Word: manhattanization
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Retailers of all kinds are going the cashless way. Supermarkets such as Safeway and Giant, fast-food restaurants such as Wendy's and Burger King, newspaper stands in Philadelphia's CoreStates Bank Plaza and even some taxis in Manhattan are now accepting credit cards. The New York City transit authority has joined the Washington Metro and the Bay Area Rapid Transit line in installing a fare-card system, which has contributed to a 40% drop in fare beating this year and could soon be used to introduce different price levels that reward frequent riders. Some states, among them Maryland...
...worth of product per sq. ft. per year -- 50% above the average take for a , prosperous mall store. Warner's figure is an even gaudier $750. The number may be skewed because the company's showcase stores at Caesars Palace in Las Vegas and on Fifth Avenue in Manhattan do business considerably above the Warner norm, but no one is complaining. Last Christmas, says Peter Starrett, president of Warner Bros. Worldwide Retail, "the Fifth Avenue store did twice the volume we expected...
What any good executive can expect is that success breeds imitation. Where Disney and Warner go, competitors will follow. Sony, which owns the Columbia Pictures library, has opened high-tech prototype stores in its Manhattan headquarters that emphasize the parent company's electronic equipment but also feature bibelots from current sitcoms (Seinfeld coffee mugs, Ed Bundy WHY ME? T shirts) and old movies (Three Stooges dolls, an On the Waterfront I COULDA BEEN A CONTENDER sweatshirt). This month, in the same building, the company will unveil Sony Wonder, a free exhibition space with the first permanent interactive movie theater...
...same way Jakarta or Shanghai. Beyond that, Singapore began its life as a British colony designed to serve as a shipping, administrative and financial center. Today it is a highly skilled society without the urban sprawl and rural poverty that afflict larger nations. An analogue might be Manhattan incorporated as a republic between the Battery and 96th Street, with its own flag, armed forces and immigration controls...
Richard Milhous Nixon lay near death for four days last week in a Manhattan hospital, after suffering a severe stroke. But even before he died on Friday, we had decided to put him on the cover. Nixon has now appeared there 56 times, more than any other man or woman. This issue contains excerpts from his 10th book, Beyond Peace, to be published by Random House on May 18. In his six most recent works, beginning with The Real War in 1980, the former President dealt primarily with East-West relations. In what he called "probably my last book," Nixon...