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...unemployment rises to the highest level in more than a quarter-century, retailers are readying for one of the country's biggest shopping days of the year - Black Friday, the day after Thanksgiving, which marks the official start of the Christmas shopping season - which will likely foretell the success or failure of 2009's holiday sales season...
...biggest bargains and heaviest competition on Black Friday will be in electronics, where retailers such as Best Buy, Walmart and Target are gearing up to offer "door buster" sales for items ranging from flat-screen TVs, smart phones and home-theater systems to laptops and e-readers. Aside from those predawn door crashers, regular shoppers can expect discounts of up to 60% on certain products on Black Friday, says Vitelli...
...biggest issue is the fact that they are still planning on patenting in the BRIC countries—Brazil, Russia, India, and China—and that is problematic,” said Jillian L. Irwin ’11, a member of Harvard UAEM. “For us, the challenge is to ensure that they are not putting patents [on the drugs] and that there is a strategy in place for poor people to get them...
...Half of the show is established names. This year we have Vera Wang, Derek Lam, Guiliano Fujiwara, and Andrew Gn, who are four of the biggest names in the industry. We always invite edgy, young designers. The other half of the show is composed of student designers. We invited 10 designers from Parsons and two RISD designers. We want the audience to look at the clothes and say, “Wow I never knew you could do that with clothes.” There are some really wild things. The bigger names are less avant-garde in their designs...
...What were some of the biggest challenges this year...