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...worst of times for the restaurant industry, it's the best of times for McDonald's," says Burt Flickinger III, managing director of the Strategic Resources Group, a retail-consulting company. McDonald's reported global same-store-sales growth throughout 2008 - and in November, global sales rose 7.7% over 2007 (sales jumped 4.5% in the U.S.). In fact, the company's sales have increased for 55 straight months. Profits grew 11%, to $1.2 billion, in the third quarter of 2008 (the company will report its fourth-quarter results on Jan. 26). McDonald's and Walmart were the only two companies...
...like saying you were a self-taught brain surgeon. But over the past couple of years, vanity publishing has become practically respectable. As the technical challenges have decreased--you can turn a Word document on your hard drive into a self-published novel on Amazon's Kindle store in about five minutes--so has the stigma. Giga-selling fantasist Christopher Paolini started as a self-published author. After Brunonia Barry self-published her novel The Lace Reader in 2007, William Morrow picked it up and gave her a two-book deal worth $2 million. The fact that William P. Young...
Following the announcement that Crate and Barrel will shut its doors this weekend, Brattle Street is poised to lose two more businesses with the closing of cosmetics store Beauty and Main and business accessories store Cross...
...husband, fashion illustrator Ruben Toledo, was an unlikely choice for today's ensemble because she is not a mainstream designer. In 1998 the fashion maverick stopped presenting biannual collections, instead choosing to create on her own schedule. Obama discovered Toledo's work through retailer Ikram Goldman, whose Chicago specialty store, Ikram, is a favorite shopping spot of the First Lady's. Goldman, who carries other Obama favorites like Thakoon and Narciso Rodriguez, is said to have helped Obama order her outfits from the designers. (Read "Can First Daughters Sasha and Malia Give J. Crew a Lift...
What might be happening, suspects DiBaise, is that each person's ability to extract energy and store fat from food changes depending on which combination of bugs are living in the gut. Those who are morbidly obese, it seems, tend to nurture bugs that promote the fat-storage process, which might be a factor in their excessive weight gain. The bypass patients appeared to follow a similar pattern but in the opposite direction, eating less first and then developing bugs appropriate to that diet. It's not clear how the physical act of reducing food intake drives that change...