Word: townes
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...Giuliani Professed "Yankee Fan in Chief" Rudy Giuliani said on Oct. 23 he'd root for his team's bitter rivals from Boston--a town suspiciously close to key primary state New Hampshire. Coincidence? [ ] Romney Trying hard to sell him-self as the Gipper Redux, Mitt Romney released an economic plan that would institute a "Reagan Zone of Economic Freedom...
...America great," says Korth, an intense 50-year-old who looks like a miniature Mike Ditka. Randolph's school district has dwindled from nearly 1,000 students to fewer than 400. It's adopted a four-day week to save money and might switch to eight-man football. The town has lost its Ford, Chevy and Chrysler lots, all its implement dealers and lumber yards, its creamery, jewelry store and movie theater. "The big farmers took over, and it's killed small business," says Paul Loberg, who runs a welding shop off Main Street. "All they need downtown is coffee...
...smarter, Wal-Mart's U.S. organization is experiencing a gravitational shift. Wal-Mart has always been run from Bentonville, the defiantly hick-town global home office in Benton County, Ark. Each Tuesday, for decades, an armada of planes would fling regional bosses to the far parts of the empire. They would return Friday and report Saturday morning at the big weekly meeting that has been held since Mr. Sam was in charge. Numbers would be counted; plans would be made; orders would be cut. In the field, store managers wouldn't change their socks unless the home office gave...
Next year is critical for Wal-Mart: it must deliver on the promises made to Wall Street. In its struggles, Wal-Mart faintly resembles another company that once ruled retailing from a central HQ. Sears, Roebuck grew fat supplying rural and small-town America, but ultimately its culture couldn't adjust to shopping-mall America or to discounters. Shoppers today have little idea how awesome was the power of the Chicago merchant. And before Sears there was the Great Atlantic & Pacific Tea Co., the A&P, an urban power that once ran nearly 16,000 U.S. stores. Competitors quaked before...
...hour news coverage means that the old news formats just don’t cut it like they used to. The Internet has the advantage of being able to incorporate all three media formats without any of the usual time delays—YouTube is now the most effective town crier. This competition has led to enormous shifts, with many stations and papers being forced out of business or being bought by large media conglomerates that have consolidated the media industry (think the Wall Street Journal).As these media conglomerates have bought up more and more assets, FCC regulations have...