Word: supermarketing
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...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...
...Death toll so far in last Wednesday's supermarket fire in Asuncion, Paraguay...
Whether patriotic or protectionist, country-of-origin legislation, after years of debate, got a boost from terrorism. "With 9/11, COOL took on a life of its own as a food-safety issue," says Barry Scher, vice president of Ahold, the supermarket conglomerate. "It got hard for Congress to look the other way." But retailers contend the law would do nothing to control contamination or pesticides, much less bioterrorism. And, they say, it would cause chaos in the grocery aisles. Should stores be fined $10,000 if a clerk tosses bananas from Costa Rica under a shelf tag reading ECUADOR? Should...