Word: quarters
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Dates: during 2000-2009
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Talbots The specialty clothing retailer, which targets women over 35, has run out of steam over the past year. Talbots' same-store sales were down 13.9% in the third quarter of 2008, and the chain lost $14.8 million during that time. "They look dead in the water," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail-consulting and investment-banking firm...
...less than the state's average. So news of Caterpillar's crisis landed with a painful thud in the city of roughly 113,000, which counts the company as its largest employer. Caterpillar hasn't disclosed how many of its displaced workers live in this region, but about one-quarter of its global workforce is based in Illinois, mostly around Peoria. As light snow fell late Tuesday afternoon, dozens of Caterpillar workers marched out of a company plant on the far edges of the city. Their faces were grim. No one was in the mood to talk. The last time...
...company has reported just one profitable quarter over the past two years. The third quarter of 2008 was devastating: Pier 1 lost $36.9 million, or 41 cents per share, on $300.9 million in revenue. That loss far exceeded analysts' expectation of 26 cents per share. Chukumba says Pier 1 CEO Alex Smith has made some smart moves, like stocking shelves with small items, which consumers are more likely to buy on impulse. "Unfortunately, the macro economic environment more than overshadows that," he says...
...company reported a net loss of $7 million in the third quarter of 2008, compared with earnings of $117 million in the same period in 2007. Still, the company insists that its liquidity remains intact. "We ended the third quarter with $395 million in cash and cash equivalents," says Office Depot spokesman Brian Levine. "While the fourth quarter is not yet closed, we believe that we did not burn cash. It is our intent that we will maintain our liquidity throughout 2009, even under our most conservative projections of the economic environment...
When it's time to join the fun, kit yourself out with a mask from MondoNovo in the Dorsoduro quarter. Every inch of wall space in this grottolike shop is hung with elaborate masks skillfully handpainted in vibrant colors. "The secret of wearing a mask is to invent a personality for yourself and interact with the people around you," says master maskmaker Guerrino Lovato, whose papier-mâché creations were worn by Nicole Kidman in Stanley Kubrick's Eyes Wide Shut. (See pictures of the glitz and glamour at the Venice Film Festival...