Word: gap
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...billion season for dot-commerce. But that about does it for retail celebrations. Federated Department Stores Inc., of Macy's and Bloomingdale's fame, said December sales would fall short of its original forecasts, and the forecasts weren't that high to start with. Specialty stores like Gap and Banana Republic are disappointed. And if you want to know what PC sales have been like, check the NASDAQ...
...holiday season, sales at specialty stores in malls were down nearly 10% from a year ago, according to the International Council of Shopping Centers. Sears has moved its after-Christmas sale to the week before, urging shoppers that this is "no time to fool around." Everyone from the Gap and Victoria's Secret to Circuit City, Wal-Mart and Home Depot is feeling the pain. Even online shopping isn't growing as fast as expected. Last week eToys announced its sales were lower than expected and it may run out of money in the spring. "For the consumer," says Richard...
JUNIOR FIX-ITS Children as young as eight are replacing parents as the modern household's repair experts. New surveys show that the technological generation gap between adults who grew up with simpler appliances and the e-generation of computer-game-literate kids has grown to the point where three out of four parents admit that they depend on their children to program new phones and stop VCR clocks from blinking...
This year, Gusmorino and Lee demonstrated that campaign organization and turning out the voters can fill the gap in vote-getting that endorsements seem to produce...
...demise of Cats, the soon-to-be-missing Miss Saigon and the lack of any new hits from Andrew Lloyd Webber or the Les Miz team in years, the era of the Brit-generated mega-musical seems all but over. Happily, straight plays seem to be filling the gap. Demanding dramas like Michael Frayn's Copenhagen have become unlikely Broadway hits, while the Manhattan Theatre Club, an off-Broadway stalwart, successfully transferred two strong works, Proof and The Tale of the Allergist's Wife, to the main drag this fall. With regional theaters thriving and even Las Vegas playing host...