Word: pricing
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...Eckert is now paying the price for his candor. Mattel needs China just as much as China needs Mattel, and it cannot afford to jeopardize its relationship with the country that produces 65% of its toys. In a global public relations campaign, Chinese officials have emphasized that the country does have strong safety standards, and that problems at a few companies shouldn't be used to paint the whole country's products as unsafe. Even well-regarded Chinese companies with no link to toys or any hint of safety problems, such as brewer Tsingtao and appliance maker Haier, could suffer...
...department store with 250,000 sq. ft. (about 23,000 sq m) can leverage its large size to get deep discounts on volume purchases. Lord & Taylor's petite 120,000 sq. ft. (11,000 sq m, aside from its New York store) made it tough to compete on promotions, price or depth of merchandise. So Elfers went smaller. In 2003 she closed 32 underperforming stores and then six more before the company's 2006 sale, placing the brand in higher-end markets. The profitable East Coast, Chicago and Detroit stores remained because of their similar climate and customer profiles...
...YORK CITY Just Cavalli Check out Roberto Cavalli's diffusion line at his new Fifth Avenue flagship, where the Italian designer's sexy fare can be had for a more affordable price...
...Price paid at auction for the pink dress Audrey Hepburn wore in Breakfast at Tiffany...
...Iran's leaders may well be holding out for the sort of "grand bargain" that appears to underlie the recent deal with North Korea, where part of the price for denuclearization was tacit security guarantees for its regime. That's an option the current debate suggests is unlikely to be embraced the Bush Administration in the case of Iran. But if President Bush plans to put a stop to Iran's nuclear program by any means necessary before he leaves office, the sense of crisis will have to be sharply escalated in order to convince a war-weary American public...