Word: retailing
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...fashion world just got a whole lot better--literally. "Better" is a retail-fashion term that describes clothing lines that are not as expensive as designer collections--by implication, those would be the "best"--and are affordable for most middle-class consumers. This year has seen an influx into this market, allowing regular folks who like flipping through fashion magazines to finally live out some of their glossy daydreams. Retailers are carrying debut collections in this category from Tommy Hilfiger, Michael Kors and Calvin Klein, and new lines from historical better providers Liz Claiborne and Jones New York. "Better...
It’s not uncommon for a t-shirt to shrink, but Urban Outfitter’s “Voting is for Old People” t-shirt turned into a novelty item yesterday when the retail chain yanked it from their shelves...
...suits, says influential New York City tailor Thom Browne, the skinny leg is in. Designers like Dolce & Gabbana and Ralph Lauren are waving goodbye to the slouchy, oversized look; it's hello to pencil-thin suits straight out of a 1960s movie. Even at mass-market retail stores like H&M and Gap, the new style for spring is narrow jeans cropped at the ankle. The move toward the straight and narrow was launched in large part by Browne, 38, who favors what he calls the Congressman suit?the lean look favored by John Kennedy when he was a junior...
...look at our system," boasts Matthew Rose, BNSF's chairman, president and CEO. They marvel, he says, at technological innovations like BNSF's intermodal transport system, which moves containers from faraway ports to inland rail yards, where cranes can quickly off-load them for trucks to deliver to retail warehouses. BNSF, which handles one-fourth of the nation's rail freight, posted double-digit increases in its intermodal business in 2003, with revenues up nearly 11% and total cars up 12.6%, to 4 million...
...trouble with Homo economicus is that he has really very little to do with his emotional, dim-witted half brother Homo sapiens, who bought Petsmart.com on a hunch. It's difficult to imagine Homo economicus upset and off to the mall for some "retail therapy." He doesn't make impulse buys. And he doesn't always know or care what he wants, let alone what he can afford. "The bursting of the Internet bubble may have been the final nail in the coffin of the efficient-market hypothesis," says Richard Thaler, a professor at the University of Chicago...