Word: marts
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Dates: during 2000-2009
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Geoffrey may seem like an extravagant, larky enterprise dreamed up by Willy Wonka, but Toys "R" Us badly needs it to work if the firm is to break out of its deep slump. Wal-Mart and other big discount chains like Target have eroded the company's sales in recent years, and now it looks as if Wal-Mart is circling for the kill, escalating a price war that may eat up whatever profit margin Toys "R" Us has left. Despite rising consumer confidence and blistering U.S. economic growth of 8.2% in the third quarter, analysts expect sales at Toys...
...Arkansas, that excitement emanates primarily from one company: Wal-Mart. State officials say Wal-Mart alone was responsible for bringing 3,000 jobs to northwest Arkansas in 2002--in part because its biggest vendors maintain a presence near its Bentonville headquarters. A study by the University of Arkansas projects the population of Benton and Washington counties (which include Fayetteville and Bentonville) will nearly double by 2025, to 680,000. Unemployment in the region is about 2.5%, less than half the national average...
...steel towns had in the past, Wal-Mart has a multiplier effect, creating work for outside service providers. The Tobees want a wedge of that pie. Cary, 39, and Cheryl, 36, moved their video-production business in July to Fayetteville from Fort Smith, Ark., and have already bid on business with Wal-Mart. "I am hoping for the overflow," says Cary. "You never know when they will need help with a project...
...kiss health insurance goodbye and these days is struggling just to pay the rent. For the past two years, this thirtysomething has been juggling as many as six free-lance projects at a time while taking on survival jobs like handing out Pepsi samples in Wal-Mart. "I'm barely scraping by," says Nieva-Woodgate, who commanded a six-figure salary during the tech boom. And, she adds, if landing free-lance work sounds tough, try getting paid for it: "You're such a small fry, companies pay you whenever the hell they feel like...
...Spokeswoman for Curvation, a line at Wal-Mart for full-figured women...