Word: retailing
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...this recession, there are struggling apparel retailers all across the country. Then there's Abercrombie & Fitch. The upscale teen retailer has suffered 10 straight months of double-digit same-store-sales declines. In the second quarter of 2009 alone, sales were down an eye-popping 30% across the company's three name outlets: the flagship Abercrombie brand, which has 567 stores; Hollister, a 520-store teen chain; and Ruehl, a 29-store chain for young adults that Abercrombie shut down in June. Abercrombie & Fitch lost $26.7 million, which includes $24.4 million in charges associated with the closing of Ruehl...
Last night, residents denounced the new plan for continuing to economically segregate housing, as the more expensive complexes would still be concentrated along the river. More public park land and retail space was needed, they added...
...under almost any circumstances. But these are policy differences, matters of substance. The most liberal members of the Democratic caucus - Senator Russ Feingold in the Senate, Representative Dennis Kucinich in the House, to name two - are honorable public servants who make their arguments based on facts. They don't retail outright lies. Hyperbole and distortion certainly exist on the left, but they are a minor chord in the Democratic Party...
...decent chance it fell into the hands of Albert Gonzalez. The infamous computer hacker was indicted along with two unnamed co-conspirators in a New Jersey court on Aug. 17 for the alleged theft of some 130 million card numbers. The crime is believed to be the largest retail-store theft in U.S. history. Although little is known about Gonzalez's personal life, he has a long history of hacking and has been known to operate on both sides of the law. (Read "A Brief History of Cybercrime...
...Charged with hacking into retail and card-processing computers to steal 130 million credit- and debit-card numbers from 2006 to 2008. The compromised companies include Heartland Payment Systems, 7-Eleven, two unnamed national retailers and Hannaford Brothers, a regional supermarket chain...