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...Crew and Talbots," says Betty Chen, retail analyst at Wedbush Morgan Securities. J. Crew's same-store sales fell 13% in the fourth quarter of 2008. The company lost $13.5 million, compared with a $25 million profit in the fourth quarter of 2007. Talbots has updated its merchandise to fit its repositioning as a younger company. According to Chen, however, the company is too indebted to revamp its musty stores, a big hindrance to its turnaround plans. In an April research report, Brian Tunick, retail analyst at JPMorgan Securities, listed his top 10 myths that "along with the Easter Bunny...

Author: /time Magazine | Title: Can Michelle Obama Save Fashion Retailing? | 5/6/2009 | See Source »

...also important, he says, to create a venue for people of different beliefs to figure out how religion fits into the rest of their lives. "How do we integrate having religious ethics in our modern society? How does faith fit into a secular legal system?" says Brown. "Muslims aren't the only ones with these problems." (Read more about the American phenomenon of church-shopping...

Author: /time Magazine | Title: What Do Religions Believe? A Website with Answers | 5/5/2009 | See Source »

...more unusual wares, like bras and even a long ballroom gown. Some attendees were impressed with the quality of the available merchandise, much of it bearing brand names such as Chinese Laundry, J. Crew, and American Eagle. “I found a pair of Hollister capris that fit me perfectly that would be upwards of $100 in the store,” Anne E. P. Stone ’10 said. The main organizer of this year’s event, Gena M. Haugen ’09, said the brunch was open only to the Harvard community...

Author: By Danielle J. Kolin, CRIMSON STAFF WRITER | Title: Ladies Lunch, Trade Clothes | 5/3/2009 | See Source »

...shortfall, it needs to be constantly seeking ways to cut the budget while preserving vital programs. At a point when core academic facets such as faculty hiring are being sacrificed, it seems reasonable to limit features more tangential to the academic experience. Indoor athletic facilities during the summer certainly fit this description. The ready availability of Stairmasters and treadmills was undoubtedly not the first thing on students’ minds when they decided to come to Harvard. Their temporary loss may be lamented as an inconvenience, but it will not harm the caliber of their education...

Author: By The Crimson Staff | Title: Summer Without the MAC | 5/3/2009 | See Source »

Plus, these clunky reggaeton-rockin' menaces don't fit the sleek, cosmopolitan image of today's Panama City, which now has First World aspirations. After several years of unparalleled economic growth and construction, it wants a modern transportation system to fit its sophisticated and worldly ambitions. But getting rid of the second-hand busses has become one of the trickiest parts of Panama City's extreme makeover - and now a central issue in the May 3 presidential elections. "All modern cities have a metro system," said presidential frontrunner Ricardo Martinelli, during a recent speech to the city's top business...

Author: /time Magazine | Title: Panama City Tries to Exorcise Its Red Devils | 5/2/2009 | See Source »

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