Word: downturned
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...about the same spot. Ann Taylor is probably much better off than genuinely failing retailers including Bon-Ton (BONT) and Gap (GPS). Ann Taylor, of course, is not Wal-Mart which will most likely stay in a world all its own for the duration of the downturn...
...While they didn't foresee the current recession when the project was first conceived in 2007, everyone involved insists that the economic downturn will make church members more eager to subscribe. "Tough times are often good for the church," says spokesman Ross, "because people are looking to connect with each other and to connect with God." If that sounds like spin, it is - but it also happens to be true. Church attendance does tend to spike during tough economic times as people search out community for spiritual and material support. Warren's message is particularly likely to resonate with those...
...Detroit News is one of two daily papers in the big U.S. city badly hit by the economic downturn. It is unlikely that it can merge with the larger Detroit Free Press, which is owned by Gannett. It is hard to see what would be in it for Gannett. And with the fortunes of Detroit getting worse each day, cutting back the number of days the paper is delivered would not save enough money to keep the paper open...
...employees,” Consorti said. Though Harvard Square restaurants report that business has not fallen dramatically, one definite casualty of the economy has been corporate meals, dealing a big blow to high-end restaurants that host such events and traditionally see many customers dining on expense accounts. The downturn has prompted fewer companies to pick up the check for recruiting events and celebrations. And instead of entertaining clients with dinner, some firms are opting for a lighter-on-the-expense-account lunch. “We see a little more business at lunch,” said Executive Chef...
...Michael A. Gould-Wartofsky ’07, J. Claire Provost ’07, and Kyle A. Krahel ’08. Both Provost and Gould-Wartofsky were members of SLAM during their undergraduate careers at Harvard. “We are aware that the economic downturn is affecting every sector of the economy,” Provost said. “But when we were undergraduates, we formed relationships with these workers. Even now that we are alumni, those relationships have not died out.” The protesters—who, according to Provost, included alumni, students...