Word: retailing
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...laid-back nature of laid-off New England retail employees: "Retailers continue to manage inventory levels tightly...Most respondents have invoked hiring freezes and some have already reduced or are considering reducing headcount in the near future. Several contacts have have also frozen wages or eliminated bonuses or retirement contributions, and note that employees have taken the news of these freezes and jobs cuts 'remarkably well...
...would be a luxury. But luckily for ski-resort operators, the flakes have been flush this season. Most U.S. resorts are reporting above-average snowfalls. (Northstar-at-Tahoe, in the Sierras, clocked in with 3 ft. of new snow March 4-5.) So while revenues have slipped - particularly at retail shops and restaurants - fewer people are fleeing skiing than you'd think. Michael Berry, president of the National Ski Areas Association, an industry trade group, projects that total lift-ticket purchases will decline 5% to 6% this season. (See pictures of Bode Miller, the renegade Alpine skier...
...Total revenues at the resorts will decline more steeply than lift-ticket sales, as skiers are spending less on private lessons and at retail shops. Aspen is offering free nights and restaurant discounts during traditional peak periods like spring break. "That's something we haven't done in the past," says Aspen Skiing Company spokesman Jeff Hanle...
...porn access across the U.S. “There are strong correlations,” he said, “and yet you need to be careful about what that tells you. Maybe the liberal people in the conservative regions are getting their porn online rather than at retail because the conservative people have shut down the retail stores.” Edelman said that he believes his study can offer ammunition for either side of the aisle. “There are facts here that are useful, on both sides,” he said...
...Whether Target sees an uptick in sales of purple linens remains to be seen, but each of these rock-and-retail experiments brings the future of the record industry into slightly sharper relief. And for mature acts who can bring an upscale fan base into stores, that future appears to be brightening...