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...example, Flickinger's research shows that at a group of WinCo Foods stores in California, the Western grocery chain carried 34 different sizes of detergent brands like Sun, Arm & Hammer, Surf and Gain. Neighboring Walmarts only carried 10 of these sizes. Further, of the 10 brand packages both stores sold, WinCo was cheaper on five of them. Two carried the same price, and Walmart offered better prices on three of the detergent packages. Of the 32 different sizes of Kellogg's cereal brands offered by WinCo, Walmart carried just seven. Of the brands both stores sold, WinCo was cheaper...

Author: /time Magazine | Title: Walmart, Suffering a Rare Slump, Fights Back on Prices | 3/20/2010 | See Source »

...course, Walmart won't get pounded on price for long. "The time has finally arrived!" Weinswig wrote in a research note. "WMT [Walmart's stock symbol] is lacing up the gloves in the fight to win the modern day price war in food retail in 2010." Weinswig found that a 2-liter bottle of Coca-Cola, which recently cost the consumer $1.58 at a New York City-area Walmart, was now selling at the same store for 98 cents. "You're not going to ignore that," says Weinswig. "That's 'wow' pricing, and you'll think twice about going somewhere...

Author: /time Magazine | Title: Walmart, Suffering a Rare Slump, Fights Back on Prices | 3/20/2010 | See Source »

...most people, the idea of writing a senior thesis is so daunting that they don’t even bother; for others, it’s a chance to show their community what all of their hard work and research has come down to. But for Anna K. Barnett-Hart ’09, who is currently a financial analyst at Morgan Stanley, her senior thesis resulted not only with honors in economics at graduation but also with an acknowledgment in author Michael Lewis’s latest book, “The Big Short: Inside the Doomsday Machine...

Author: By Agnes K. Sibilski, CONTRIBUTING WRITER | Title: Recent Grad's Thesis Wows Michael Lewis | 3/20/2010 | See Source »

...Congress wants more and better jobs in the U.S., it should do things like create a permanent tax break for companies that invest in research and development, make it easier for foreigners who get science and engineering Ph.D.s at American universities to stick around after graduation, and spend serious time and money improving the nation's infrastructure, including the electric grid and broadband network. Such initiatives will not create many jobs that can be tallied on a spreadsheet. What they will do is more important: lay the groundwork for businesses to innovate and grow...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...filicide-suicides are not a new phenomenon in East Asia, but Hong Kong's relatively high number - there have been at least 15 since the start of 2008 - has raised alarm. "Three in one month is a critical warning sign," says Paul Yip, director of the Centre for Suicide Research & Prevention in Hong Kong. In the U.S., murder-suicides predominantly involve spouses killing partners before taking their own lives. But in Hong Kong, Yip says, at least 50% of cases involve the death of a child. (See "Hong Kong Roundtable: Ten Years, Five Views...

Author: /time Magazine | Title: Hong Kong: Parent-Child Suicides Are Rising | 3/19/2010 | See Source »

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