Word: marts
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Dates: during 2000-2009
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Macy's is one of several big retailers that cater to the American middle class. Shoppers with a little less money may go to Sears or K-Mart. People who have a bit more disposable income may go to Nordstrom. Macy's shoppers are not likely to be in high end stores like Nieman Marcus or in companies like Wal-Mart who get consumers from the lower end of the income scale...
...While sales are down at most nationwide retailers, Khubani says the number of Telebrands products purchased in Walgreens, Target and Wal-Mart are "way up," with overall sales nearly doubling since last year. "They're typically inexpensive, solve a common problem, and they're fun," Khubani says, explaining the success of his products. Of course, when it comes to pricing, it helps that many of these companies, including Allstar, outsource nearly all aspects of production, shipping and ordering. The Snuggie, for example, is manufactured in China...
...Five Banks held up in a single day in New York City, where such robberies are up 54% from last year. Grocers putting electronic tags on sirloin to deter shoplifters. Psychologists predicting more mall violence and workplace rampages. And of course the story that started it all, the Wal-Mart worker trampled by shoppers who pushed past with urgent indifference even as paramedics tried to save him, for there were bargains to be seized...
Plenty of companies with charismatic leaders can still thrive after they're gone, says Jeffrey Pfeffer, a professor at Stanford University's business school. Recent examples include Wal-Mart, Southwest Airlines and the Mayo Clinic, he says. The trick lies in the ability of successors to understand what made a company great--and preserve that part of the culture. And what's Jobs' secret sauce? "Most company leaders do what everyone else does," says Pfeffer. "The genius of Jobs is to get his company and its people to get out of that rut--to not follow the crowd but lead...
Tammie Jones, 36, returned to the Lower Ninth Ward partly to help her 77-year-old mother repair the family home. Over three years after Katrina, their home remains unfinished. They avoid traveling to the downtown Wal-Mart for groceries, they say, mainly because it's often overcrowded and lacks basic products. "It's a horrible mess," Jones said on a recent Sunday morning, standing outside her family's church in the Lower Ninth Ward. She travels across the Mississippi River into neighboring Jefferson Parish for groceries. "We bring our tax dollars into other parishes, which is horrible. We shouldn...