Word: retailing
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...past 10 years or so, Wolf has seen the Square undergo a gradual metamorphosis that she says she finds "disappointing." Many of the distinctive specialty shops and family-owned retail stores she used to walk by are gone, replaced by big-name chain outlets and trendy yuppie havens. Where once she saw a panoply of individualistic store fronts, she now sees a high-rise facade of modernized merchandising...
Tower Records, a monster in the music retail industry, opened a new branch on Mt. Auburn St. this weekend. The new store, which is housed in the two-story building adjacent to Crimson Travel, is now the largest music shop in the Square...
Most metal bands still must rely on concerts and word of mouth to sell records. "It's a cultlike audience," says Geoff Mayfield, director of retail research for Billboard. "A record like Metallica can sell without airplay and without MTV. So there is a voracious appetite...
...prickly about the issue, contend that the high charges help pay for the many services offered with credit cards, including 24-hour help lines and travel insurance. What banks pay to borrow money accounts for only one-third of their credit-card costs, according to Philip Corwin, director of retail banking at the American Bankers Association. If a bank is charging 18%, says Corwin, about 15 percentage points go toward covering costs; the rest is profit...
...diverse financial services sector Retail Brokerage and Venture capital play a significant role. Investment Banking is not limited to these areas; there are many functions banks perform, and they vary from firm to firm, and country to country...