Word: wal-mart
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...Gulfport, many businesses boarded up and closed by 10 a.m., while others, including Wal-Mart, closed shortly after noon. The early closings caught most people by surprise and sparked a brief frenzy as people rushed from store to store, trying to find last minute items. Janette Mederos was among nearly 200 people who crowded into Fred's, one of the few stores still open by 2 p.m. Though many shoppers were visibly frustrated to find empty shelves where batteries, candles, and flashlights once stood, Mederos took it all in stride, loading her cart with tiki torches and charcoal...
...initially walked away from in corporate law did come. Her salary last year between the university and six boards approached $500,000. In addition to serving on the boards of the Chicago Council on Global Affairs and the University of Chicago Laboratory Schools, Michelle also worked for Wal-Mart supplier Tree House Foods - a board from which she resigned when her husband criticized the retailing giant's labor practices. Asked in an interview about being the breadwinner of the family, Michelle is shocked by the notion. "Me? No! Barack had, like, four jobs, always," she laughs. "No, really. Barack...
...Slap for Wal-Mart An Arkansas judge found a Wal-Mart in Conway, Arkansas, guilty of predatory pricing on pharmacy products and ordered the store to raise its prices. (Ironically, health-care czarina Hillary Rodham Clinton served on Wal- Mart's board until she became First Lady...
More Cuts for Woolworth A prime victim of Wal-Mart's success has been the Woolworth chain, which announced its second major reduction in size in two years. It plans to close 970 stores and cut 13,000 jobs. Some 400 of the shops to close will be the cheap general stores that made the Woolworth name famous (others will include Kinney shoe stores). After the closings, only 400 or so of the Woolworth five- and-tens will remain...
...with a little neglect. What he really fears is that the electricity will get hooked up. "We don't want power, but it will come in someday, and that will be the end of it," he says. "More people will come in, and they'll want to build a Wal-Mart...