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...that Home Depot lacks for things to sell. The company's stores average nearly 100,000 sq. ft., or more than twice the industry average, and stock some 30,000 items. To ensure that doors, windows, bathtubs and other goods are available when customers want them, Home Depot tries to stock them in each store rather than in distant warehouses. That pleases shoppers and allows the firm to move merchandise quickly. Despite the recession, Home Depot's profits jumped from $112 million in 1989 to $163 million...
...last year's fourth quarter before rebounding with a $7.2 million profit in the first quarter this year. That was down from $8.4 million in the same period a year ago. In California the National Lumber and Supply Co. closed last year when its 60,000-sq.-ft. home-improvement centers proved unable to compete with larger, more efficiently run stores like Home Depot...
...Seal stores are large and dramatic (3,900 sq. ft. on average), and the merchandise is displayed all the way up to the ceiling on high-tech impressionistic wire mannequins bathed in track lighting. Tops, pants, shorts and jackets are often clustered in the same spot for customers who can't match clothes on their own. Many stores also boast a 25-screen video wall from which computer-controlled rock videos play perpetually. By using computers, boasts marketing director Lesly Martin, "our buyers were actually able to track the day neon beachwear died." Radical...
Millionaires in jeans is the stuff of ordinary boomtowns. But not every boomtown has the Mouse as its Medici. When the $5.8 billion Walt Disney organization established itself near Orlando, it settled on a 43-sq.-mi. property (twice the area of Manhattan) and won from the Florida legislature a sovereignty often compared to the Vatican's. Above all, it brought to Orlando the power of the Disney ethos, which can never be overstated. Executives have traveled to the park to learn about the Disney style of management, which trains employees to cherish Walt, despise stray gum wrappers, follow...
...stuff of legends, pulp novels and late-night reruns of the Twilight Zone: a 140,000-sq.-mi. stretch of the Atlantic Ocean that seems to swallow unfortunate voyagers like a space-time warp. During the past 45 years, more than 100 ships and planes have disappeared in the triangular region -- roughly bounded by Bermuda, Southern Florida and the Greater Antilles -- often in circumstances as murky and mysterious as the storm-tossed sea itself...