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...this odd couple together is one thing: money. Linking up with an exclusive retailer is not a new idea, but it has proven to be quite a profitable one of late, at least for well-established musicians. The Eagles and AC/DC released their most recent original albums exclusively through Wal-Mart, and in January, Bruce Springsteen gave the chain an exclusive greatest-hits set. Each benefited from massive in-store promotion and stop-the-cart placement - AC/DC's Black Ice sold 1.92 million copies to rank as the fifth best-selling album of 2008. Paul McCartney also saw some...

Author: /time Magazine | Title: Prince and Target: A Match Made in Discount Heaven | 3/3/2009 | See Source »

...recession far better than its American counterparts not just because it has been making the fuel-efficient automobile customers wanted - though that helped a great deal - but because the Japanese giant makes a fetish out of efficiency. (The term for it in Japanese is kaizen, or continual improvement.) Even Wal-Mart, once environmental Enemy Number One, has made its Byzantine supply chain greener and more efficient - and spreading those values to its network of suppliers. The message is sinking in: a 2008 survey by Johnson Controls found that 72% of building managers are now paying attention to energy efficiency...

Author: /time Magazine | Title: Being Green May Help Business in Bad Times | 2/11/2009 | See Source »

...Springsteen, Bruce • acknowledgement by that deal giving exclusivity on greatest hits CD to labor-unfriendly Wal-Mart was, well, idiotic • crotch-first slide into camera of during Super Bowl performance...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 2/6/2009 | See Source »

...artist Georgia O'Keeffe. A Tennessee chancery court turned down the deal, finding that it violated the terms of O'Keeffe's bequest. When Fisk then negotiated a $30 million deal to share its entire collection with the museum being built in Bentonville, Ark., by the Wal-Mart heiress Alice Walton, the court refused that too, for the same reason. Fisk is appealing that decision, but it still faces the opposition not only of the court but of Tennessee attorney general Dennis Cooper, who entered the case to oppose a sale on the grounds that it would deprive the people...

Author: /time Magazine | Title: Brandeis' Attempt to Turn Art into Assets | 2/5/2009 | See Source »

...American middle class. Shoppers with a little less money may go to Sears or K-Mart. People who have a bit more disposable income may go to Nordstrom. Macy's shoppers are not likely to be in high end stores like Nieman Marcus or in companies like Wal-Mart who get consumers from the lower end of the income scale...

Author: /time Magazine | Title: Macy's: The Retail Universe in a Box | 2/3/2009 | See Source »

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