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Word: stockely (lookup in dictionary) (lookup stats)
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...Holiday shopping is crucial for retailers because it accounts for as much as 40% of their annual sales. But consumer confidence has plummeted as Americans get squeezed by a housing crisis, rising unemployment rates, high food and gas prices, and a stock-market meltdown. Nine in 10 consumers believe the economy is in a recession, according to the most recent report of the University of Michigan Survey of Consumers. The barrage of bad news surrounding the $700 billion congressional bailout appears to have had a significant effect on shoppers' outlooks. At the end of September, 79% of consumers said they...

Author: /time Magazine | Title: Looking Ahead to a Blue Christmas | 10/7/2008 | See Source »

...adapt to leaner times, retailers are keeping fewer items in stock and many department stores are hiring fewer extra workers for the holidays. Shops selling necessities may weather the Christmas storm best. "The stores that will do well are the ones selling what you have to have to survive and selling it cheaply," says Howard Davidowitz, chairman of Davidowitz & Associates, a national retail consulting and investment-banking firm. Says Barrow, the Burbank TV writer: "Every financial decision I make, I now ask myself, Do I really need this...

Author: /time Magazine | Title: Looking Ahead to a Blue Christmas | 10/7/2008 | See Source »

After last week's political theater in Washington over the $700 billion bailout bill, the stock market's continuing woes have left many people shaking their heads. Isn't that huge sack of money Treasury Secretary Hank Paulson sought supposed to be solving the problem...

Author: /time Magazine | Title: Why the $700 Billion Isn't Helping | 10/7/2008 | See Source »

...been doing this for a couple years,” said the junior social studies concentrator. “There’s always some picture of some stockbroker looking sad in front of a crashing stock market. Sometimes it’s the same person...

Author: By Sofia E. Groopman, CONTRIBUTING WRITER | Title: Students Slam Wall Street 'Greed' | 10/6/2008 | See Source »

...hosted in the health center cafeteria every two weeks, the offerings include staples -such as bread, canned vegetables and soup - in addition to a rotating list of college student favorites, including microwave popcorn and baking mixes. Each pick-up day 10 or 15 student volunteers help package food, stock shelves and serve customers. They conduct interviews to see how much food to give out - if a customer has a family to support, he or she gets more - but almost never turn someone away. "Someone who is not on a tight budget is probably not going to go through the hassle...

Author: /time Magazine | Title: Undergrads on the Bread Line | 10/6/2008 | See Source »

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