Word: expectation
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...plenty of beefs in his hard-knocks life, but the hugely successful Brooklyn rapper and entrepreneur didn't expect a showdown over his plan to visit Michael Eavis's dairy farm in rural England this weekend. The farm is currently surrounded by the vast, temporary canvas city known as the Glastonbury Festival, a massive outdoor music and performing arts festival which the 72-year-old Eavis has hosted since 1970. Jay-Z, Amy Winehouse, Leonard Cohen, Kings of Leon, Jimmy Cliff, Manu Chao, Fatboy Slim and hundreds of other acts will perform on over a dozen stages starting Friday...
...facts show that my hypothesis is completely wrong: Visits to online shopping sites are up compared to the previous year. Perhaps the increase could be explained by consumer price sensitivity. In the same University of Michigan Consumer Index report, consumers expect an inflation rate of 5.6% over the next 12 months. Here's a new hypothesis: when economic times get tough, online shopping sites become an important tool to help consumers find the best price on potential purchases...
...Everglades has been under siege for more than a century, in part because it doesn't look the way people expect environmental treasures to look. "To put it crudely," wrote Everglades National Park's first superintendent, Daniel Beard, "there is nothing in the Everglades that would make Mr. Johnnie Q. Public suck in his breath." If Crist can reverse the flow of history and help the Everglades flow again, that really would be a breathtaking change...
...That reticence is a big mistake, Forrester says, because the growth in online sales shows no signs of easing. In Europe alone, total online sales should rocket 63% from an estimated $246 billion this year, to $401 billion in 2011, it predicts. In the U.S., total sales are expected to soar 93% from last year to $335 billion in 2012. Premium brand companies that are selling online expect their total sales to jump 111% within five years, by which point they will account for 22% of total sales. And selling on the web can help boost a company's brick...
...Still, they're not adverse to a bit of pampering. When they're paying big bucks, they expect topnotch, personalized service with every click. That's why British retailers Harrods and Fortnum & Mason have almost adopted a concierge service online, Bracewell-Lewis says. Salter expects savvy luxury brands will eventually adopt Web 2.0 technologies, including social networking. For example, fans of a specific brand could connect online with other like-minded, well-heeled folks to chat about their favorite products. Says Salter: "It could become like an exclusive club." Or an online community with a difference: it's gated...