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Late last week, however, Bed Bath & Beyond announced results that actually exceeded the expectations of Wall Street analysts, an all-too-rare event in the retail world. The retailer's profits rose 13.5% for the first quarter. While same-store sales still declined 1.6% - no reason to be jumping for joy in the aisles - many analysts figured the fall would be much worse, in the 4% range. What does Bed Bath & Beyond's improvement say about the state of the consumer psyche? If shoppers are more willing to spend their money on discretionary items like cushioned bath mats...

Author: /time Magazine | Title: Bed Bath & Beyond: An Economic Indicator? | 7/1/2009 | See Source »

...looking for stuff that you don't really need or are a spouse intent on torturing your husband, just take a ride to Bed Bath & Beyond. After all, the home-furnishing retailer is famous for its selection of macho, must-have merchandise like sweet-smelling soaps, stainless-steel garbage cans and extra-fluffy towels. Like most home-furnishing retailers, Bed Bath & Beyond, a $7.2 billion company with more than 1,000 outlets nationwide, has stalled in the recession: same-store sales dropped 4.3% in the fourth quarter of the fiscal year ending in February, while earnings fell...

Author: /time Magazine | Title: Bed Bath & Beyond: An Economic Indicator? | 7/1/2009 | See Source »

...expenses claims ranged from hilarious to heinous, from charges for replacing a bath plug to maintaining a moated residence. And they demonstrated that some politicians routinely worked the system to minimize their personal tax burden at public cost - much of this falling within rules agreed by MPs over years to enhance their remuneration without having to publicly award themselves fatter pay packets. Over 27 days of revelations in the Daily and Sunday Telegraph, politicians of all hues have been implicated and their reputations trashed...

Author: /time Magazine | Title: Labour Pains: Gordon Brown is Running Out of Time | 6/22/2009 | See Source »

...excuse that is always plausible in northern Virginia: traffic, literally the top issue of the campaign. Though his blue suit was turning dark around the shoulders with moisture, Deeds wandered about without an umbrella shaking hands with everyone in sight, including the media. Deeds, who represents rural Bath County in western Virginia, had languished in third place until he received his own big endorsement, this one a surprisingly resounding one from the Washington Post, that has helped double his poll numbers in the D.C. suburbs, put him in the lead in some new statewide polls and spurred a last-minute...

Author: /time Magazine | Title: Will Dems (and McAuliffe) Buck Tradition in Virginia? | 6/9/2009 | See Source »

...dark outside, and you're all huddled for warmth at the start. As you're running, the sun comes up. It's just brilliant. Every moment, every mile brought a vivid sensation. When you allow yourself to ease into the run, as if you're easing into a hot bath, the sensations come to you gradually. You feel your body warming up. You feel yourself hitting a stride. Nothing ever feels forced. It feels soothing and fun. The only crunch time was the last 10 miles or so - they were a little hard. I thought there was going...

Author: /time Magazine | Title: The Myth of the Lonely Long-Distance Runner | 6/1/2009 | See Source »

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