Word: retailing
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...waiting for a market shakeout. California-based AuctionDrop, one of the biggest operations in the U.S., recently closed four of its five stores, shifting focus to drop-off points inside parcel-courier UPS' stores. That might not be the best move, says Scott H. Kessler, an Internet retail equity analyst at Standard & Poor's in New York City, suggesting that UPS employees "don't really know a heck of a lot about the AuctionDrop service." Regardless of who's running it, the eBay drop-off business is in Europe to stay. Satisfied with her regular forays into the eBay world...
...story: boy meets girl, girl turns out to be his mother, boy kills father. Sophocles told it 2,400 years ago, as have many authors since. But few have tackled the Oedipal tale with as much wit, verve and retail success as Japan's Haruki Murakami has in Kafka on the Shore. The book sold 550,000 copies in its first month on his home soil in 2002, inspiring a sequel comprised of selections from the 8,870 e-mail critiques Murakami received and his 1,220 replies. Kafka has become a best seller in Germany, South Korea and China...
...Square lost its last late-night diner when the Tasty—the 24-hour eatery featured in the film “Good Will Hunting”—closed in 1997 for renovations to its building and never reopened, as retail space prices around Harvard rocketed...
...cutting lines of goods. As for job cuts, the plan calls for eliminating a relatively small number--6,000 of the combined firm's 140,000 employees worldwide. That won't save billions. Another argument from deal enthusiasts: the merger will give the firms greater bargaining clout with big retail chains. "This is a response to the Wal-Martization of America," says Joseph Altobello, an analyst at CIBC World Markets. A similar case is made regarding advertising purchases--that together the brand-swollen behemoth will be able to wring more favorable terms for ads. Yet P&G and Gillette were...
...story: boy meets girl, girl turns out to be his mother, boy kills father. Sophocles told it 2,400 years ago, as have many authors since. But few have tackled the Oedipal tale with as much wit, verve and retail success as Japan's Haruki Murakami has in Kafka on the Shore. The book sold 550,000 copies in its first month on his home soil in 2002, inspiring a sequel comprised of selections from the 8,870 e-mail critiques Murakami received and his 1,220 replies. Kafka has become a best seller in Germany, South Korea and China...