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Gates' home of the future has been under construction for more than four years, and is not expected to be completed until this summer. Built into a bluff fronting Lake Washington, it has 40,000 sq. ft. of space and will cost about $40 million. Looming against the night sky are three connected pavilions of glass and recycled Douglas fir beams, looking a bit like a corporate conference center masquerading as a resort...
Many managers can slash their way to profits. Act II, growth, is the tough part, and that's where Martinez is right now. "You can't shrink your way to greatness," he is fond of saying. Sears has gained 10 million sq. ft. of selling space, mainly for apparel, in areas reclaimed from storage rooms and furniture departments that migrated to their own stores. To stock the shelves, new merchandising chief Robert Mettler, recruited from Robinson's, brought in popular national brands such as Champion, Arrow and B.U.M. and launched fashionable Sears-designed garments (imagine!) such as the Canyon River...
When the new 139,000-sq.-ft. store opened, shoppers wondered if they'd wandered into the wrong place. Visitors are struck by racks of sequined evening gowns, stylish suits and hip outfits for teens. "People look confused when they come in for the first time," says Wendorf. Tammy Ray, 31, wasn't confused but pleasantly surprised as she studied the huge jewelry case. "My grandmother told me it was nice," said Ray. Susan Brenton, 41, shopping for her 13-year-old daughter, said, "I'd have never thought to buy her pants at Sears. But recently she got herself...
...making an honest living is not an Irving Kott hallmark. Although he claims Canadian residency, Kott spends much of his time in California and lives at a rented 4,000-sq.-ft. mansion in Beverly Hills with a swimming pool and tennis court that was once the home of Cary Grant. Officially, the tenant is Rhoda F. Kott, Irving's wife, and there's a reason: by claiming Canadian residency, Kott has been able to avoid being served with subpoenas at JB Oxford's headquarters. Until a few months ago, Oxford reimbursed Kott's consulting firm for the rent...
Latham, who represents a district with more than 18,000 sq. mi. of the nation's most fertile soil, told voters he would take his rural values to Washington. He calls himself a "progressive conservative"; as a deficit hawk, he was named a Taxpayer's Hero by the Council for the Citizens Against Government Waste. You can even check the national debt's growth on Latham's Website www.house.gov/latham)...