Word: households
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...entrepreneurs' starry-eyed projections are correct, by 1986 revenues for the entire industry could top $500 million. Comet, the familiar household cleanser, is sensibly considering an ad campaign based on Halley's. Retailers, ever alert for novelty, have been drawn irresistibly toward an event that occurs only once every 75 years. Declares Owen Ryan, president of General Comet Industries in New York: "It's the celestial version of the Olympics...
After nearly two decades of free-fall decline, are more traditional American values making a comeback? According to a mid-decade report on American household characteristics issued last week by the U.S. Census Bureau, the signals are mixed. While some experts believe that families are stabilizing, the average household size continues to decline and the number of people living alone is up dramatically...
...social legacy of two decades of change will continue to show its effects, demographers say. The older median marriage age translates into fewer children and a diminished demand for schools. The decrease in household size--from an average 3.14 people in 1970 to 2.69 this year--has fueled a prolonged boom in apartment rentals, health clubs and upscale restaurants, and a corresponding, disturbing decline in the national savings rate. The single life is more expensive, notes Economist George Sternlieb of Rutgers University: "There's nobody to share the telephone bill with. With no one to cook at home, singles...
...high price of oil, Russia's key export. Growth exceeded 7% in each of the past two years and is expected to be about 5.5% this year, more than triple the euro-zone average. Many Russians are still poor and live in wretched conditions, but on the whole, household income is up, and especially in big cities like Moscow and St. Petersburg, people are ready to splurge. The spending boom is creating a merger wave in sectors as varied as banking, brewing and confectionery. Alongside the Dixons deal, the huge Belgian beer company InBev is finalizing the last pieces...
...swan the others paddle behind like cygnets. All three women are young and down-to-earth. And everybody wants a piece of them, or in Philo's case, as many pieces - bags, skirts, dresses - as they can afford. But unlike Portman or Jones, Philo is not yet a household name. She is the 31-year-old creative director of the so-venerable-it's-fresh-again French label Chloé. And since 2001, when she took the line over from her former boss, Stella McCartney, her breezy, romantic look has become the uniform of fashion-obsessed celebrities and front...