Word: marketing
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Despite the recession, Halloween is hotter than ever. According to IBISWorld, a market-research firm, Halloween sales will reach a record-breaking $6 billion in 2009, up 4.2% from last year. Retailers from Biloxi, Miss., to Brooklyn, N.Y., are reporting strong Halloween revenue. Over the past four years alone, the Halloween industry - which includes costumes, candy, decorations and greeting cards - has grown a remarkable 48.5%. The holiday even broke sales records in 2008, when the economy was a real horror show. "A year ago, Halloween was all about escaping a crisis," says Toon van Beeck, a senior analyst for IBISWorld...
About two-thirds of American workers now believe they'll have to delay their retirement by at least one year, with 27% expecting to work at least five years longer than planned because of the debilitating economy and stock-market losses, according to a new survey. (See "The Future of Work: The End of Cubicles...
Although the stock market has rallied since March, that doesn't appear to have restored confidence among workers. "It was such a dramatic drop-off in March that even the recovery in the market since then has not fully made up for the losses people have taken in their retirement plans," Thompson says. Also, home values and unemployment have continued to worsen, he notes...
...very proud to say that in the US we are the first company to go to market with this specific approach,” said co-founder and owner Todd Horton. “Cambridge is just an awesome spot to launch a company like this...
...Orientalist exotica among the installations, paintings and other pieces by 18 contemporary artists from across the Middle East and Iran. In fact, "I refuse to work with artists that deal in exoticism" is the proud boast of the show's creator Daniela da Prato. Too often, she says, the market shapes nascent art movements to meet Western tastes (the Chinese avant-garde is a case in point). "Golden Gates," she says, features emerging artists that have "not yet been contaminated by the art market." (See Time.com/Travel for city guides, stories and advice...