Word: profitted
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Dates: during 1980-1989
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TAKE-OVER artists have paid record fees to gobble up major Boston department store chains in the last year, citing profit opportunities in the New England market. Then the Coop entered the fray by opening stores on some of the highest-priced real estate in the city (Kendall Square, Longwood Ave., and Federal Street) and expecting to cash in on the market. But the Coop lacked any gimmick to attract shoppers other than high prices and a socialist-sounding name...
There's the heart of the problem. The Coop has wandered from it original mission, proclaimed by its motto "Serving the Academic Community Since 1882," and has tried to sell in the high-profit, highly competitive Boston retail market, for which the Coop is ill-suited. The Coop caters mainly to student needs and should not try to outdo department stores that serve a broader community. Students and faculty have funded the Coop's expensive ventures in the form of lower rebates...
...billion last February partly because the crash had depressed its stock price. Since then, Bilzerian has sold off eight of Singer's twelve divisions for a total of $1.94 billion, more than enough to cover all his costs. In the end, he is expected to reap a $300 million profit. The Government is investigating his earlier raids for possible securities-law violations, which he denies having committed...
Inevitably, some people fear that all this profit cannot come without a loss. The paradox of beauty is that it will not be left alone; it begs, almost, to be compromised, homogenized, packaged or roughed up. And Thailand has certainly been industrious in marketing its smiles. By now, 77 companies offer hill-tribe treks in Chiangmai alone, and Pattaya, a quiet fishing village just two decades ago, is a bloated red-light area studded with 256 hotels. Indeed, the metaphor of selling out is given flesh by the embarrassing statistics of Thailand's sex trade: perhaps 250,000 women...
...property is managed by Harvard Real Estate, Inc. (HRE)--a for-profit wing of the University that owns and manages many University buildings, including Memorial Hall...