Word: supermarketeers
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...Indeed, many Abbey shareholders are pension funds and asset managers who, to maintain investment objectives, will have to sell if the bank becomes non-U.K. owned. Luqman Arnold, Abbey's chief executive, said he thought the deal would be similar to Wal-Mart's 1999 acquisition of British supermarket chain ASDA, which retains its own name and identity. Whether the deal succeeds or not, Europe's banks remain ripe for more mergers. James Hamilton, an analyst at WestLB Equity Markets, says Germany may be next: "If you look at Germany, which is a relatively fragmented market, there is significant...
...author says that one of his models for Transmission was the fiction of English satirist Evelyn Waugh. When he exposes the inner workings of a Korean online role-playing club, hilariously parodies a Bollywood plot or offers a careful study of how tomatoes are stacked in a California supermarket, Kunzru shows he can do everything a gifted satirist is meant to do. Except perhaps for the most important thing. Waugh's critiques of the modern world's shallowness are set off against a sense of a Christian past that has been lost, a past that can be regained...
Gone are the days when voter-registration drives consisted of a quaint sign-up table at the local supermarket. With the presidential race shaping up as a tight one, some get-out-the-vote groups are turning up the marketing savvy. At an event in San Francisco in May, the group 1,000 Flowers offered free manicures and nail files to encourage single women to register; the organization hopes to sign up 10,000 women at beauty salons by the end of summer. Other groups are offering similarly creative incentives to vote...
...M.B.A. at Harvard when a doctor discovered a malignant melanoma on his shoulder. Hughes underwent surgery and has been cancer-free since. He moved on to a high-powered Wall Street career at Citicorp, where he worked on the $105 million leveraged buyout of the Piggly Wiggly supermarket chain and the $200 million acquisition of Prince Sports Group from Unilever. Seven years after his health scare, Hughes got the entrepreneurial itch. He decided to go out on his own--and help people in the process...
...others, life has become a daily series of calculations. Going to the store usually takes some thought--should you go to the supermarket or the little store inside your complex? Cox says he frequents only malls he knows are owned by one of the Saudi princes, "because they have the money to pay for security." He attends parties only rarely: "I used to go out all the time. Not anymore. I just go from home to work." Most of the time, he prefers to stay home, either finishing work or watching movies. "My social life is zilch," he says...