Word: retailing
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Dates: during 2000-2009
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...paramount issue,' says Thomas J. Coyne Jr., mayor of Brook Park, Ohio. 'The bottom line is, How do we save the most money for the customers?' Green Mountain beat competitors by 1% to 3%; the buyers' aggregate allowed the company to reduce marketing costs and therefore the retail price...
...given a little credence, it becomes clear that the students bemoaning the loss of Kozmo are grieving for more than the good ol’ days of lethargy and caloric indulgence. Students are grieving for something that has become anomaly in the Harvard Square of late—a retail establishment that seems to genuinely care for their needs, lifestyle and desires...
...PacSun skater gear to spike-haired boys who hang in the pit and A&F posters to pre-pubescent girls on their way home from CRLS. High rents and corporate expansions have effaced a once student friendly neighborhood, replacing locally owned businesses loyal to the College crowd, with impersonal retail chains, office space and, as if they were needed, more banks...
...this environment, Kozmo was a godsend—a retail establishment that provided greater selection and higher quality food than the few late-night eateries in the Square, that arrived on spot with laundry detergent several hours after CVS had dimmed the lights, and that rescued boring evenings with the most recent Oscar winning flicks long after VideoPros had called it a day. Kozmo was loved because it met students’ needs on students’ schedules, because it was the Harvard Square that Harvard Square...
...Which must mean that when Alan Greenspan phoned in a 50-basis-point cut in the federal funds rate, he was worried about the economy and only the economy. Advancing unemployment. Declining retail sales, housing starts, and consumer confidence. An economy that wasn't in recession yet, as far as anybody knew, but that was bouncing around near zero growth and definitely in danger of getting dragged below sea level by increasingly pessimistic consumers...