Word: retailing
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...Stop Shopping For the butcher, baker and candlestick maker, the U.K. high street must seem more alien by the day. British retail bank Lloyds TSB last week announced plans to offer gas, electricity and phone services to customers starting this month. And what else is in store? For supermarket shoppers in the U.K., it could well be an in-house lawyer. Under government plans, supermarkets could soon be allowed to set up legal services for shoppers. The so-called "Tesco law" would see an in-shop solicitor drawing up a shopper's will. Is mixing services a good idea? Most...
Then, at 7:14 p.m., a group of people made hushing noises and suddenly the retail space was eerily quiet...
...young American backpacker rolls his eyes, leans over and sardonically whispers, "This op's run on a need-to-know basis, soldier." My mission?and I had gleefully chosen to accept it?was to go deep under cover in Bangkok's retail jungle with 4,100 baht (about $100) in pocket to reconnoitre Chatuchak Weekend Market in pursuit of vintage threads...
...Berlin Louvre. Like so much else in Berlin, Wertheim fell victim first to the Nazis and then to the postwar communist rulers of East Germany. Most of the Jewish Wertheim family members fled Germany or were killed at Auschwitz, and the property was nationalized after the war. Another retail chain, Hertie, long ago swallowed up the firm's remaining assets in West Germany. And today, the spot where Wertheim's flagship store once stood is an empty wasteland directly opposite the Bundesrat, the upper house of parliament. But Wertheim hasn't disappeared into the history book - far from...
...writing checks." If the government isn't talking, Osen and his client Barbara Principe are. She's a 70-year-old mother of seven children who grew up on a chicken farm in New Jersey, barely aware that her grandfather Franz Wertheim was co-owner of a German retail legend. In 1951 a German lawyer named Arthur Lindgens, a distant relative by marriage of the Wertheim family, bought out Principe's father's and uncle's share for the equivalent of about $5,100 at the time. That enabled Lindgens to get majority control of Wertheim, and he promptly sold...