Word: thirdly
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Walmart, the world's largest retailer, has seen better days. Yes, profits rose 22%, to $4.63 billion, in the fourth quarter of '09. Even coming out of the Great Recession, many consumers are trading down to shop at the discount superstore. However, for the third straight quarter the store saw negative same-store sales growth; during the last three months of 2009, same-store sales dropped 2%. Overall traffic in Walmart stores was down too. To Walmart executives and investors, this disturbing trend has to be reversed; despite the earnings growth, Walmart's stock fell 1.1% on the day earnings...
...Connor sealed the first perfect season in Harvard wrestling history—35-0—with the program’s third national championship, topping Pami, 6-4, in the decisive bout...
While each team scored twice in the final quarter, the Spartans had put the game away in the third, outscoring Harvard by a 4-1 margin to add to its 7-4 halftime lead...
...growth. People talk about small businesses being such great generators of jobs, but a more precise assessment is that young businesses are. John Haltiwanger, an economist at the University of Maryland, has been studying government data for 25 years and has determined that about a third of all new jobs created come from start-ups. Furthermore, young companies add jobs faster. From 1980 to 2005, the typical 15-year-old firm added jobs at a rate of 1% a year, the typical three-year-old firm at a rate of 5%. "These are the rocket ships of the economy," says...
...container port. The mother's body was quickly retrieved, but except for a red schoolbag, there was no trace of the boy until March 4. On that day, his body was finally hauled out of the water, and Hong Kong notched up a peculiarly grim statistic: it was the third instance in a month of a mother killing herself and wanting her child to die along with...