Word: ullman
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...episode was a tribute from one cadre of cartoon geniuses-South Park's Trey Parker and Matt Stone-to another, earlier one: Matt Groening, James L. Brooks and their team of highly educated misfits, who developed Groening's crudely drawn one-minute Tracey Ullman Show vignettes of a chinless yellow family into a half-hour sitcom, nay, a veritable comedy cosmos that this fall begins its record-breaking 19th season...
SKETCHED COMEDY Introduced as a short on The Tracey Ullman Show, cartoonist Matt Groening's subversive serial about a dysfunctional American family became its own show in 1989, with bratty Bart as its star...
...clear that each chain is borrowing a page from the other's business model. For example, 22 of the 25 stores that Penney opened in the third quarter were situated in very Kohl's-like locales, a different approach for the mall-based Penney. Myron (Mike) Ullman, the former Macy's honcho who is now CEO of JCPenney, bristles at the comparison. "Let me point out that James Cash Penney opened his first store in 1902, off-mall. This is not new for us," he says. "Kohl's is a great competitor. But this isn't their turf...
...that is likely to compete with Limited's Victoria's Secret chain. "It's clear to our customers that our brands have the style and quality that are comparable to higher-end department stores, at a smarter price. That may sound casual, but it's our underlying premise," says Ullman, who points out that the retailer's seven major private brands contributed $5 billion in sales to the company's coffers this year...
Penney has another feather in its cap: a more established online presence than Kohl's. Last January, in fact, its online sales hit $1 billion--and in the third quarter, sales via the Internet rose an impressive 27%. Ullman boasts that the company is "the largest mass merchant" online. A key advantage: the infrastructure set up to support the company's decades-old catalog business...