Word: retailing
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...market share will have to reconsider their place." The big picture is one of a shrinking market: IDC predicts that global growth will soon vanish as sales flatten in 2009 at 111.1 million cameras, and then begin to sink in 2010. Things look even soggier through the revenue lens. Retail prices will plummet as they always have, especially as consumer-electronics powerhouses like Samsung, Panasonic and BenQ flex their distribution muscles to grab at market share from the other vendors ahead of them - Sony, Kodak, Olympus, Nikon, Fujifilm, HP and Casio - and from leader of the pack Canon. IDC sees...
...disclose the added cost to their energy bill, but to put it in perspective, an average household would have to pay roughly $15 extra per month to replace their energy consumption with wind. For a company that operates resorts in Colorado, California, Nevada, and Wyoming in addition to 125 retail stores nationwide, the difference...
...expanding his portfolio into urban planning. Adjacent to the Gramercy is a 23-unit John Pawson--designed condominium, evidence of Schrager's master plan to combine hotels with full-time residential properties--at $5 million to $10 million apiece. He is about to announce a 10,000-unit residential, retail and hotel complex in Las Vegas, inspired by the Tivoli Gardens, Central Park and a Tuscan town square. In a softening housing market, the Las Vegas project will be a stern test of Schrager's vision. "Everything Ian does has levels of influence," says Ross Klein, president of W Hotels...
...mention more locally--on Wall Street. Marvel stock has leaped to $20 a share, from $1 in 2000. The films it produces with studio partners have grossed $3.6 billion. Licensing deals for its 5,000 characters, including Spider-Man and the X-Men, are worth $5 billion in retail sales. Next year could be even better, with Sony's release of Ghost Rider and Spider...
...short term, the ordinance will hurt the citizens who are most desperate for better choices of retail outlets. In Chicago, Wal-Mart said it would scale back its plans and focus on the inner-ring suburbs. That?s not exactly a plan for the future - it might instead be a game of economic chicken...