Word: retailing
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Vultaggio does have reason to brag: his brand dominated 2005, a year in which Coke and Pepsi fizzled. "Arizona went nuts," says Jeffrey Klineman, editor of Beverage Spectrum magazine, a trade publication. According to Beverage Digest, Arizona topped the retail iced-tea market in 2005, taking a 32.3% market share in supermarkets, convenience stores and drugstores and picking up more business than any other brand. Arizona's annual sales in major retail-distribution channels topped $417 million, according to Information Resources. The company says its total sales, including Wal-Mart and all the hundreds of tiny corner bodegas that sell...
...masterplan features five towers that together comprise 11.7 million square feet of office space and 600,000 square feet slated for retail. The centerpiece is supposed to be the 1,776-ft. Freedom Tower, estimated to cost $2.3 billion. But beyond the specifics, the WTC is supposed to invigorate New York's downtown real estate market. A new commuter train station, with a well-received design by Santiago Calatrava, is under construction, and New York Governor George Pataki has proposed a second commuter rail from JFK international airport...
...wages are one-tenth of those in Italy. And he has put a relentless focus on making his own branded products rather than manufacturing for other companies. In 1997, 35% of the firm's output was of no-name furniture; today it's 1.5%. The firm's 12,000 retail clients include such marquee names as Bloomingdale...
...have believed for a while that there was a market for good working conditions out there, and this was just a case of consumers not having enough information. We supplied the information, and they responded,” Smyth wrote in an e-mail. Hiscox and Smyth asked many retail stores in Harvard Square and Boston to participate in the social labeling experiment. Many feared calling attention to labor issues in their stores and declined, according to the study. —Staff writer Adrian J. Smith can be reached at smith9@fas.harvard.edu...
...designers like Reed Krakoff of Coach, where handbags make up almost 65% of the business and a single style can bring in more than $40 million in global retail sales a year. For Krakoff there is an intricate system that produces every handbag, and it involves getting three things right: price, fashion and fabrication. "If we create a handbag that everyone wants and then they also say, 'Great price,' then we've hit on something," says Krakoff, whose office is decorated with inspiration boards that include photos of a Noguchi sculpture, a Marc Newson sketch and a swatch of gray...