Word: retail
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Dates: during 2000-2009
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...crippling economic downturn with its mounting job losses and frozen credit markets has extended far beyond mainstream America, hitting high-end consumers in their Gucci pocketbooks. "This is one of the worst financial crises of our time, and [luxury] has been one of the hardest hit markets for retailers," said Monica Aggarwal, a director in Fitch Ratings Retail Group...
...approving the project—the stipulated community input period comes to a close next month, and only one public meeting has been held thus far about the most recent plan—Houghton and other neighborhood activists say their concerns about proposed housing density, open spaces, transportation, and retail opportunities can wait no longer. And as is common during planning discussions in Allston, blame quickly shifted to Harvard as well. “Harvard University has been completely recalcitrant,” said local resident Brent Whelan. Like some other critics of the current plan, he said the proposal?...
...York Cheating the Poorest Low-income workers regularly earn less than minimum wage and are often denied proper overtime pay, according to one of the largest recent studies of wage-law violations. Interviews with nearly 4,400 people in sectors such as retail and child care found that on average, workers did not receive 15% of their rightful pay. Employees injured on the job also reported widespread pressure not to file for workers' compensation...
...major banks like Goldman Sachs, and the now defunct Lehman Brothers. A sea of bodies, clad in dress-for-success garb navigated the five industry “neighborhoods,” including representatives from “science and tech,” “marketing, media, retail, and entertainment,” and “government, nonprofit, and education.” OCS Director Robin Mount said she was “thrilled” with the number of employers who registered this year despite the recession. “Harvard students are smart, great...
...with big-ticket IPOs like those of Adani Power and National Hydro Electric Power Corp. falling below their launch prices last week, and smaller entrants like Excel Infoways and Mahindra Holidays and Resorts continuing to trade below listing prices, retail investors are turning wary. The latest IPO, that of state-run Oil India which closed Sept. 10, saw a relatively muted retail response, say investment bankers, with most of the interest coming from institutional buyers. "We've invested very selectively in the companies that have come to markets post elections," says Sukumar Rajah, chief investment officer at Franklin Templeton Mutual...