Word: wal
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Dates: during 2000-2009
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...there, lurking behind the freeway as if it had been teleported into this tiny town. In 1999 WorldCom founder Bernie Ebbers moved the company here, to his old college town, and everything changed. Employees started wearing their badges around town as a sign of their achievement. A Wal-Mart Supercenter sprang up. And millions of Ebbers' dollars went to making over Mississippi College. When friends came to visit Cynthia Cooper for lunch, she would give them a tour of the facility. This is the town where she had grown up, and she was proud of this company that knew...
...Lott, on the other hand, is rapidly becoming a relic in his own state. As NAFTA takes effect, and the Wal-Marts and Starbucks start moving in, the Trent Lotts are being shoved to the back of the bus, sitting with plastic casino buckets and handing out Confederate trinkets to the remaining white-power holdouts who reject progress in the name of heritage...
...those of you who don’t know—primarily the hyper-urbanized hipsters who’ve never been in a Wal-Mart or Toys ‘R’ Us—this past holiday weekend featured that ubiquitous post-Thanksgiving materialistic orgy known as “Black Friday.” Thanks to the department stores and shopping center kiosks’ generosity, for one blissful day prices on almost everything are reduced more than 50 percent from their usual 75 percent markup...
...into the home-electronics market. Since Apex introduced its first model in early 2000, for $179, the price of DVD players has plummeted. Apex, based in Ontario, Calif., remains a low-price leader, with its basic units now selling for about $59 at large retailers like Circuit City and Wal-Mart. The fledgling company has captured 15% of the market, making it No. 1 in units sold this year, surpassing Sony and Panasonic...
...also widely believed that increased productivity will lead to permanently high unemployment. Economic theory (and a preponderance of historical evidence) suggests that unemployment is only a temporary consequence of reform. Higher productivity leads to lower prices, which spurs increased consumption, which requires increased production?and more jobs. Wal-Mart, for example, wiped out the American equivalent of the Nakamura store?to nationwide hand wringing?throughout the 1980s and 1990s; unemployment is lower in the U.S. today than it was then, and at 5.7% is lower than Japan's unemployment rate is now. Since 1990, according to the Japan Productivity Center...