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Retailers are heading for a decent if not solid Christmas, but the industry is still sorting itself out after a series of big deals and big changes. Last year Federated, which owns Macy's, swallowed up the more moderate May Department Stores. Macy's, having replaced with its own marquee some famous regional department-store names--Marshall Field's, Famous-Barr, Kaufmann's, Filene's--experienced a strong 8.5% increase in same-store sales for November. Sears, which combined with Kmart in 2004, is still struggling. And Wal-Mart, in the throes of a mammoth, disruptive restructuring, reported a dismal...

Author: /time Magazine | Title: The Fight For the Middle | 12/11/2006 | See Source »

...tight with a dollar and careful about cash flow. A key strategy calls for building a formidable library that can spin off immediate revenues while providing fodder for various platforms. Former MGM owner Kirk Kerkorian--who flipped his studio three times--advised the Weinsteins to scoop up all the solid content they could get their hands on. The fickle nature of the movie business makes each film a gamble. Hence a large library reduces overall risk...

Author: /time Magazine | Title: Play It Again, Boys | 12/10/2006 | See Source »

...Sophie C. Kargman ’08 also turns in a solid performance as a foster mother facing failure in “Autobahn,” the eponymous final piece of the play. Like many of the other actors, Kargman’s performance occasionally lacks momentum, seeming to ramble for long periods without character development. Nonetheless, Kargman brings a strong personality to her role that makes it comically superficial, yet ultimately deeply poignant...

Author: By Mary A. Brazelton, CRIMSON STAFF WRITER | Title: ‘Autobahn’ Is An Emotional Ride | 12/10/2006 | See Source »

...When the defense is putting that much attention on one or two guys, it leaves other guys open,” Unger said. “It’s hard to play defense like that at the college level, because most teams have solid players...

Author: By Patrick T. Mcgrath, CONTRIBUTING WRITER | Title: SIDEBAR: Unger Outlasts Illness, Blackbirds | 12/10/2006 | See Source »

...Three Iranian sources - a government official and two figures close to government policymakers - tell TIME that Mottaki's statement is reflective of a solid consensus among the regime's foreign-policy decision makers that restoring relations with the U.S. is in Iran's best interests. "If tomorrow the U.S. seriously - and I emphasize the word seriously - tried to engage Iran, in a way that accepted the 1979 Iranian revolution and engaged Iran in a respectful atmosphere, then Iran would welcome the chance to address mutual concerns," said one of the sources, a prominent expert on U.S.-Iranian relations...

Author: /time Magazine | Title: Iran Reacts Favorably to the Baker-Hamilton Plan | 12/9/2006 | See Source »

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