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...winner during the worst days of the financial crisis, as frugal consumers traded down. While most retailers are shutting down stores, Walmart has opened 52 Supercenters since Feb. 1. Joseph Feldman, retail analyst at Telsey Advisory Group, estimates that each store costs Walmart between $25 and $30 million. In order to continue the momentum that it has picked up during the retail recession, over the next five years the company plans to remodel 70% of its approximately 3,600 U.S. stores...
...average North American city contains about 14 micrograms of particles per cubic meter of air - a vast improvement, thanks to clear-air laws, over the amounts found more than a decade ago. Brook's team studied much higher exposures to particulates, in the order of 150 micrograms per cubic meter, but notes that on many days, cities such as Los Angeles and Pittsburgh and Detroit often reach these levels. (The Environmental Protection Agency deems anything between 151 and 200 micrograms per cubic meter to be unhealthy.) But it's hard for the average city denizen to know when particulate levels...
...didn’t know much about the calendar change, so we ran out—but not empty-empty.” Khadka pointed to the sparsely-stocked shelves, evidence of a welcome boost in sales over the long Labor Day weekend. He had just finished placing an order for more liquor. “The summer is slow for us, since most of our customers are students,” Khadka explained. He estimated that Doma orders twice as much alcohol per week during the school year than in the summer. C’est Bon faced similar...
Guess they weren't ready for summer vacation to end either. Doma employee Subash Khadka estimates they order roughly double the amount of alcohol during the school year. Imagine their surprise when a slew of students in search of alcohol turned up before Labor Day. You don't have to graph any supply and demand curves to figure out we were hit by an temporary liquor shortage...
...keep that from happening again, Karzai will need to show results - and fast. For starters, Afghans say he must dismiss corrupt officials, enforce law and order, and use foreign-aid money to build the roads, dams, bridges and schools that he and the international community have long promised but never delivered. This would win back many Afghans and stall the Taliban's advance. But it won't be easy. To secure victory in the recent election, the President had to indebt himself to the very warlords who are strangling the country with their greed...