Word: shuttered
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...economic downturn has claimed another victim: Bennigan's Grill & Tavern, the 32-year-old chain of casual-dining fern bars. Amid sky-high gas and food prices and tightening consumer spending, the chain's Texas-based parent company declared bankruptcy July 29, saying it would shutter 150 eateries. While the franchise outlets remain open for now, Americans who want to peruse oversize menus for oversize portions of unremarkable food in unremarkable settings may soon have to check out Applebee's or Chili's. Or Ruby Tuesday or T.G.I. Friday's. Or the scores of other family-style restaurants serving deep...
...Starbucks's stock, which has fallen more than 50% in the past two years, rallied in early-morning trading. Investors liked the announcement, which replaced an earlier, less-aggressive plan to shutter just 100 shops. "The first step is admitting you have a problem," John Glass, an analyst at Morgan Stanley, wrote in a research note. He estimated that closing the 600 stores could boost U.S. operating margins by at least 1 percentage point...
...global workforce. They account for some 19% of company-owned stores built since October 2005. But more than a third of the Starbucks in the U.S. are run by licensees - you'll find them in airports and on the turnpike - and so far there are no plans to shutter any of those. Nor are there plans to close any international stores, which are a small part of the company's overall profits but its biggest prospect for future growth. And not all U.S. growth has ground to a halt: Starbucks will open between 200 and 250 stores...
...smartest people you'll ever meet are the guys who used to operate the M. Coy bookshop on Pine Street in Seattle. Business pressures recently forced them to shutter their shop, but for 20 years, they sold their books, and from the moment you walked into their store, they had you figured out. They noticed where your gaze would go; they noticed where you paused. They noticed what books you picked up and how long you lingered over them. They recalled earlier customers who had bought the same titles and remembered other books those shoppers bought. They flashed through their...
...Publicis, France's huge marketing/advertising concern. 3DSwym brings 3D modeling and simulations to burgeoning world of market research. Consumers can virtually test new products, packaging and store layouts. It'll enable manufacturers to let consumers help determine, say, the shape of a yogurt container or the placement of shutter button on a digital camera. Online 3D simulations can greatly reduce the amount of time and cost needed to do market testing. And 3DVIA can provide 3DSwym's marketers with a large, 3D-savvy audience of consumers to tap. "We will try to leverage them," Wilson says...