Word: holidays
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...Catholic Student Association, also drew members from Harvard Baha’i Association, the Latter-day Saints Student Association, the Harvard College Buddhist Community, and the Harvard Islamic Society. Chef Brian’s kosher vegetable stuffing was a favorite among diners, who also chose from an array of holiday staples like butternut squash, mashed potatoes, and cranberry sauce. One student, Kamille C. Washington ’10, said that she especially appreciated that kosher foods tend to be more organic. Abby E. Schiff ’11, Matthew P. Cavedon ’11, and Sarah J. Hallett...
...store as people pay it off little by little, interest-free. No credit card required. Tired of dry-cleaning bills? Ann Taylor Loft promotes the fact that most of its clothes are now washable. And if you suffer buyer's remorse, more than half of retailers say their holiday return policies will be more lenient than usual, up from 35% who said so last year, according to NRF's return-fraud survey...
Adding to the pressure on retailers is a shorter window to shop and a suddenly thrift-minded shopper. Black Friday--when the holiday shopping season traditionally begins, the day after Thanksgiving--falls on Nov. 28, far later than usual. Compared with last year, stores now have five fewer shopping days and one less weekend between Thanksgiving and Christmas. Looming layoffs and tightening credit have crushed consumer confidence, making shoppers more discerning than ever. Before buying a gift, 71% of shoppers ask themselves, Is this a smart use of my money? according to an October survey on how America shops, conducted...
That's bad news for retailers, which traditionally get up to 40% of their annual revenue from holiday shopping. Still, there are some bright spots. The Internet should outdo the sidewalk: online retail sales this holiday season are expected to grow 12% over last year, to $44 billion, predicts Forrester Research. And discount chains like TJ Maxx, Wal-Mart, Costco and BJ's Wholesale Club should see strong sales as they hammer away at prices. BJ's third-quarter merchandise comparable sales were up 7% vs. 2007's. "Our position is serving us well in this economic environment," says Laura...
...making their number," he says. "They have to sell enough to pay the electric bill." Likewise, retailers are ratcheting down staffing. College kids might have to look for jobs outside the retail sector to generate extra Christmas cash. Best Buy is bringing in 16,000 to 20,000 holiday hires this season, down from 26,000 in 2007. (The good news for hopeful or clueless males: Victoria's Secret and Toys "R" Us say they'll keep last year's levels to ensure top-notch service...