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...layout is also smarter. "You can kind of guess where everything is going to be," says Sharon Tilotta, 73, a shopper in the West Deptford store. The pharmacy, pet foods, cosmetics and health and beauty sections are now adjacent to the groceries. In the past, groceries and these other sections were often at opposite ends of the store, which made it more difficult for someone looking to pick up some quick consumables to get in and out of Walmart. "Under Project Impact, Walmart is providing more of a full supermarket experience within its walls," says Feldman. "The biggest complaint against...

Author: /time Magazine | Title: Walmart's Latest Move to Crush the Competition | 9/9/2009 | See Source »

...Apparel, one of Target's traditional strengths, gets a prominent position at the center. The color palettes of the shirts and dresses are brighter and more appealing than they've been in the past. "Walmart has figured out fashion for the first time in 47 years," Flickinger says. "They've gone from a D to an A-minus." Briefs and underwear have been shuttled to the back. "That's a smart move," Flickinger says. "People know to come to Walmart for the commodity clothing. Now, they have to walk past the higher margin, more fashionable merchandise to get what they...

Author: /time Magazine | Title: Walmart's Latest Move to Crush the Competition | 9/9/2009 | See Source »

...unlike in the past, there is very little evidence to suggest that the recent jump in gold has anything to do with inflation. Gold prices started increasing around the time the government released results of the bank stress tests, which indicated that many of the nation's top banks would need little or no further financial assistance. Many point to the stress tests' positive results as the beginning of the end of the financial crisis. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Gold Tops $1,000: Good or Bad Sign for the Economy? | 9/9/2009 | See Source »

...there are few signs that inflation will be rising anytime soon. The Consumer Price Index fell 0.2% in July and was down about 2% this past year. That's not inflation; that's the opposite. And while the economy seems to be recovering, it is still slow going. Unemployment continues to climb. Inflation, however, typically occurs when the economy is hot - the result of too many buyers for too few goods. Many think it will be months or years before the economy gains that much steam again. "Our prediction is that core inflation will not pick up until 2011," says...

Author: /time Magazine | Title: Gold Tops $1,000: Good or Bad Sign for the Economy? | 9/9/2009 | See Source »

...goes even further when addressing gift-giving. In the past, it was relatively easy for people expecting to be named as agents to slip into the POA a self-serving gift-giving provision. Because these write-ins would often be overlooked by the principal, it was possible for agents to write checks to benefit themselves and clean out a principal's bank account. Now such doings will be harder to get away with. If the principal wants to grant the agent the specific power to make gifts, the principal must initial a box on the POA authorization form, and then...

Author: /time Magazine | Title: New Legal Protections for the Elderly | 9/9/2009 | See Source »

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