Word: maying
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Shoppers who wait too long could be left empty-handed as reduced inventory levels will mean fewer sizes, colors and selections of items. "That baby-blue cashmere sweater in medium may not be there on Dec. 24," says Richard Jaffe, managing director at Stifel Nicolaus...
...will come down to a game of chicken, in which consumers face off with retailers over price to see who blinks first, says AlixPartners' Eshelman. But with inventories significantly lower, the desperate markdowns may never happen. "Retailers are focused much more on profitability than on sales growth," he says. "So I think retailers have a better chance of winning that game of chicken this year than in years past...
...inquiry into the war - the most sweeping to be undertaken by any nation involved in the invasion - may finally help Britain put the conflict to rest. The so-called Iraq inquiry is nominally charged with suggesting how to avoid making mistakes in future conflicts, but many Brits believe it has the potential to evolve into a sort of truth and reconciliation commission. Although legally nonbinding, the inquiry will over the course of the next 18 months focus on three of the most contentious aspects of the war: the circumstances surrounding the flawed intelligence-gathering that led to the conflict...
...narrowly focused and timid in their criticism of the country's leadership. By taking a wide scope and examining almost every aspect of the war, from Britain's pre-Sept. 11 policies on Iraq to the end of British combat operations in April of this year, the Iraq inquiry may offer a definitive portrait of the problems associated with the invasion. (See a month-by-month review of the Iraq...
...inquiry may not publish its findings until 2011. But to the Brits for whom the failures of the Iraq war remain a stain on the nation, a full accounting can wait as long as needed. The liberal Guardian newspaper said the inquiry has the potential to "heal the wounds of war." "The primary aim of the probe," the paper's editorial page declared Monday, "must be to promote the reconciliation of the public with a political class which misled it so badly." Until then, the debate will undoubtedly continue...