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Word: retailing (lookup in dictionary) (lookup stats)
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Muhlenkamp particularly likes companies whose products can command full retail price. That's where margins will hold up. "You think someone who always wanted a $200,000 mobile home is going to haggle?" he asks...

Author: /time Magazine | Title: How to Surf the Age Wave | 8/12/2002 | See Source »

...levee is now officially dry. Following a 40% drop in 2001, sales of singles on CD and tape are down 67% so far in 2002, putting the format on the fast track to extinction. It's not just consumer apathy; many major labels have simply stopped manufacturing singles, which retail for about $4, figuring that if consumers really want to hear a song and have no other choice, they will just fork over $18.99 for an entire album. Some consumers have even resorted to downloading the songs they want for free online. Shocking...

Author: /time Magazine | Title: Spinning in Its Grave? | 8/12/2002 | See Source »

Poor Justine Last (Jennifer Aniston). When she gets home from clerking at Retail Rodeo, her life is even more awful. Her husband (John C. Reilly) is a house painter with a disastrous sperm count. Mostly he sits around stoned, watching inane TV. No wonder Justine starts making eyes at Holden (Jake Gyllenhaal), the cute new guy at work. He has borrowed his name from The Catcher in the Rye, but his soulful air masks a dangerous obsessiveness...

Author: /time Magazine | Title: Movies: Lost Souls | 8/5/2002 | See Source »

...stiff stroll up Mount Parker road to the rarely-frequented Sir Cecil's Ride. The three-kilometer-long, narrow dirt path snakes its way west, ducking through thick forest. If your timing is right, you will emerge just as the sun sinks behind the skyscraper-studded retail district of Causeway...

Author: /time Magazine | Title: Hot Spot | 8/5/2002 | See Source »

...economy, on paper at least, is chugging along. "Wages, employment, housing, retail sales--they all suggest a very solid economy," Lindsey told TIME. Why get in the way of that? It's a view Greenspan also articulated last week. But the Bush team's inaction is drawing unfavorable comparisons with President Clinton's team of Treasury Secretary Robert Rubin, a Wall Street star, and Larry Summers, the high-wattage Harvard economist. Yet, as a Bush adviser notes, Rubin didn't meddle either and got help from a bull market: "When people were getting 25% return on their investments...

Author: /time Magazine | Title: Wall Street's Verdict | 7/29/2002 | See Source »

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