Word: marte
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...accounting fiasco broke a long winning streak. His company, founded more than 10 years ago, sells software that allows firms such as American Express and K Mart to mine the masses of sales and other data they collect to better target customers. MicroStrategy went public in 1998, and the stock took off after the creation of Strategy.com a unit that beams custom-tailored information to subscribers of clients like Ameritrade, the Washington Post and the Wall Street Journal. This month, Saylor announced a $100 million charitable scheme to launch an "Internet university." He says these plans haven't been changed...
...battle. Manufacturers still have to rely on retailers, which have gained the upper hand in the past few years as they've consolidated. "There's been a clear shift in loyalty from the manufacturer to the retailer," says Burt Flickinger III, managing director of Reach Marketing. Giants like Wal-Mart, Target and Kroger now largely dictate the terms. At the same time, they've devoted more resources to popular in-house store brands, which now account for 20% of sales. Wal-Mart chairman David Glass, a national brand fan, faults manufacturers who have "quit delivering as much value as they...
...week's end McCain was looking ahead to the next contest. Leaning back on the $1.95 plastic chair he had bought at Wal-Mart, the grillmaster mused about returning to his Cottonwood sanctuary...
...Such is retail in modern America: first B. Altman, then Gimbels and now the legendary Bonwit's. Despite a slight uptick in business caused by the current economic boom, the one-stop-shop department store has seen its business stolen by two phenomenons: the discount store (Wal-Mart, et al.) and "category killers" (Bed Bath and Beyond, Home Depot). "Bonwit's has the same story of many of the great old department stores," says TIME business editor Bill Saporito. "Once the original family sold it, it fell into financial mismanagement. But at the same time there's just no market...
...fashioned wayoby working their own way up without the boost of random discovery. First-year Lauren M. Jiggettsi mother sent in pictures to a modeling agency when she was just five months old. Her first job came soon after, with an appearance in an ad for K-Mart. As she matured, so did her career; she went on to model for magazines like YM and Teen...