Word: mart
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...overall budgets have shrunk, as tapped-out consumers have grown increasingly anxious about the economy. As a result, people are trading down in the stores they frequent and the number of items they buy. Case in point: the most popular product seen on BlackFriday.info's shopping lists was Wal-Mart's Batman and Spider-Man pajama sets, requested on more than 10,000 lists. The price: a mere...
...throw his arms around the horse's neck, but he began to slide down the side of the horse anyway as his head was being battered against the ground and he was moments away from unconsciousness, to his great fortune a Marine sergeant who was shopping at Wal-Mart saw him and quickly unplugged the horse." - Jones, who acknowledges he enjoys tales of rivalry among the nation's military services, while speaking to the Atlantic Council (Sept...
...midtown Manhattan on Friday as dozens of clothing retailers touted their "door buster" sales of 50% or more off everything from diamond jewelry to cotton hoodies. Crowds even broke one of the doors at Macy's Men's Store. That paled in comparison to the death of a Wal-Mart worker in Long Island who reportedly got trampled to death by bargain hunters. But by mid-morning on 34th Street, many stores were half empty and some sales staff said they had noticed that shoppers were holding back this year. (Looking for the perfect Black Friday purchase? See TIME...
Corporations that want to support sustainability should encourage their employees to make changes on a personal level, environmentalist and consultant Adam Werbach said in a discussion at Harvard Business School yesterday. In his lecture to a few dozen students, Werbach said he came to this revelation after Wal-Mart contacted him to discuss its environmental impact. “When I first heard [from them] I literally thought it was a prank call,” he said. But at a meeting, a Wal-Mart representative said the company was committed to eliminating waste in its operations. For several years...
...their annual revenue from holiday shopping. Still, there are some bright spots. The Internet should outdo the sidewalk: online retail sales this holiday season are expected to grow 12% over last year, to $44 billion, predicts Forrester Research. And discount chains like TJ Maxx, Wal-Mart, Costco and BJ's Wholesale Club should see strong sales as they hammer away at prices. BJ's third-quarter merchandise comparable sales were up 7% vs. 2007's. "Our position is serving us well in this economic environment," says Laura Sen, BJ's president...