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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...
...Roses' Chinese Democracy? After a decade passed without sight or sound of the thing, music fans started cracking the obvious joke: the Chinese will have democracy before record stores get Chinese Democracy. That joke is itself now an antique - record stores! - but we finally have an answer. On Nov. 23, Guns N' Roses will release its fifth album of original material, 17 years after its last. Put another way, Miley Cyrus will soon get to hear the first new Guns N' Roses record of her lifetime. (Listen to Chinese Democracy...
...already a one-man stimulus package for the media (present publication included). Magazines with his face on the cover fly off shelves by the millions. Publishers hawk instant dvds and books. An MSNBC ad invites viewers to "experience the power of change." For one glorious day, Nov. 5, Americans actually wanted to buy a newspaper...
...TIMES OF LONDON, NOV...
RESIGNED Jerry Yang, 40, the Yahoo! co-founder who took over as CEO a year ago, said he would step down Nov. 17. Beset by criticism after Yang rejected a buyout bid from Microsoft, the ailing search company saw its shares jump 8% the day after his announcement...