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...search for that shop-till-you drop formula, Wal-Mart is testing one prototype in the middle of Middle America--Elyria, Ohio. Castro-Wright strides into a very un-Wal-Mart-like area that features low, wood-veneer (actually recycled plastic) side counters where towels are displayed. You can actually see over the department, and the sight makes you want to linger; you're not hemmed in by the usual 8-ft.-high (2.5 m) discount-store shelving crammed with merchandise. The assortment--the colors and styles--is broad and deep, even attractive. The prices are killer, natch...
...food/dog-sweater example frames Wal-Mart's tactical quandary. The company's cultlike focus on supply-chain logistics grinds away at costs but doesn't allow it to know the neighbors. The new strategy tries to make that connection--editing for the area, offering a point of distinction. "It's going to tell the customer that we understand what they need," says Castro-Wright. "We not only understand what you need, we respect your point of view. We want to be your store of choice because we understand you better than anyone else in the marketplace...
...goods, which is a terrible problem,” Parent says.MODEL STUDENTSThe auction will also feature accessories and perfume donated by professional designers such as Issey Miyake and Alexander Wang.The professional and Parsons designers’ collections will be modeled by students, both from Harvard and from other Boston area colleges.“At the audition, a lot of people thought it was just another fashion show, but the models got really excited once we told them what it was all about,” Kim says.Hannah Cho, a junior at Boston College, heard about the show through...
...were joined by Jeffrey A. Frankel, professor at the Kennedy School of Government, and economics professor Edward L. Glaeser. Quinn said it was nearly impossible for journalists to have predicted with certainty the extent of the global credit crunch. “You start getting into a slightly different area where even Wall Street didn’t know how to value [mortgage-backed bonds],” she said. “I don’t care how good of an investigative journalist you are, you can’t find out about this until it?...
...submit postcards containing secrets they have never told anyone. Although it made its global debut on the Internet, Warren said that PostSecret began three years ago as local community art project. Warren, then a small business owner from Germantown, Md., passed out 3000 blank postcards in the Washington, DC area, all with his address on them. “Slowly secrets began finding their way to my mailbox,” Warren said. He posted them at an exhibition soon afterward. Among the first secrets displayed was a postcard stating simply, “I’m a white...