Word: roses
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Dates: during 2000-2009
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Such calm amidst the storm has paid off for shareholders. Panera stock is up 26% this year: in fact, it's one of the best performing stocks of the decade, having generated a whopping 1,560.65% return. Profits rose 38% in the third quarter, and sales in company owned stores rose almost 7% during the first 27 days of the third quarter (sales in franchise stores rose 6.3%). "For us, the recession has been the best of times," says Panera founder, chairman and CEO Ron Shaich. In an environment where even McDonald's, once a recession superstar, is reporting negative...
...While many think of cooperatives as a small-scale hippie mainstay, the Mondragon Corp. is huge, hard-nosed business-wise and successful; in 2008, with Spain's economy in the doldrums, MCC's income rose 6%, to 16.8 billion euros. The Mondragon Corp. maintains its commitment to one-worker, one-vote democratic governance through a complex, carefully honed organizational structure in which the corporation serves as a kind of metacooperative for the individual companies. Through representatives and resources drawn from the larger network, it provides support for planning, research and generation funding for new businesses...
...Sheila Rose, a 50-year-old mother of two in Stamford, Conn., is typical of shoppers who have been sitting on their hands waiting for the final markdowns. With unemployment hitting a 25-year high, she expects discounts to at least match last year's levels, "or maybe even more given the situation." Says Rose: "I think there will be some real hidden gems there towards...
...other ethnic minorities as well as homosexuals and the disabled. Pius defenders say he quietly worked to provide shelter for some Jews in Rome, and avoided public denunciations of Hitler's Final Solution because it would have prompted a Nazi backlash. After the German-born Cardinal Joseph Ratzinger rose to the chair of St. Peter, he initially decided to shelve Pius' candidacy for sainthood for further study and an examination of documents in the Vatican archive. With debate still heated about the historical facts - and with Benedict, a German of that era, in the papacy - many observers believed it might...
...noble and upright as anything out of a Jane Austen novel - a savior, in short. We've grown so fond of Blunt's Victoria that we just want her to have a real friend, benefits and all. We may be looking at Victoria and Albert through rose-colored glasses, but this love story is a touching romantic confection, a fine way to follow up your figgy pudding. Long live Queen Emily...