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Some are more discrete, hosting sample sales in dark industrial buildings in Manhattan and using invitation-only third-party websites, such as brandalley.com, gilt.com, and billiondollarbabes.com, to sell excess inventory at heavily discounted prices...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

Some have signed deals with even cheaper retailers, such as Jimmy Choo designer Tamara Mellon's deal with H&M, Anna Sui's clothing line for Target, and Vera Wang's partnership with Kohl's. This week, Narciso Rodriguez announced plans to sell a line of his clothing exclusively...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

...example, the show’s opening scene features just such a positive, practical idea: a community market. As Elmo shops around for odds and ends on the street, Al Roker explains to Elmo that a community market is just “neighbors coming together to buy and sell things” and “make some extra money.” In a later scene—and a symbolic slice of the show’s spirit—one of the neighborhood youths explains to Grover that despite the ambiguity of the phrase, one can?...

Author: By Raúl A. Carrillo | Title: Lessons From the Street | 9/17/2009 | See Source »

Leon Panetta knew it was going to be a hard sale, and so the CIA director dished out some serious hard sell as he tried to drum up support for the agency from Arab Americans in the most Arab city in the country. On Wednesday, the CIA invited 150 community leaders in Dearborn, Mich., to a lavish iftar, the traditional evening feast at the end of each day's fasting during the month of Ramadan. The CIA and the FBI have made strenuous efforts to sign up Arab Americans in recent years, but the suspicions and recriminations since 9/11 have...

Author: /time Magazine | Title: The CIA Comes Calling for Arab-American Help | 9/17/2009 | See Source »

After months of anticipation and blown deadlines, Senate Finance Committee chairman Max Baucus on Wednesday finally unveiled his bill to overhaul the nation's health-care system. The Montana Democrat did his best to sell the controversial proposal, stressing that it was largely in line with the principles laid out last week by President Barack Obama: it has a 10-year price tag of less than $900 billion, doesn't add to the deficit and includes a mechanism to ensure that those with pre-existing conditions can't be denied coverage. But Baucus' relentlessly positive spin couldn't change...

Author: /time Magazine | Title: 5 Things Dems Don't Like About the Baucus Bill | 9/17/2009 | See Source »

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