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May 9th, 2013
thesmithian

The world of consumption is still a Balkanized place. If you want to see…divergent proclivities in all their finely segmented glory, spend some time at the Dubai International Airport. The world’s third busiest air hub, Dubai boasts the most lucrative and perhaps most sophisticated duty-free shop on Earth. Its total retail space is more than one and a half times the size of Saint Peter’s Basilica in Rome, and its sales reached $1.6 billion in 2012. With its constantly circulating clientele, Dubai Duty Free is the global retail market collapsed into a few sleek airport terminals.

more on Tang, gold bricks, liquor, watches, and Hershey’s.

May 2nd, 2013
thesmithian

Bergdorf’s has been called everything from a hymn to consumer capitalism to the store with the most discerning clientele in the world…

more.

April 24th, 2013
thesmithian

Hundreds of Chicago fast food workers walked off the job early this morning at restaurants like McDonalds and Dunkin Donuts, with workers at…chains like Macy’s and Sears joining them…more than 500 workers are expected to participate in the strike, calling for higher wages and the right to organize unions in low-wage jobs that are increasingly dominating the American economy.

more. and more.

March 20th, 2013
thesmithian

‘The average American cashier makes $20,230 a year, which in a single-earner household would leave a family of four living under the poverty line…’

…But if he works the cash registers at QuikTrip…the convenience store and gas station chain offers entry-level employees an annual salary of around $40,000, plus benefits. Those high wages didn’t stop QuikTrip from prospering in a hostile economic climate. While other low-cost retailers spent the recession laying off staff and shuttering stores, QuikTrip expanded to its current 645 locations across 11 states. Many employers believe that one of the best ways to raise their profit margin is to cut labor costs. But companies like QuikTrip, the grocery store chain Trader Joe’s, and Costco Wholesale are proving that the decision to offer low wages is a choice, not an economic necessity.

more.

March 14th, 2013
thesmithian

‘In 2011, the multinational chain announced its intent to open between 275 and 300 stores in federally designated food deserts…’

…stating, “We believe every single person should have access to an abundant selection of fresh fruits and vegetables at an affordable price.” The superstore, however, pays poverty-level wages—a national average of $8.81 an hour—employs roughly one-third of its employees without benefits and exports the majority of its earnings to its Bentonville, Ark., headquarters, creating a robust case that the city council’s quick-fix answer may hurt food deserts more than it helps them. “We don’t think Walmart can solve the problem of low-wage people getting access to healthful food…”

more.

February 9th, 2013
thesmithian

Fast-­fashion retailers like H&M, Topshop and Forever 21 are great at hawking what we never knew we wanted. Not only that, they offer it at steadily reduced prices. Cline…notes that “because of low prices, chasing trends is now a mass activity, accessible to anyone with a few bucks to spare.” Quality is no longer an issue, because you need clothes to last just “until the next trend comes along.” The wastefulness encouraged by buying cheap and chasing the trends is obvious, but the hidden costs are even more galling. Cline contends that “disposable clothing” is damaging the environment, the economy and even our souls…

more.

Fast-­fashion retailers like H&M, Topshop and Forever 21 are great at hawking what we never knew we wanted. Not only that, they offer it at steadily reduced prices. Cline…notes that “because of low prices, chasing trends is now a mass activity, accessible to anyone with a few bucks to spare.” Quality is no longer an issue, because you need clothes to last just “until the next trend comes along.” The wastefulness encouraged by buying cheap and chasing the trends is obvious, but the hidden costs are even more galling. Cline contends that “disposable clothing” is damaging the environment, the economy and even our souls…

more.

February 5th, 2013
thesmithian

The story of her year spent performing next to no “beauty work”—makeup, hairstyling, mani-pedis, most depilation, clothes shopping—in order to find out what would happen if she stopped playing the beauty game altogether, the book is a good deal less tidy than the subtitle implies, and that’s a good thing.

more.

The story of her year spent performing next to no “beauty work”—makeup, hairstyling, mani-pedis, most depilation, clothes shopping—in order to find out what would happen if she stopped playing the beauty game altogether, the book is a good deal less tidy than the subtitle implies, and that’s a good thing.

more.

January 30th, 2013
thesmithian

For five consecutive years, vinyl-loving listeners have ratcheted up sales to keep this small but dedicated market alive and thriving.

more.

For five consecutive years, vinyl-loving listeners have ratcheted up sales to keep this small but dedicated market alive and thriving.

more.

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