Word: marte
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Dates: during 1990-1999
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Although the Limited is the only legal target to date, other retailers are being challenged on their import records. Chinese dissident Harry Wu made a dramatic appearance at K Mart's annual meeting in Detroit to tell chairman Floyd Hall that the big discounter purchased 73 tons of men's rainwear from China Tiancheng, a company owned by the People's Liberation Army, instrument of the 1989 massacre in Tiananmen Square. Faced with a similar allegation several years ago, K Mart issued a categorical denial. This time the retailer promised to investigate and sever connections to the company...
...mass retailers such as the Limited and K Mart, access to cheap (and legal) imported goods is vital to survival in a fiercely competitive industry. The Limited has announced no plans to change its sourcing, and will begin mounting its legal defense in early June. In all likelihood the company is waiting for the issue to fade, figuring that consumers will keep their eyes fixed on the lingerie and not the label...
...state of the local job market captures all the contradictions of the current boom. For every employer complaining that he can't find workers, there's another worried that he can't keep them. Local schools, employers complain, aren't turning out competitive graduates. Wal-Mart's Orem is 32 workers short of the 289 he needs because, he says, he can't find people willing to work hard enough. "It's a tough economy for us, because there are more jobs than good people," says Jeff Streitenberger, a partner in Personnel Solutions, the largest employment agency in Chillicothe...
They're buying better cuts of meat, says the butcher, but driving an extra 100 miles to get a better car deal; saving money on toilet paper at Wal-Mart--"I never did that in the '80s," says a local businessman--so they have extra to spend on a better breed of golf club. The deli owner was confident enough to start her own business, but is worried enough that she doesn't yet dare raise the price of a liverwurst above $3.50. The local bankers see people with as much as $70,000 in charge-card debt, which could...
...mood in town (pop. 22,176) holds as much superstition as celebration. Stuart Orem manages the 142,000-sq.-ft. Wal-Mart on the city's vast, booming commercial strip, built 18 months ago on what was once a lovely cornfield. His office is lined with computers that every day spit out new evidence about a windfall he doesn't quite believe in. "I don't think it's hit this area yet," he says of the economic boom, one day after his sales of patio furniture jumped 100% over the same day last year. The next morning, Charles...