Word: penney
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...Massachusetts Institute of Technology, a team of researchers is working on a "hypersoap" that could revolutionize the way we shop. It takes the idea of TV product placement to its absolute extreme. Touch any item on the screen around the actors and you get product info. Necklace: J.C. Penney, $35. Tissue: Kleenex, $1.99. Book: Being Digital by Nicholas Negroponte, $25. You can't get any more interactive than that. These people are creating the future, but will the future show...
Slumping consumer confidence and declining retail sales have already taken a job toll. At Southern University, a traditionally black school in Baton Rouge, La., retailers J.C. Penney and Mervyn's have cut their interviews by two-thirds. "The options for students are becoming more limited," says Kris Tiefenthaler, the director for college relations at Sears Roebuck. But retailers have high churn rates, so Sears--which recently announced store closings and layoffs--is sticking to plans to hire 200 new grads this year...
...good to them. Even before a single retail site burst online, America had too many retail stores. By 2000, it also had too many e-tail stores. Result: shuttered sites, struggling shops and shredded profits across the sector. Poor performance by such companies as the Gap, Nordstrom and J.C. Penney added to the dotcom carnage in the stock market. And new worries that consumer spending is slowing, presaging a recession, have made this Christmas the most critical in years...
...Which brings us to the biggest storm cloud out there: The economy, is she slowing too fast? Formerly high-flying retailers - Gap, J.C. Penney, Target, Home Depot, and Wal-Mart (yes, Wal-Mart) - have been getting downgraded by analysts and dumped by investors, as profit warning after profit warning comes out. When this consumer-driven economy cools, it's the malls that feel the pain first...
...roller skating rinks, Emmy says that she is still often typecast as the short, cute 17-year-old. Despite some disappointment from agents that she is not six feet tall, Emmy has never let anything hold her back. At an event earlier this year to model formalwear for J.C. Penney, Emmy was once again placed into the teen-queen mold. iOther models my age, all of whom were taller, got to wear college-age cocktail dresses,i she remembers. iI got stuck in the prom and homecoming wear. I felt better when my eescorti model told me he played football...