Word: supermarketer
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Dates: during 2000-2009
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...township southwest of New Delhi, looks like a perfect emblem of the new India. Emblazoned with logos of clothing stores, gift shops and fast-food restaurants, the mall's glistening exterior seems to capture the exuberance of India's economic boom. Inside, however, except for a busy restaurant and supermarket, business is sluggish, and many shops are slathered with signs proclaiming SALE. "The customer response has been far below our expectations," says Atul Kaushal, owner of Threads & Toes Mart, a shop that sells jeans and shoes. "Many people come to the mall to look around, but very few actually...
...utter disarray into which they have thrown the American novel. Used to be a literary novel was a taut, emotional family drama set in the Midwest about some sensitive kid coping with a crippling disease. Now books like that read like naive, escapist fantasies. These days it's supermarket thrillers that grapple with pressing geopolitical realities. Tom Clancy's world view has become more plausible and more relevant than Jeffrey Eugenides...
...utter disarray into which they have thrown the American novel. Used to be a literary novel was a taut, emotional family drama set in the Midwest about some sensitive kid coping with a crippling disease. Now books like that read like naive, escapist fantasies. These days it's supermarket thrillers that grapple with pressing geopolitical realities. Tom Clancy's world view has become more plausible and more relevant than Jeffrey Eugenides...
...Indeed, ripples from the blockbuster bank merger are already reaching Japan's sclerotic retailers. To spruce up its balance sheets for the deal, UFJ is getting tough on a borrower, the ailing supermarket giant Daiei?one of the country's biggest "zombie" companies, enterprises that continue to operate despite crushing debt and chronic unprofitability. Daiei is carrying debt of nearly $10 billion. It has little hope of ever repaying, but it has always managed to convince a trio of lenders?UFJ, Sumitomo Mitsui Bank and Mizuho Holdings?to extend additional credit at crucial moments in order to keep it alive...
...Simpson! Jonbenet Ramsey! Michael Jackson! "Enquiring minds want to know," and the National Enquirer is eager to oblige. No one knows more about the colorful supermarket tabloid than Iain Calder, author of The Untold Story: My 20 Years Running the National Enquirer. What's it like to be at the helm of the paper that put celebrity journalism on the map? TIME met with Calder...