine on top of the Tylenol you might be taking for that headache you got after muscling your way through the crowded shopping mall. Well, the Food and Drug Administration wants you to think twice about all that self-medicating you're doing with over-the-counter remedies. Every year, the agency says, about half of the deaths associated with taking painkillers containing acetaminophen are due to unintended overdoses. Acetaminophen, the primary ingredient in Tylenol, is also a common component of cold...
Across the Hudson River at the Newport Centre mall in Jersey City, N.J., Kohl's, the $13.4 billion chain based in Menomonee Falls, Wis., is in the middle of its own makeover. The store, opened just in time for the prime shopping season, is the antithesis of the formula that has worked for Kohl's since it was founded in 1962. Unlike its hallmark one-floor, off-mall format, loved by suburban working moms, this two-story unit lies smack-dab in the center of--drumroll, please--a mall, directly across from none other than Macy's. Even Kohl...
...expecting more. For starters, both companies are aggressively expanding and experimenting with new formats. Kohl's opened 65 stores in October on a single day, the biggest one-day opening in the company's history. Penney, based in Plano, Texas, opened 20 stores that same month, most in off-mall locales. Both companies have plans for a lot more: Penney, which operates 1,037 stores, has announced that it will open 50 stores annually through 2008, while the 817-store Kohl's intends to tack on 400 stores to the chain by 2010, some inside urban malls. The company...
...notion of a retail slugfest. But it is clear that each chain is borrowing a page from the other's business model. For example, 22 of the 25 stores that Penney opened in the third quarter were situated in very Kohl's-like locales, a different approach for the mall-based Penney. Myron (Mike) Ullman, the former Macy's honcho who is now CEO of JCPenney, bristles at the comparison. "Let me point out that James Cash Penney opened his first store in 1902, off-mall. This is not new for us," he says. "Kohl's is a great competitor...