Word: retailing
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Dates: during 1990-1999
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...consider Bush's to be stifling in its sameness. To differing degrees, both candidates have proposed more spending and incentives for infrastructure and technology, which has boosted some stocks in those categories. But the overall market will probably stay in a holding pattern until Nov. 3, says Roger Servison, retail-group president at Fidelity Investments. Says he: "There's a lot of pent-up demand building out there...
...bring home a mortgage and a couple of shares of AT&T? As unlikely a shopping trip as that might seem, it was the scenario on which Sears, Roebuck & Co. built its 1980s growth strategy to turn the nation's prototype "Big Store" into one of the largest retail companies on earth. A decade later, the retailer's executives at the landmark Sears Tower corporate headquarters in downtown Chicago have admitted defeat. In one of the most painful setbacks in its 106- year history, Sears announced that it would soon begin dismantling its $57 billion financial and merchandising empire...
...humiliating irony for the company that invented such American-style trademarks as national merchandising, catalog shopping and even store-wide sales was that it was better at selling stocks, bonds, credit cards and insurance policies than it was at satisfying its core retail customers. Such financial ventures as its Coldwell Banker real estate unit, Allstate Insurance, Discover credit cards and Dean Witter are currently generating 90% of Sears' earnings, while income from its 860 retail stores has declined 33% this year. Rather than help Sears' growth, most analysts believe, the financial units only subsidized its failure to compete during...
...retail complex, "Shops By Harvard," plans to draw students with a more "cozy" atmosphere, according to Kristin S. Demong, president of Harvard Real Estate...
This is an excellent opportunity for seniors and recent alumni to explore the range of training programs in advertising, management, consulting, manufacturing, investment banking, communications, public service, retail, sales, teaching and many other industries. Now is your chance to find out what positions are available with which companies. Put the rumors to rest and speak first hand with company representatives. Take the opportunity to discuss their company, the competition, and the industry...