Word: marts
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Dates: during 2000-2009
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...only way to see what will happen in the retail industry in the next several quarters is to watch it like a hawk today. The first impression that many people get is that the retail business is OK because Wal-Mart is doing so well. But, Wal-Mart is the exception to the rule. Sam Walton's company continues do well because its tremendous buying power, distribution, and brand allows it to attract customers who get relatively high quality products for very little money. Its success removes a great deal of the foot traffic from the rest of the industry...
...couple together is one thing: money. Linking up with an exclusive retailer is not a new idea, but it has proven to be quite a profitable one of late, at least for well-established musicians. The Eagles and AC/DC released their most recent original albums exclusively through Wal-Mart, and in January, Bruce Springsteen gave the chain an exclusive greatest-hits set. Each benefited from massive in-store promotion and stop-the-cart placement - AC/DC's Black Ice sold 1.92 million copies to rank as the fifth best-selling album of 2008. Paul McCartney also saw some of the best...
...better than its American counterparts not just because it has been making the fuel-efficient automobile customers wanted - though that helped a great deal - but because the Japanese giant makes a fetish out of efficiency. (The term for it in Japanese is kaizen, or continual improvement.) Even Wal-Mart, once environmental Enemy Number One, has made its Byzantine supply chain greener and more efficient - and spreading those values to its network of suppliers. The message is sinking in: a 2008 survey by Johnson Controls found that 72% of building managers are now paying attention to energy efficiency, up 10% from...
...Springsteen, Bruce • acknowledgement by that deal giving exclusivity on greatest hits CD to labor-unfriendly Wal-Mart was, well, idiotic • crotch-first slide into camera of during Super Bowl performance...
...artist Georgia O'Keeffe. A Tennessee chancery court turned down the deal, finding that it violated the terms of O'Keeffe's bequest. When Fisk then negotiated a $30 million deal to share its entire collection with the museum being built in Bentonville, Ark., by the Wal-Mart heiress Alice Walton, the court refused that too, for the same reason. Fisk is appealing that decision, but it still faces the opposition not only of the court but of Tennessee attorney general Dennis Cooper, who entered the case to oppose a sale on the grounds that it would deprive the people...