Word: retailing
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...only way to see what will happen in the retail industry in the next several quarters is to watch it like a hawk today. The first impression that many people get is that the retail business is OK because Wal-Mart is doing so well. But, Wal-Mart is the exception to the rule. Sam Walton's company continues do well because its tremendous buying power, distribution, and brand allows it to attract customers who get relatively high quality products for very little money. Its success removes a great deal of the foot traffic from the rest of the industry...
...close nearly 20% of its stores. The company has 5,500 workers. A lot of those people will lose their jobs. Closing 20% of the Ann Taylor stores is probably about right. This forecast is as accurate as any available because it is based on real trends in the retail industry...
...fate of retailers likely to be better than some of the most pessimistic forecasts? Yes. But, for this to happen big retail operations will have to do the hard thing and lots of people will lose their jobs...
...When you account for different variables, the states all shuffle around, but Utah is very comfortably at the top of every list. What is Utah’s deal? BGE: One important difference is that if you live in Utah and want to buy your adult entertainment at a retail location, you’re going to have significant difficulty doing so. So when we look at high online purchases in Utah, we shouldn’t necessarily conclude that that means that there’s more adult entertainment of all sorts consumed in Utah. It might just mean...
...Although Xanadu doesn't have a pretty face, it's what's inside that counts for a mall. And if Xanadu can corral enough retailers to sign on for a grand opening, it has the potential to at least survive the downturn. If all goes according to plan, the mall could spice up the shopping experience, which would be a welcome change in this depressed retail environment. For example, a huge video screen in the sports area will broadcast games, which could draw shopping-averse men to the mall. The Children's Science Center, Legoland Discovery Center and Wannado City...