Word: retailing
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Dates: during 2000-2009
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When surgeon, lecturer and author Sharad Paul first approached Auckland's prestigious Rialto Centre to rent space for a café-bookshop, the managers were far from convinced. Renting to someone with no retail or catering experience seemed unduly risky. But after a year of persistence and persuasion, Paul's vision finally won them over, and the result is Baci Lounge (a name derived from "books, art, coffee inc."), www.baci.co.nz. The fashionably designed space is now a hub for Auckland's literati - a place to shop for unusual reading and to enjoy good wine, food and coffee (the latter given...
Crista Martin, director for marketing and communications for Harvard University Dining Services, said that Crimson Cash would still be accessed through the swipe portion of HUID cards in residential dining halls and retail locations such as The Greenhouse Caf?...
...Vegas, New Orleans and Washington, D.C. Thus far, there has been no outcry from officials in those cities. That may reflect their knowledge that gay tourists spend some $65 billion in the U.S. annually. "It's a tremendous market to tap into," says Matthew DeGuire of Travel Unlimited, a retail travel agency in Columbia, South Carolina. "Most gay households are two-income families with no kids, and they have a lot more disposable income than a typical household." Indeed, a recent marketing survey found that 97% of American gay men and women took vacation in the past year, compared...
...title-by-title basis, of the 130,000 titles available on Kindle and in physical form, Kindle sales now make up over 12% of sales for those titles." Amazon is notoriously tight lipped about sales data, and the new line of business that the Kindle represents for the online retail powerhouse has been especially frustrating for analysts and media to parse. At a technology trade conference in May, CEO Jeff Bezos said that Kindle sales accounted for 6% of book titles sold for the Kindle and in print. So Amazon appears to be selling more e-books...
Consumers: The Party's Over Oxford Street, London's busiest retail area, is still teeming with shoppers hunting for end-of-season sales bargains, but the store owners are anything but happy. Marks & Spencer's stock dropped 25% in a day on July 2 after the firm issued a profit warning. At privately owned rival John Lewis, sales in the summer-clearance week at the end of June fell more than 8% compared with the same week in 2007. Patrick Lewis, who heads the company's retail operations, said the market "has certainly got an edge tougher...