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...India, which it hails as one of the world's most enticing growth markets. In January, the Indian government gave upscale retailers a further boost by allowing foreign companies to own a controlling interest of 51% in joint ventures operating "single-brand" stores. Although multinational chains like Wal-Mart and Tesco remain effectively barred from India, the move is expected to make the country more appealing to retailers like Nike and Cartier that sell their brands in exclusive outlets. "I am very, very optimistic about India," says Xavier Bertrand, India general manager for Chanel...

Author: /time Magazine | Title: India's Lust for Luxe | 4/3/2006 | See Source »

...iced-tea market in 2005, taking a 32.3% market share in supermarkets, convenience stores and drugstores and picking up more business than any other brand. Arizona's annual sales in major retail-distribution channels topped $417 million, according to Information Resources. The company says its total sales, including Wal-Mart and all the hundreds of tiny corner bodegas that sell Arizona, are north of $600 million...

Author: /time Magazine | Title: Mavericks: Raising Arizona | 4/2/2006 | See Source »

When the crowds cross the ranches along and near the border, they discard backpacks, empty Gatorade and water bottles and soiled clothes. They turn the land into a vast latrine, leaving behind revolting mounds of personal refuse and enough discarded plastic bags to stock a Wal-Mart. Night after night, they cut fences intended to hold in cattle and horses. Cows that eat the bags must often be killed because the plastic becomes lodged between the first and second stomachs. The immigrants steal vehicles and saddles. They poison dogs to quiet them. The illegal traffic is so heavy that some...

Author: /time Magazine | Title: Illegal Aliens: Who Left the Door Open? | 3/30/2006 | See Source »

Like Bill Gates, who started his charitable foundation shortly after Microsoft's antitrust trial, Scott happens to be burnishing Wal-Mart's image at a time when his company's reputation is under siege. He acknowledges that he launched the plan partly to shield Wal-Mart from bad press about its contribution to global warming. "By doing what we're doing today you avoid the headline risks that are going to come for people who did not do anything," he says. "At some point businesses will be held accountable for the actions they take." Meanwhile, should Wal-Mart succeed...

Author: /time Magazine | Title: Global Warming: How to Seize the Initiative | 3/26/2006 | See Source »

That's if you, like millions of other job applicants, submitted to a personality test. At least 30% of employers--from governments to hospitals, restaurants to law firms, Wal-Mart to DuPont--use a version of the tests in hiring. Even CEOS get tested, which makes sense given their salaries. Carly Fiorina reportedly took a 900-question test before landing the top job at Hewlett-Packard...

Author: /time Magazine | Title: Money: SATs for J-O-B-S | 3/26/2006 | See Source »

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