Word: buying
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...double row outside the spiritual center of the Russian Orthodox Church, are surrounded by tourists snapping up the iconic egg-shaped souvenirs, made of smaller and smaller wooden dolls hidden one within the other. But on a recent Thursday afternoon, there were only about a dozen people looking to buy. At one table, Olga Isakova waited on her first customers of the day, a man and his son who examined a bright blue-and-white nesting doll with curly blond hair and a heart-shaped mouth before putting it down and walking away. "My sales have fallen...
...continues to take its toll and travelers decide to stay closer to home this summer, Russia's small local industries suddenly find themselves struggling. Now the government is stepping in to try to keep Russia's artisanal traditions alive. Earlier this year the Russian government announced that it would buy $28.4 million worth of nesting dolls (called matryoshka in Russian), lacquered dishes, crocheted shawls, felt caps and other quintessentially Russian knickknacks to bolster the industry and try to protect the livelihoods of some 30,000 workers at around 240 companies. (See pictures of Russia celebrating Victory...
...things to buy during the recession...
...kept the salaries and benefits for their employees to a bare minimum; fashion retailers have prioritized price over style and quality, often using their outlet stores to hawk a completely different line of merchandise. Finally, what kind of bottomless plate of scampi do you really think 15 bucks can buy? In her new book, Cheap: The High Cost of Discount Culture, Shell argues that our never-ending pursuit of cheap has blighted our landscape, depressed working wages and (yes) contributed to the global financial meltdown. Shell talked to TIME about the problem with bargain goods, how to stop yourself from...
...also say that factory outlets may not really be a bargain at all, that you're not really buying a Banana Republic shirt at a cheaper price - you're just getting something else. That's absolutely right, and for me that raises really interesting philosophical issues: When is a brand really a brand? What does it mean to be a Coach bag? What does it mean to be North Face parka? These companies manufacture things specifically for their outlet stores, and they rely on their brand to carry that signal of value. So you have to think about that...