Word: retailing
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...only 8:45 a.m., but the storefront is already busy. Men and women in jeans, baseball hats and leather jackets keep the tinted door swinging open and closed. But this is not a retail outlet. It's a pain-management clinic. The people have come for pills...
...realizes the government was left with few options for a crisis of this magnitude. But the salary cuts and taxes are starting to bite, and that's souring the mood. Greeks are feeling poor - again - and cutting back their spending. According to the National Confederation of Greek Commerce, retail sales are down 15% to 20% so far this year. Support for the government could soon begin to dissolve too. (See why Greece's debt crisis threatens the euro...
...Freddie Mac. Industry-wise, tobacco again claimed the worst reputation; last year it shared that honor with financial services, which this year held the second worst reputation. Third worst was insurance. At the top end of the industry-reputation list were technology, travel and tourism, and retail...
Indeed, evidence of property oversupply is everywhere. In Beijing, vast swaths of commercial space sit vacant - including floors of retail space right next to the iconic Water Cube, the 2008 Olympics swimming venue. (See pictures of the best-selling cars in China...
...down the post of head of the bank's card division. Lewis even had a press release drafted announcing Moynihan's departure. The bank's board of directors, however, convinced Lewis to keep Moynihan, who was made the bank's chief legal officer and then the head of its retail operations before becoming CEO. (See the top 10 bankruptcies...