Word: beaches
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Dates: during 2000-2009
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...with reporting by Hector Florin/West Palm Beach, Kristin Kloberdanz/Modesto, Mark Kukis/Washington and Siobhan Morrissey/Miami
...consumers everywhere are reeling. Christopher Adams is an architect who lives with his wife Rachel in a North Miami Beach condo project in which fully 25% of the 244 units are in foreclosure. That means higher maintenance fees for those - like the Adamses - who continue to pay their mortgages. And as his monthly payments have gone up, Adams' income has gone down. His firm has lost three projects over the past year as commercial developers canceled jobs. As a result, he and his wife make decisions that ripple through the economy. He cashed...
...retail - the country's second largest industry, employing some 25 million Americans - those are about the most depressing words you can hear. And millions of Americans are now on the same page. Consider Maria Calderon, a single mother of two in Greenacres, Fla., who works for the Palm Beach County public defender's office. Two months ago, she lost a second, part-time job that had helped pay the bills. She soon surrendered to the gods of credit-card debt. She visited a West Palm Beach credit-counseling service to deal with some $20,000 in unpaid bills. "I wasn...
...Abercrombie & Fitch, and Ben Noble, previously of Quiksilver. There'll be a sharper difference between the men's and women's ranges. Kingsmill is betting that women aren't so interested in jokes and slogans but will embrace a range that celebrates what he calls the "quintessential Australian beach babe," to be embodied by Sydney model Cheyenne Tozzi. Mambo will stay in department stores but also return to surf chains. If all goes well, says Kingsmill, its nine outlets in Australia could become 20 within three years. He also plans to expand into the U.S., where classic Mambo T shirts...
...using American Airlines (AA) miles - they got an email telling them it had been canceled. An Air Tahiti Nui rep told them the next flight wasn't for another two days, which is no good when you've got a honeymoon booked and prefer to be sitting on a beach instead of in an airport...