Word: wal
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...into Europe's second largest retailer in little more than a decade. Today H&M has 1,400 stores in 28 countries, including 114 in the U.S.; there it is still a small player, but its $687 million in sales last year has retailers such as Banana Republic, Wal-Mart and Abercrombie & Fitch all launching fast-fashion initiatives...
That would have surprised the Jamestown settlers, who faced an array of challenges, all of them together crushing. It was a project of the London Co., a group of merchants with a royal patent: Imagine that Congress gave Wal-Mart and General Electric permission to colonize Mars. But of necessity, the day-to-day decisions were made in Jamestown, and its leaders were always fighting. Leaders who were incompetent or unpopular--sometimes the most competent were the least popular--were deposed on the spot. The typical 17th century account of Jamestown argues that everything would have gone well if everyone...
...November when Thomas Jefferson University announced it was going to sell--for $68 million--one of the touchstones of 19th century American painting, The Gross Clinic by Thomas Eakins, who spent nearly all of his turbulent career in Philadelphia. It didn't help that one of the buyers was Wal-Mart heiress Alice Walton, who wanted it for the Crystal Bridges Museum of American Art, which she's bankrolling in Bentonville, Ark. This would be the same Alice Walton who paid the New York Public Library about $35 million two years ago for Asher B. Durand's 19th century landscape...
...been losing membership at a steady pace, turning down a historic opportunity. You can't organize stores that don't exist, Stu. Supermarkets have been pulling out of the city, not moving in, given the high costs and the competition from retail banks for the store space. And Wal-Mart has kicked the UFCW's ass all over the country - there's not a single union Wal-Mart store anywhere. Whatsa matter, Stu, you don't got game for those hicks from Arkansas? This is a union town. New York's cops, firefighters, sanitation workers, teachers, bus and subway employees...
...control what their children see. Junior can buy a ticket for a PG-13 film and stroll into an auditorium showing an R. Or a few months later, he and his friends can rent it from a video store, where kids are rarely carded. Or they go to Wal-Mart and buy the even grottier "unrated" version. (Wal-Mart won't sell R-rated movies to kids under 17, but it will sell unrated ones. Hostel was a No. 1 seller there.) Or they watch lurid clips on YouTube. You can whitewash the billboards, but you can't delete...