Word: marts
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Dates: during 2000-2009
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...going to be a new climate change treaty by the end of the year, and hopefully we'll be a signatory to it. It's back on the radar screen politically, and a lot of people are paying attention to it. You look at the changes that Wal-Mart alone had made, and they are pretty profound...
...Longest Summer). Rivera and his equally dashing brother Cayetano, also a bullfighter, have modeled for Armani, hawked high-end watches, appeared in the pages of Vogue and been featured on the American news program 60 Minutes. They have also tended toward prominent matches - Francisco was married to Eugenia Martínez de Irujo, daughter of Spain's most titled aristocrat, while Cayetano was wed to Blanca Romero, a model and actress. Both men are currently dating former Miss Spains. (Read TIME's top 10 beauty pageant scandals...
...Sunday's presidential election was won by Mauricio Funes, the candidate of the leftist guerrilla movement turned political party the Farabundo Martí National Liberation Front (FMLN). "This is a night of great hope for El Salvador," Funes told supporters Sunday night after his ARENA opponent, former national police director Rodrigo Avila, conceded defeat. "ARENA now passes into the opposition, [but] it can be assured that it will be listened to and respected." (See pictures of the gangs of El Salvador...
Nothing says more about the American mind-set than what consumers are buying, and ignoring, at drugstores, supermarkets and mass-merchandising outlets like Wal-Mart and Target. TIME asked the Nielsen Co. to identify the best- and worst-performing product categories during this recession, and the findings are quite revealing. In general, people are buying more food to prepare at home, a function of their eating out less often at restaurants, which are suffering. At the same time, they're forsaking home furnishings and more discretionary items. "The American consumer is clearly getting back to basics," says Todd Hale, Nielsen...
...drop-off in middle class buying power. Firms including Liz Claiborne (LIZ) and Talbot's (TAL) are in about the same spot. Ann Taylor is probably much better off than genuinely failing retailers including Bon-Ton (BONT) and Gap (GPS). Ann Taylor, of course, is not Wal-Mart which will most likely stay in a world all its own for the duration of the downturn...