Word: stalling
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...guests gathered jovially on a summer Saturday afternoon to celebrate the opening of the newest stall in Barcelona's famous Boqueria market, an elderly man pressed awkwardly to the front of the crowd. He quickly congratulated the new establishment's owners, then, with a wistful smile, turned and left. Jaime Ross had previously owned the stall, which he had run for 60 years. It had been held by his family for four generations before him. But it was more than the name of the proprietor that changed when a family bereavement forced Ross to sell: What had once been...
...wasn't thinking about any of that when I mistakenly tried to ingratiate myself in Yunnan by bringing up the Olympics. But it did make me sympathetic to a dejected vendor sitting idly by her stall as nearby competitors did brisk business selling ethnic-themed tourist trinkets. Her wares? Olympic key chains and stuffed toys modeled after the Beijing 2008 mascot. "No business today," she sighed. "Maybe tomorrow...
...developer builds the space and then sells off individual shops to retailers. Because this strategy offers almost instant profits for investors, builders have little incentive to pick tenants carefully-and no incentive to ensure the facility is properly managed for the long haul. "If there's any empty stall when it comes close to time to open, all planning goes out the window," says David Hand, head of Jones Lang LaSalle's Beijing office, who estimates 95% of malls opened in China over the next five years will fail...
Margaret Atieno Okoth, 49, sells cabbage six days a week from a cramped stall in the teeming Toi market of Nairobi, alongside vendors hawking everything from secondhand shoes to bicycle parts. The $2 a day she takes home allows her to send three of her 12 children to school, while her husband John seeks out odd domestic jobs in the middle-class estates within walking distance of their home. Thanks to her enterprising spirit and a community-savings scheme, she can obtain small loans to keep her business going or cover the costs of a family emergency. But Margaret knows...
...soon, it was time to move on. The stall was doing brisk business, and someone else wanted our stools, but we weren’t too upset. After all, lunch was only a few hours away...