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Dates: during 2000-2009
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While Bed Bath & Beyond's success bodes well for the state of the economy, some analysts warn against reading too much into the company's results. After all, the recession put the company's main competitor, Linens 'n Things, out of business. Linens 'n Things sold similar merchandise in similar markets as Bed Bath & Beyond. So it may just be a lack of competition, rather than a surge in purchasing power, driving Bed Bath & Beyond's positive results. "Consumer spending is wrecked indefinitely," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail investment banking and consulting firm based...
...Ahmed N. Mabruk ’11, a Crimson news writer, is a history concentrator in Mather House...
...Staff writer William N. White can be reached at wwhite@fas.harvard.edu...
...Buenos Aires congressional slate lost to the more conservative opposition party, Union-Pro, he still gets a seat in the Chamber of Deputies because of proportional-voting rules. But Union-Pro leader and billionaire businessman Francisco de Narváez told the Buenos Aires daily La Nación that Kirchner "needs to step aside and let his wife be the nation's President and build some space for consensus." The President, he said, needs to read "these election results well." Other Latin Presidents should...
...Corrales is quick to note that the region's trend toward "superpresidencies," which includes conservative leaders like Colombian President Alvaro Uribe, "is far from over." But Fernández - who does little to discourage comparisons to Eva Perón, the glamorous and powerful Argentine First Lady of the 1940s and '50s known as Evita - has had her clout both at home and abroad diminished to the point that Argentine pundits are even discussing whether she might soon resign. While that's unlikely, the rest of her term promises to be a slog, and her husband's widely discussed plans...