Word: risen
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...Chesapeake, Va., loves the fiesta. The chain, which operates about 3,700 stores in 48 states, saw its profits rise 51%, to $56.9 million, for the quarter that ended Aug. 1. In a depressed retail environment, same-store sales jumped 6.8% for the quarter; the retailer's shares have risen over 40% since mid-February. "For us, the world is our oyster," Gary Philbin, Dollar Tree's COO, said at a recent analyst presentation. "With other folks canceling deals or cutting back, Dollar Tree is still out there to take advantage and we can move quickly." (See 10 big recession...
...Harvard's tuition has been upped just 3.5 percent (still above the near-zero inflation rate to compensate for higher demand for financial aid), financial aid funding has risen 18 percent, and President Faust and Dean Smith have reaffirmed that financial aid will not take a hit despite greater fiscal constraints...
...rises, the frayed spirits of Las Vegas have risen too, at least a little. "You see it on the freeway - its stature is just ridiculous," says Marc Beltran, 24, who just got hired as a front-service bellman. "It's one of the nicest hotels, not only in Las Vegas but in the country, if not the world. Regardless of the rough economy, I think we'll still be successful...
...Fine, liberals concede, but there’s no going back to 1960. No one wants to. But the two-parent household has rebounded recently—among the college-educated. Since the 1980s, divorce among them has fallen by 30 percent. Meanwhile, it has risen among the less educated by about six percent. Gary Burtless, an economist at the Brookings Institute, calls this difference a main driver of economic inequality. Why the two-parent household has become more popular among the college-educated and less so among other demographics is an important question—not a distraction...
...Will this theater strategy pay off? "I give them credit, because boxing needs to try something," says Marc Ganis, president of SportsCorp LLC, a consulting firm. Overall movie theater attendance has actually risen during the recession, so the timing seems right. But Ganis worries that sports consumption has become too personalized - in the living room, on the computer, on the cell phone - for fans to abruptly change their habits. "The days when a mass audience went to movie theaters to watch a live event have come and gone," he says...