Word: consumerized
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There is no mystery as to why the No. 2 electronics retailer in the U.S., Circuit City, filed for bankruptcy on Nov. 10. You could blame it on the bad economy or decreased consumer spending - which played no small role - but the real culprit is good old-fashioned bad management...
Another worry that goes hand in hand with stimulus packages like this one is the possibility of stoking inflation. For the moment, though, Beijing can breathe easy on that issue. After wrestling to control rising inflation over the past 18 months, the government reported recently that China's Producer Price...
A pair of Lichtensteins, in the form of sneakers, walked past me in Harvard Square. Just like that. No warning, no explanation, just “Whaam!” “Pow!” “Pop!” and there it was: art and...
Still, catering to the Japanese consumer will be a challenge. What is shiny and new here one day is often dull the next. "Japanese consumers are very fashion conscious and detail-oriented. They have high expectations on service," says Edman, who was born and raised in Tokyo before going to...
No one knows how long the slump will last or how it will play out. There are plenty of analogies to describe the possible shape of the U.S. downturn if you plotted GDP growth on a graph: V (short and shallow); W (double dip with a positive blip in the...