Word: retailing
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...like Putin and I live in two different countries. The government estimates 2001 inflation at 18.6%. But the real costs of living have gone far beyond that. As of the beginning of this year, prices started climbing further. The monthly rate for home telephones has gone up by 15%. Retail prices for print media and books are expected to go up by 50 to 60%. Railway tickets have gone up by 30%. Air fares are going up by at least 12%. Food prices are skyrocketing...
More important, 2001 was the year clicks-and-bricks retailers learned that e-commerce is not just about how much you can sell online. Wise use of the Web can help make your entire operation more efficient by lowering marketing costs, allowing for more targeted advertising and providing self-help (i.e., cheap) customer service, says Lisa Allen, research director of the retail group at Forrester Research. She adds that "websites can also help generate off-line sales, where, no matter how you cut it, the bulk of retail will continue to be transacted...
Injecting some testosterone into his Retail Brand Alliance holding company (which includes such women's chains as Casual Corner and Petite Sophisticate), del Vecchio bought the venerable if fraying male clothier Brooks Brothers. After years of working for the eyewear conglomerate Luxottica, founded by his father, del Vecchio, 44, is asserting his own style...
...community plan includes measures to widen Allston’s two largest streets —Western Ave. and North Harvard St.—and transform them into pedestrian-friendly boulevards lined with trees, benches, and retail stores. At the intersection of the two streets—currently home to a gas station, Dunkin’ Donuts, industrial lots, and the low-income housing Charles View Apartments complex—the plan proposes a new “Allston Square,” a commercial center similar to Harvard Square that will serve as a transition between Harvard?...
...would like to see people get together to build a better Central Square. I don’t think Central Square should be all fast food restaurants, ethnic restaurants...I want to see more varied goods and services. We seem to get the same retail stores, and they’re not relevant to the various residents of Central Square...