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...down 49%, and [LVMH Moet Hennessy] Louis Vuitton down 23%," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail consulting and investment banking services firm. "If you look at Madison Avenue, it's a ghost town in terms of store closings. It's an absolute disaster." (Read "How Consumers Shop Differently Today...
...Cream’s Dunster St. location may close as early as November.Financial pressure from rising costs and a new competitor in town with prime real estate on Mass. Ave. snowballed into “the perfect storm” for the much-loved ice cream shop, said Herrell’s owner Jeffrey Stanett, making its continued operation impractical, if not impossible.Instead, Stanett said he plans to open a casual restaurant by next spring in an expansion of Herrell’s current location, which he plans to call First Printer Restaurant, Bar, and Grill.Stanett said that labor...
...grassroots and very accessible.” Since its inception in 1995, Boston Fashion Week has maintained this egalitarian attitude. A glance at this year’s schedule, which spans from Sept. 25 to Oct. 2, reveals an assortment of consumer-friendly events, including a recession-ready shopping tour and an introduction to the industry for teenagers, all open to the public with minimal or no admission fees.Though New York’s fashion week originally inspired Boston’s own, Calderin insists that the city isn’t competing for feature coverage in Vogue...
...students, and parents purchasing the book. “We love it when we have books that are relevant to the community. We really believe it will sell,” Scheirer said. The Harvard Book Store set up a display in its storefront as well as inside the shop using photos from the book. Cambridge-centered displays are typically geared toward tourists, said Heather L. Gain, Harvard Book Store’s marketing manager. But Gain said she believes the display will attract Cambridge residents as well. Lotman, who was raised outside Philadelphia, fell in love with Boston when...
...would the exchanges work? By 2010, each state would be required to establish an exchange, or marketplace, where insurance will be sold. Initially, only individuals and businesses with 50 or fewer employees would be eligible to shop in the exchanges, but by 2017, states would have to develop plans to phase in larger employers. By 2022, all businesses would be eligible to purchase coverage through the exchanges. (See pictures of the Cleveland Clinic's famous approach to health-care...