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...chains neglect. Operating costs are as spare as the rest of the place. At any given time, there are fewer than five staffers inside an Aldi store. On a recent afternoon at a location on Chicago's North Side, for instance, there were just two cashiers, an employee replenishing milk shelves and a security guard greeting customers. Customers are encouraged to bring their own shopping bags, reducing the need for plastic bags, which are sold at 10 cents apiece...

Author: /time Magazine | Title: Aldi: A Grocer for the Recession | 10/28/2008 | See Source »

...Russia 16 years ago, Chernova regularly shopped at conventional supermarkets like Dominick's and Jewel, but no more. "They're too expensive," Chernova says, clutching her shopping list with one hand. Now she visits Aldi once a week, drawn by the deep discounter's $2.69 1-gal. jugs of milk and 33-cent boxes of salt. "I've got to save my pennies," she says, heading into the store. Chernova certainly isn't alone...

Author: /time Magazine | Title: Aldi: A Grocer for the Recession | 10/28/2008 | See Source »

...Chocolate is enjoying a renaissance, just as coffee did a decade ago," says Kent Bakke, U.S. importer for luxury brand Claudio Corallo Chocolate, which charges $14 for a few powerful pieces. A glass of milk costs extra...

Author: /time Magazine | Title: Chocolate, Meet Choco-Luxe | 10/23/2008 | See Source »

...chocolate market--have shifted focus from mass-market bars to upscale gourmet in order to shore up profit margins. That's bitter news for some: to cut costs, Hershey's recently replaced cocoa butter with vegetable oil in several products, which is why the labels on Mr. Goodbar, Milk Duds and Krackel now have to say things like "chocolatey" instead of "milk chocolate." But even as the king of American candy cheapens its low-end stuff, Hershey's--which saw its quarterly profit double recently--is diving into choco-luxe. Cran-blueberry almond, anyone...

Author: /time Magazine | Title: Chocolate, Meet Choco-Luxe | 10/23/2008 | See Source »

...lack doors and have awkward gaps between the bricks to facilitate cooling. Baker’s team, the Centre of Science and Technology for Rural Development associates and follows Mahatma Gandhi’s edict that all materials be found within a five-mile radius: wood, bamboo, stone, cactus milk, pig urine, and recycled bottles, to name a few. The result is cheap, safe, high-quality, and environmentally friendly housing that appears to simply grow out of the ground...

Author: By Raúl A. Carrillo | Title: Captain Planet Economics | 10/23/2008 | See Source »

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