Word: marteli
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...this climate, a new kind of retailing culture has emerged--one divided between discount kings with the technology to dominate (Wal-Mart and cavernous "category killer" outlets like Sports Authority and Circuit City electronics stores) and discount kings with the nerve to sell a little flair. "The newer national chains have come in with better technology, better inventory control and better investing management than the older regional companies," concedes Michael Sherman, executive vice president of Jamesway. That situation forced the 34-year-old retailer to liquidate its merchandise and close its 90 East Coast stores...
...substantive virtues of Buchanan's proposal are less clear. If stagnant real wages are the problem, raising the cost of imports is a curious solution. As shoes and microwave ovens at Sears or Wal-Mart get pricier, the real wages of the average American worker go down, not up. When economists cite lower prices as benefits of free trade, protectionists sometimes reply that we should worry more about "workers" and less about "consumers." But, of course, workers are consumers...
...like their products, you don't have to buy what they sell). If the expected move by cable and telephone giants concerns him enough, he can start activist organizations to counter the problem that he believes to exist (there are already dozens of such programs fighting Wal-Mart and Microsoft). If Mr. Pasquale can motivate enough people to join and boycott offending corporations, they will have to comply with his wishes or risk closing down. He will, in effect, accomplish the preservation of his democratic ideal, whatever that is, without involving complex bureaucracies, Congress, or cumbersome regulations. True democracy...
...MART CORP. A two-month search and still no CEO for the troubled retailer
...champagne was popping back in the American fitting rooms. Says Kaye Davis, fashion director of the Atlanta Apparel Mart, which serves more than 125,000 stores in the Southeastern U.S.: "The trend is away from trendiness. Women want a more structured, sophisticated look, and designers are finally offering what we want." Donna Castleberry, manager for fashion of the California Mart, expects that conservative chic "will take off. Clean, tailored classics carry people through so much-from the office to wherever." Kaner of Neiman Marcus contends that the new looks will "filter down well," meaning that a $1,500 jacket from...