Word: shuts
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...store-sales declines. In the second quarter of 2009 alone, sales were down an eye-popping 30% across the company's three name outlets: the flagship Abercrombie brand, which has 567 stores; Hollister, a 520-store teen chain; and Ruehl, a 29-store chain for young adults that Abercrombie shut down in June. Abercrombie & Fitch lost $26.7 million, which includes $24.4 million in charges associated with the closing of Ruehl, in the second quarter. During the same period in 2008, Abercrombie scored a $77.8 million profit. "Abercrombie has mismanaged this economic downturn more than any other retailer," says Britt Beemer...
...everyone welcomes the rules. It is unclear if other Chinese provinces will adhere to the regulations and grow different teas under new names. The new standards, for example, shut out tea producers in neighboring Guangdong province, who claim that the tea they process is as authentic - perhaps even more so - than Yunnan's. Guangdong tea makers contend that it was Pearl River traders, not Yunnan farmers, that originally perfected Puer. Zheng Mukun, a tea master from Guangdong, says the province's claim dates to the Qing dynasty, when tightly packed leaves were fermented over the course of the three-month...
...works in a windowless 8-by-8-ft. server closet, like a Web Wizard of Oz ("It gets really hot with the door shut, so meetings have to be short," he says), admits he knows what he's looking for only when he sees it. "You can't really explain why it's funny," he says. "That's part...
...hour that on-campus parties, Felipe’s, and your liver all shut down. 2. The hour you’re likely to have your first drunk run-in with HUPD (see HUPD). 3. When the Kong, house grilles, and final clubs are still serving...
Perhaps, but if the government feels truly threatened, it's likely to lash out again - and Karroubi could be among its top targets. One of the leading generals of Iran's powerful Revolutionary Guards has already called for his and Mousavi's arrest. Karroubi's newspaper was shut down on Aug. 18, and last week the government advised clerics all over the country to lambaste Karroubi during their Friday sermons. One leading hard-line cleric called for Karroubi to be beaten with a lash...