Word: retailing
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Obama's best shot at winning Pennsylvania, or at least closing the gap, is rallying Democrats in and around Philadelphia and Pittsburgh, the state's two largest cities. So why is he spending so much time in central Pennsylvania? "This is good old-fashioned retail campaigning, with perhaps a feint to surprise and unbalance the Clinton campaign and force her to contest every delegate," said Donald Kettl, a professor of political science at the University of Pennsylvania. "In some of these communities, he's been playing to his base, such as the rally at Penn State. However, he's also...
...turned out to be an idea that worked for them. Their new offices in lower Manhattan are stuffed with models for real projects, not propositions?numerous condos, two retail commissions in Beijing, the master plan for an entire city in India, a classroom building at the Fashion Institute of Technology in New York City and a partnership with the firm of eminent British architect Richard Rogers and landscape designer Ken Smith to weave esplanades, greenery and pavilions into a two-mile (3 km) stretch of waterfront along Manhattan's Lower East Side...
...money-spinning discs, either. More mature music fans might still pay up for a CD; some 2 million people outside North America bought last fall's Long Road out of Eden, for instance, the first studio album from the Eagles in decades. But supermarket muscle has driven down the retail price of compact discs. The only U.S. store selling that Eagles CD was Wal-Mart, for the bargain price of $11.88. The average price of a CD in Europe dropped by 4% between 2003 and 2006, according to PricewaterhouseCoopers. One way to maintain price levels is to offer deluxe products...
...PetSmart: Women might scale back their own fashion purchases, but that doesn't mean they're going to let their dogs down. Just ask Leona Helmsley's pooch Trouble, who earned a $12 million trust fund when her owner died last year. WSL Strategic Retail's survey found a net gain of 28 percentage points between those spending more on their pets versus those spending less compared to 2006. In their 2008 study only two categories out of 17 showed significant spending increases among women and men: food and pet supplies. Owners are frequenting pet specialty boutiques or picking...
...black suit and black shirt is tonight's ringmaster: Bruno Sälzer, 50, chairman and CEO of a company founded in 1923 not far from this field. Back then, it was a small sewing outfit helmed by a guy called Hugo Boss. Today Hugo Boss AG has a retail value of $6.5 billion and?for 2006, the year of the most recent declared figures?net sales of $1.97 billion with a net profit of $170 million. It also has 9,385 full-time employees, not to mention those working for subsidiaries around the world, many of whom have flown...