Word: retailing
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...that the markets anticipate GDP health six months or so in advance, so what this disconnect is telling us is that economic recovery is just around the corner. Sure, we're seeing some green shoots particularly in China, where industrial production rose 8.3% year-on-year in March, retail sales surged 15.9% in the first quarter, and investment in fixed assets jumped 28.6% in March after rising 26.5% in February. But it's difficult to see how Asia can return to real growth with export demand dead in the U.S. and Europe - and no one expects a resurrection there anytime...
...sector have dropped 4% this year--women are looking for a cheap but glamorous lift. Sales of lipstick--traditionally the top performer in tough economic times--have not fared as well as those of mascara. While lipstick sales in February were down 11.5% from last year, according to the retail tracking company NPD, mascara sales dipped just...
...quest for more luscious lashes has even reached the pharmaceutical industry. In January, Allergan, the company that made Botox a household name, introduced Latisse, the first FDA-approved prescription drug to aid growth of longer, fuller lashes. Suggested retail price: $120 for a 30-day supply. But stop using the pricey solution and lashes will eventually shrink to their original size. At least there will always be falsies to fall back...
...loan is normally refinanced. But the recession has eroded the fundamentals of even good refinancing candidates. Property values have plummeted, with sale prices down as much as 45% from the peak in 2007, Deutsche Bank reports. And vacancies are up - expected by year's end to reach 13.5% for retail and 17% for office buildings - cutting potential income that commercial properties need to make their mortgage payments. Some areas will be even worse. Vacancy rates in midtown Manhattan, already at 12.7%, are expected to reach 19% by year's end, real estate experts...
...Origins, a wellness-based beauty brand with a full line of plant-based skin-care, makeup, and body care products, kicked off its Return to Origins Recycling Program at the beginning of this month. The Brattle Street branch, along with other retail locations across the country, is collecting customers’ empty cosmetic containers to be recycled or burned to produce electricity...