Word: retailing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...fear of the disease has already outpaced officials' warnings. Tens of thousands of Hong Kong residents venture outdoors only with their faces covered with surgical masks. Airlines have canceled flights in and out of China and Southeast Asia, and financial losses from reductions in tourism, retail spending and other business activity could reach billions of dollars. Schools were closed across affected regions, and last week authorities in Hong Kong forced 240 people from the hard-hit Amoy Gardens apartment complex into quarantine camps outside the city. In Canada, hospitals have closed to control the disease's spread, and health officials...
...bound to see rapper Nelly in a bright orange Spirits of St. Louis jersey (the basketball team folded in 1976) or Tampa Bay Buccaneers football star Warren Sapp in a Kelly green, early 1980s Philadelphia Eagles getup. (Sapp wore a series of M&N throwbacks--which retail for $250 to $470--throughout Super Bowl week.) Lebron James, the nation's top high school basketball player, got suspended in late January for accepting two throwbacks as gifts. Boosted by such celebrity consumers, sales for family-owned M&N have jumped from $2.8 million in 2000 to $25 million last year, amid...
Harley saved his profits to buy classic jerseys from M&N's sole retail store downtown. (The company still has only one store, a popular destination for NBA stars when their teams are playing in Philly. Most of M&N's business involves wholesaling jerseys to 220 retailers around the country.) Back in West Philly, everyone would ask Harley where he got his Hank Aaron jersey, but Harley would not tell. "I loved them so much, I just wanted them as my own," he says. "But just seeing a cat's reaction, I knew this could really catch...
...hard to see why it's crucial to halt the spread of SARS, and not just for health reasons. The economic toll could be devastating. Some economists predict that the hit to Hong Kong's travel and retail sectors will drag the city's 2003 GDP-growth rate down by one-fifth or more, a loss of more than $1 billion. Last week Stephen Roach, chief economist for Morgan Stanley, said SARS is "just another nail in the coffin" for the global economy, which is already stumbling from the Iraq war. He predicts a worldwide recession will begin this year...
Would local houses be selling in the $500,000 to $1,000,000 range if not for Harvard? Would Abercrombie and Fitch, et al. be paying astoundingly high rents for retail space in Harvard Square if not for all the students and tourists the University attracts...