Word: foundering
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...economics alone can't explain this protectionism. To cut expenses, consumers are going out less, a phenomenon retail analysts call cocooning. Among couples, cocooning can lead to canoodling, which can lead to ... recreation. "People are spending a lot less on entertainment," says Rick Shea, a branding expert and founder of Shea Marketing Consulting. "And 'that,' for the most part, is free." (See pictures of Americans in their homes...
With the release today of Apple's "smallest iPod Shuffle ever," the pioneering tech bellwether continues to wean us off its charismatic founder, Steve Jobs. Until recently, the new Shuffle would have been unveiled as an appetizer during a bigger media banquet - one of those wonderful little trinkets that Jobs would show off at the start of, say, a Macworld conference...
...solve this problem, May and his co-founder Michael Segal ’09 have worked hard to prepare the new co-presidents, Kosslyn and Tommy R. Li ’10, for their leadership roles. The establishment of an executive board, a wide variety of sponsored events, and a developing comp process indicate that HCEF should be well-equipped to sustain its existence...
...decline. Some eateries said that diners have been spending less on average while regulars have been dropping in less frequently. But on weekends, restaurants are still packed—and alcohol sales have been resilient.The key to riding out the recession, according Paul D. Consorti, president and co-founder of Finale, is flexibility, something which Square restaurants have demonstrated by offering specials and extra attentive service.CASE BY CASE BASISBut despite their concerted efforts, Square restaurants say the economy has taken its toll on business.“We haven’t been immune,” Consorti said.The recession...
...nearly a hundred people have registered on the site, which depends on a large number of student participants for its taxi cab matching service to be effective. The site is expected to officially launch in the next few days, according to Zachary Z. Smith, co-founder of Get Out of Cambridge...