Word: supermarket
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Dates: during 1990-1999
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...conglomerates. Now they may have to do battle with Softbank. "These keiretsu are going to face off like football teams," says Howard Anderson, founder of consultants the Yankee Group. Yahoo competes with Lycos, which CMGI covets, and Kleiner Perkins' WebGrocer will be up against Softbank's Webvan, another online supermarket based in California...
...Amazon. Much of this serves the same countercultural function that long hair did in the '60s, observes Rufus Camphausen, an author based in the Netherlands who has written extensively on tribal customs. Says he: "These symbols are a way of saying, 'I don't belong to the supermarket society...
...next stop was a big supermarket in Maryland, just outside Washington. Giant Food is a chain here, kind of like PathMark in the Northeast or Winn-Dixie in the South. It had organic carrots for my gravy and organic half-and-half for my red smashed potatoes. But I couldn't find many of the other organic products I needed to be genetically pure...
...kind of practical morality operates on a larger scale too. Take the sale of alcoholic beverages. Wal-Mart does not sell beer and wine in its traditional discount stores. Yet if you walk into many Wal-Mart supercenters, stores as big as 220,000 sq. ft. that combine a supermarket with a traditional Wal-Mart, you'll find plenty of Budweiser to put in the coolers being sold in sporting goods. Wine and beer are also sold in Sam's Clubs and in the company's new chain of downsized Neighborhood Markets, a.k.a. "small marts...
Last week's news should have set press watchdogs yipping and gnashing. American Media, the company that already owns the National Enquirer and the Star, the two top-selling supermarket tabloids in the U.S., announced that it would pay $105 million to buy the Globe, the third biggest. The deal would also give American Media ownership of other Globe titles, including the Sun and the National Examiner, putting nearly all of America's tabloid gossip under one corporate umbrella. This raises big journalistic issues: Are the heady days when the tabs fought for JonBenet Ramsey and Prince William exclusives about...