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Hordes of frenzied shoppers had barely descended upon shopping malls and retail stores at the crack of dawn on the day now dubbed Black Friday when the breathless speculation about how weak or strong this year's holiday shopping season began. The dirty little secret, however, is that the day is actually not a very good predictor of holiday sales overall. "No matter how successful Black Friday is, it's the weeks before and after Christmas that will determine how successful of a holiday season it is," says Scott Krugman, of the National Retail Federation...

Author: /time Magazine | Title: The Myth of Black Friday | 11/27/2007 | See Source »

...Black Friday, shoppers nationwide rise before dawn or camp out all night to benefit from major sales at large stores. But because Harvard Square stores rely on students and tourists to generate profit, the Thanksgiving holiday left some stores empty. “Sales were dead Friday,” said DOMA Liquors store manager Arjun Kunwar. “Once the classes start again, it’ll be mad busy. Students will buy a lot of liquor.” According to the estimate by ShopperTrak, a sales research company, Friday’s nationwide sales rose...

Author: By Kevin C. Ni, CONTRIBUTING WRITER | Title: Square Quiet Over Holiday | 11/26/2007 | See Source »

...Green Zone take brutal hammerings, a dozen strikes or more crashing in the darkness. For weeks it has gone like this - relative calm in the city during the day followed on many evenings by a chorus of explosions around the city. In the past several days, however, dawn has brought blasts of its own, a seeming answer by insurgents and militia fighters to assertions by U.S. and Iraqi officials that Baghdad and other areas of Iraq are on the mend...

Author: /time Magazine | Title: Baghdad: Quieter but Not Peaceful | 11/23/2007 | See Source »

...Hundreds of new music albums and dozens of new films. Blockbuster art exhibitions at all the big museums. Fresh programs of concerts, operas and plays in the elegant halls and salles that grace French cities. Autumn means many things in many countries, but in France it signals the dawn of a new cultural year...

Author: /time Magazine | Title: In Search of Lost Time | 11/21/2007 | See Source »

...Audiard's The Beat That My Heart Skipped, both hits on the foreign art-house circuit. French novelists are focusing increasingly on the here and now: one of the big books of this year's literary rentrée, Yasmina Reza's L'Aube le Soir ou la Nuit (Dawn Dusk or Night) is about Sarkozy's recent electoral campaign. Another standout, Olivier Adam's A l'Abri de Rien (In the Shelter of Nothing), concerns immigrants at the notorious Sangatte refugee camp. France's Japan-influenced bandes dessinées (comic-strip) artists have made their country a leader...

Author: /time Magazine | Title: In Search of Lost Time | 11/21/2007 | See Source »

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