Word: walton
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...happen in the retail industry in the next several quarters is to watch it like a hawk today. The first impression that many people get is that the retail business is OK because Wal-Mart is doing so well. But, Wal-Mart is the exception to the rule. Sam Walton's company continues do well because its tremendous buying power, distribution, and brand allows it to attract customers who get relatively high quality products for very little money. Its success removes a great deal of the foot traffic from the rest of the industry. (See pictures of TIME's Wall...
...investment in public infrastructure—has always been even more important than nurturing genius. All babies get vaccines, everyone has access to excellent roads and the Internet, and we all get clean water to drink. Young people have the hope that springs from a land that produced Sam Walton and Barack Obama...
...average come from more fortunate economic groups. One also needs to know the ethnicity of any grouping selected for research. Do the 82% of black people who say they are church members live longer than people in other ethnic groups who do not go to church? Richard Westall, WALTON-ON-THAMES, ENGLAND...
...Georgia O'Keeffe. A Tennessee chancery court turned down the deal, finding that it violated the terms of O'Keeffe's bequest. When Fisk then negotiated a $30 million deal to share its entire collection with the museum being built in Bentonville, Ark., by the Wal-Mart heiress Alice Walton, the court refused that too, for the same reason. Fisk is appealing that decision, but it still faces the opposition not only of the court but of Tennessee attorney general Dennis Cooper, who entered the case to oppose a sale on the grounds that it would deprive the people...
...want to help give the economy a boost, check out the "Shop Til You Drop" promotion at Chicago's Drake Hotel: Get a $75 Bloomingdale's gift card, as well as 15% off purchases all day. Rates start at $215 per night; through March 31. 140 East Walton Place...