Word: chicago
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...where the very rich live, the dining wealth gap is even wider. In New York City, the price of Zagat's average restaurant meal didn't change at all--up just 0.1%--while at the most expensive 20, it was up 11.1%. In Washington, it's 2.1% vs. 7.6%; Chicago, 3.3% and 6.7%; Atlanta, 3% and 7.8%. If there were a city called Hedgefundville, you'd need scientific notation to calculate the differential...
...York City and Washington, chef Laurent Tourondel is serving a $92 rib-eye steak, and he's pretty sure he's holding back. "I could raise it a little bit more" without losing any diners, he says. "I don't think I'm close to that price yet." When Chicago's Alinea raised the price for its Tour, which comprises more than 20 courses, reservations just continued going up. "You would think that increasing the Tour from $175 to $195 would have an effect on demand, but the overall percentage of Tours we sell on any given night has increased...
...pushing executives out to where the stores are and bringing in local hires. The company has created five U.S. regions and staffed them as if they were independent $8 billion-to-$12 billion retailers. The Southeast regional headquarters is in Atlanta; the Midwest is run out of Chicago. Both regions are headed by locals, which will give the company more political clout in the sometimes contentious battles for store locations. The store-management structure has been similarly overhauled to emphasize a local touch in marketing and human resources. "It's not that it was too much Bentonville-centric," Castro-Wright...
...Mart faintly resembles another company that once ruled retailing from a central HQ. Sears, Roebuck grew fat supplying rural and small-town America, but ultimately its culture couldn't adjust to shopping-mall America or to discounters. Shoppers today have little idea how awesome was the power of the Chicago merchant. And before Sears there was the Great Atlantic & Pacific Tea Co., the A&P, an urban power that once ran nearly 16,000 U.S. stores. Competitors quaked before it. This is the history of retailing. It says that every company that has reached No. 1, from Woolworth...
...applicant pool that boasts both active professional writers with extensive publication credits and scholars with J.D.s and Ph.D.s in literary studies, history, biological and cultural anthropology, and philosophy. Our preceptors have their degrees from the best graduate programs in the country—Harvard, Yale, Princeton, the University of Chicago, the University of Michigan, the University of California-Berkeley, and the University of Pennsylvania, to name just a few. They come to Expos with a compelling combination of outstanding teaching records and disciplinary expertise. Instructors with such unparalleled abilities—and this is where the editorial gets it right?...