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...more space given to other product categories like toys and electronics, the store offered a narrower selection of brands and package sizes in its grocery section, which accounted for some 45% of its store space. This move had a two-pronged effect. Some shoppers, faced with a less robust grocery selection from Walmart, decided to make an extra trip to the neighborhood supermarket, or even dollar stores, to take care of their basic needs. Plus, brands that were spurned by Walmart ran into the arms of its competitors, who were willing to compete aggressively with the retailer on price. "Suppliers...

Author: /time Magazine | Title: Walmart, Suffering a Rare Slump, Fights Back on Prices | 3/20/2010 | See Source »

...Austin provides a useful lesson in how to stay on top of the innovation game. Start with an educated population (43% of Austin residents have a bachelor's degree or higher), mix in a robust venture-capital scene (one of the best outside Silicon Valley), add a supportive community of peers (groups like Bootstrap Austin band together hundreds of entrepreneurs) and wrap all that up with a state government unafraid to throw money at companies that need a little help getting off the ground...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...strategic goals of al-Qaeda et al. Had it done so early on, politically attuned junior officers and noncoms would have stepped forward from the get-go to identify Islamist sympathizers like alleged shooter Major Nidal Malik Hasan. That's the way it works. With a more honest and robust definition of the enemy, proaction would have been expected. Sadly, the country is not "all in" intellectually as it was in 1942, and our finest men and women are fighting with half their leaders' brains tied behind their backs. Gary Harrington St. Petersburg...

Author: /time Magazine | Title: Inbox | 3/15/2010 | See Source »

...trade looms even larger as a source of tension between the two sides. Last year, China's economy expanded at a robust 8.7% despite the global downturn. As the U.S. and other nations struggle to resume growth and reduce high unemployment, they are eyeing China's performance with both envy and agitation. In April, the U.S. Treasury Department will be required by law to declare whether China manipulates its currency - an announcement that could fuel calls in Congress for retaliatory measures against the nation...

Author: /time Magazine | Title: China Takes Aim at the U.S. on Currency Conflict | 3/15/2010 | See Source »

...theater even with the swell of the orchestra behind him. Tam’s artistry in no way overshadowed his technique during this notably difficult concerto—he presented strength and articulation in the intricate fast passages of the third movement until the concerto’s robust conclusion...

Author: By Alyssa A. Botelho, CONTRIBUTING WRITER | Title: HRO Pays Tribute to Kirchner | 3/9/2010 | See Source »

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