Word: marte
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...ready made for him. That task is to be a highly visible and articulate disturber of the complacent and the comfortable. Already Bennett has been on the phone to enlist the like-minded energy of HUD Secretary-designate Jack Kemp, saying, "You've got public housing, the K mart of drugs. Let's clean...
...Walton is still the richest man in America, but his fortune may be dented a bit because he missed a court deadline. A state judge in Fort Worth slapped his Wal-Mart Stores chain with an $11.6 million fine because Walton, 70, was 17 days late in delivering a deposition. The chairman's testimony was subpoenaed for a trial in which a customer demanded $6 million after slipping in a Wal-Mart in Sulphur Springs, Texas. The tardiness penalty dwarfed the $35,658.30 the jury awarded Andrew Carrizales, a Houston mechanic, for his injuries. The company will appeal Walton...
...taken on a partner: K mart, the nation's second largest retailer. They make an odd couple: K mart, long plagued by its low-rent reputation, and Stewart, whose life looks like a Ralph Lauren ad. But next spring, as K mart's first "life-style consultant," Stewart will launch under her own name a line of K mart products, including linens, dishes and flatware. This marriage stands to benefit both parties: K mart can trade on Stewart's patrician polish and she on a whole new audience...
...products will sell at K mart prices (a five-piece place setting should be about $20) and will necessarily reflect a compromise between Stewart's champagne tastes and the retailer's beer budget. Class, in most cases, carries the day, but there are exceptions. Says K mart executive Marilyn Gill: "It was difficult for Martha to understand why not everyone would want a 100%- cotton tablecloth." Looks as if practicality won that round: the cloth will probably be a blend...
...bins of second-quality merchandise in dusty warehouses. Since the manufacturers are selling their own goods, the stores are well stocked and well organized. Says Jean Smith, the manager of Liberty Village: "Mostly we have last season's styles and production overruns." Indeed, "Flemington is not competing with K mart," says Fran Durst, president of the Hunterdon < County Chamber of Commerce, which has headquarters here. "In the Anne Klein outlet, you're still going to pay $250 for a suit. But it would have cost you $500 in Bloomingdale...