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...like some of that stuff, right?" As I waxed socio-economical on how the authors were trying to make a statement about classism and yuppies and liberal mind-traps (#62: Knowing what's best for poor people. "They feel guilty and sad that poor people shop at Wal-Mart instead of Whole Foods, that they vote Republican instead of Democratic... deep down, white people believe if given money and education that all poor people would be EXACTLY like them"), I thought, "Oh crap, she's right. I like ALL of that stuff...

Author: /time Magazine | Title: Liking What White People Like | 4/8/2008 | See Source »

...have any affinity with your father's Russian heritage? -Claire Mythen, Dublin, IrelandI was there not long ago. It's so vast. I know America is vast, but there is a Wal-Mart everywhere in America, whereas in Russia it's vast, and it really changes. When I go to Russia, I realize I look Russian; people come up to me and speak to me in Russian...

Author: /time Magazine | Title: 10 Questions for Helen Mirren | 4/2/2008 | See Source »

...sales, like installing automated Verismo espresso machines. By no longer having to scoop and tamp coffee for each shot, baristas could make a drink 40% faster, moving customers through lines more quickly. Drive-throughs became standard, and the company released its first CD. Smith's successor was a Wal-Mart veteran, Jim Donald, who took the company into books, movie promotions and oven-warmed breakfast sandwiches, which added about $35,000 to the average store's $1 million annual sales...

Author: /time Magazine | Title: Starbucks Looks for a Fresh Jolt | 3/27/2008 | See Source »

...some 2 million people outside North America bought last fall's Long Road out of Eden, for instance, the first studio album from the Eagles in decades. But supermarket muscle has driven down the retail price of compact discs. The only U.S. store selling that Eagles CD was Wal-Mart, for the bargain price of $11.88. The average price of a CD in Europe dropped by 4% between 2003 and 2006, according to PricewaterhouseCoopers. One way to maintain price levels is to offer deluxe products that pair a standard CD with a fancy book, live recording or DVD. Radiohead figured...

Author: /time Magazine | Title: The Music Industry: Lost in the Shuffle | 3/19/2008 | See Source »

...mart: The Bentonville, Arkansas-based chain is doing better than Target for the first time in eight years. Why? Target is known for its home furnishing and apparel departments, two sectors that are not faring well in this economic downturn. Wal-mart, on the other hand, does better with sales of food and nondiscretionary items, which continue to perform solidly. The mega-store is going back to its roots, marketing itself as the place to get the best deals on everyday items. Its February same-store sales were up 2.6% compared to last year. Who wouldn't want...

Author: /time Magazine | Title: Retail Stars of the Recession | 3/18/2008 | See Source »

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