Word: marteli
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...absolutely no one's surprise: the U.S. is in a recession. Tough times for retailers, right? It depends on what you're selling. In a tightened economy, everyone is looking for a bargain, which is bad for high-end stores but good for discounters like Target and Wal-Mart, both of which have seen sales spurts. It's also a boost for products that people turn to when times are tough...
...their hometown of New Haven, Conn., Ricks and Gillespie attract some "good-natured" comments. But they recall with a chill a road trip through Mississippi where they met with "scathing" stares when they held hands in a Wal-Mart. And while they and couples like them work on narrowing the divisions between groups in America, one couple at a time, their parents fret about their challenges. While Ricks' mother Loeida, a school librarian in LaPlace, La., gamely asserts, "My parents didn't choose for me, and I don't choose for my children," Ricks' father Thomas, a career military...
Even though they get out together only for short intervals now--"A fun time is going together to Wal-Mart at 10 at night," she says--their joint effort has enhanced their marriage. "It's given us more common ground," she says. "There are more disagreements about how to raise teens, but we can agree about Dad and be part of a team working toward the common good. Also you see the glue families are made of and what families...
Some market leaders, like Wal-Mart and Dell, have such enormous scale and low cost structures that they can use aggressive pricing to bleed their rivals. Other relatively smaller players, like Toyota, Steel Dynamics and Southwest Airlines, are so efficient and innovative that they can steal customers away from lumbering giants. Certain companies, like online-auction dynamo eBay, offer a service that lots of struggling firms and consumers are eager to use in hard times...
...Store 24—12 percent: As a Straus D-er, once the ’Berg’s doors were closed, I had an equally distracting food source in the sketchy, slightly smelly, super qwikie-mart with its pre-wrapped “meat” sandwiches, continually empty, greasy “bakery-fresh” shelf and checkout guy whose hair color changed with the days of the week. Silly freshman Antoinette, if only I could talk to her, keep her from the nightly trips to Twinkie central! The freshman 15, remember the freshman...