Word: retailer
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Dates: during 1990-1999
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...opening of the CambridgeSide Galleria and the construction of three large condominium projects--Thomas Graves Landing, River Court and the Esplanade--have provided additional retail and residential space, she says...
...pricing changes, inventory and customer buying patterns. Battery-powered shelf labels that receive instant price changes via radio transmitter are currently used in 25 Edwards Super Food Stores in Connecticut; more than 40 European stores employ a solar-powered version that receives pricing data via infrared. Several large food retail operators are exploring the use of ``smart cards'' and interactive kiosks to provide shoppers with information and keep track of the buying habits of their regular customers, using the information to adjust inventories and to price and promote products better...
...Cuba's first foreign financial institution, the Dutch ING Bank. British companies are looking into oil exploration--even though France's giant Total has recently pulled out--and Unilever, the British-Dutch giant, produces toiletries and detergents for the domestic Cuban market. Italy's Benetton now boasts five retail stores on the island, and plans three more by the end of 1996, while Japanese automakers Mitsubishi and Nissan are now sold in Havana...
...their wide range of business-roughly fifty percent of sales are from their wholesale business and fifty percent from the retail shop--the bakery is a twenty-four hour operation. Seven bakers currently produce about 1,000 loaves of bread and 1,200 to 1,500 scones per day. The bakery makes over 250 deliveries a week, all before seven in the morning. By this wee hour, the scones are steaming and the coffee is brewing for those who are willing to brave the cold trek...
Growing inventories have plagued retailers too since they stocked up in anticipation of a strong Christmas season. December sales fell 0.1% from the level of November, even though stores slashed prices to lure shoppers. "The most impressive evidence of a slowdown in the economy is the weakness in retail sales," says Lacy Hunt, chief economist for HSBC Securities. "Retailers are terribly overstocked despite the massive discounting." That is partly because rising interest rates have been making it more costly for already overburdened consumers to borrow and spend. Americans took out a hefty $120 billion in new loans last year, increasing...