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...spring 2001, Majed al-Sabah opened Villa Moda, a 100,000-sq.-ft. mall-cum-boutique (he calls it a "luxury bazaar") in a glass box on the outskirts of Kuwait City. The $20 million building is nearly as impressive as the swarm of big brands--Fendi, Marni, Ferragamo, Prada, Gucci and Yves Saint Laurent--clustered in mini shops inside, along with a Botox bar and a traditional Middle Eastern restaurant (with nontraditional Cappellini furniture) overlooking Kuwait Bay. To make sure the opening didn't go unnoticed, al-Sabah offered members of the international fashion set free business-class flights...
Neither cracking down on vagrancy nor Bush's plan to end chronic homelessness is going to help the growing number of families without housing. David and Gina Christian and their four children have avoided the streets by staying in a 600-sq.-ft. apartment at the Interfaith House in Dallas, which provides three months' housing to 100 needy families each year. David, 34, lost his job fixing rental cars in Austin after Sept. 11 when the tourism industry fell apart. Gina, 36, wasn't making enough as a nursing-home temp to cover the family's expenses. The Christians hocked...
...kitchen of bubbling mud pots in rainbow hues of ocher, pea green and blue gray; of steaming fumaroles puffing from deep crevasses; and of more than 200 geysers, some of which spout boiling water over 30 meters into the air. Similarly dramatic was the nearby Uzon Caldera, a 15-sq-km geothermal field where we bathed in a warm, sulfurous-smelling pond. As we coated ourselves with the mud, thinking "spa," our cook, Elena, a regular visitor to the spot, warned, "Don't stay in too long?Xthe radon gas is not good for your heart." Oops...
...Mart has 1,300 Supercenters, many of them converted from standard discount stores, offering everything from hardware to groceries and drugs. In some areas, it is placing these 180,000-sq.-ft. monsters as close as 5 miles apart. And in the spaces between, it's tormenting local grocery and convenience stores with Neighborhood Markets (call 'em Small-Marts). Wal-Mart is building its first urban Supercenter, in downtown Dallas. And without fanfare it is testing used-car sales alongside one of its Houston stores. "It's surprising how much room we have for growth," says Robson Walton...
...bigger. And Wal-Mart is mounting an audacious expansion that could double its sales within just five years. Wal-Mart has 1,300 Supercenters, many of them converted from standard discount stores, offering everything from hardware to groceries and drugs. In some areas, it is placing these 16,700-sq-m monsters as close as 8 km apart. And in the spaces between, it's tormenting local grocery and convenience stores with Neighborhood Markets (call 'em Small-Marts). "It's surprising how much room we have for growth," says Robson Walton, Sam's son and the company's non-executive...