Word: marts
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Dates: during 2000-2009
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...look of their playground, which consumes no more liters of water than an average household in a year. "At first sight, it's shocking. But at least you feel like a part of nature. It's not an artificial surface you're playing on. It's perfect," says Juan Martín, who just joined the reduced-water golf course. He certainly doesn't view Quijorna's crunchy landscape as a handicap. tel: (34-628) 64 34 11; www.quijornagolf.com
...leading producer of machine-woven carpets in the world. From a string of factories in the industrial 10th of Ramadan City, 34 miles northeast of Cairo, Oriental Weavers ships 70 million sq. ft. of carpets a year, yielding $280 million in revenues. Its customers include such retailers as Wal-Mart, Home Depot, Ikea and Carrefour. With 63% of the shares held by the Khamis family, the firm has a capitalization of $600 million...
...Some, like J Sainsbury, bailed out after years of fruitless effort; others, like the French hypermarket chain Carrefour, lasted a nanosecond. Ahold, a Dutch company that owns the chain Stop & Shop, was bruised by an accounting scandal. Delhaize, the Belgian owner of Food Lion, holds on grimly as Wal-Mart makes chopped meat of the industry's profit margins...
Tesco, the only supermarket that outsells Wal-Mart's British arm, hopes "it" works well enough to export. Earlier this year, the company announced plans to open convenience stores based on the Tesco Express format on the West Coast of the U.S. in 2007. Tesco will initially commit $460 million a year to the project, in the hope of finally getting its piece of the richest grocery market in the world...
...successfully developed both mammoth one-stop stores and more modest convenience shops. The strategy has left rivals playing catch-up: Tesco boasts a 31% slice of the British grocery market, according to research firm TNS Worldpanel. Running a distant second, with 16%, is ASDA, owned by Wal-Mart...