Word: stockingful
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But not everyone is happy. Street vendors and people in the massive black market have been hit as business shoppers are turning to the formal sector for the first time in years. Competition has increased as well. Shops have suddenly started stocking goods that were previously unavailable. The goods range...
What's more, experts say bug spray and other lagging products shouldn't expect a rebound anytime soon. The back-to-basics movement is here to stay. "There's an interesting psychological effect happening right now," says DeMott. "It's permeating every consumer segment. People think they have to hunker...
Lewis, who says he dabbled in cigarettes and pipes in college, stopped smoking shortly thereafter. But he says he continues to shop at the store for non-tobacco products and recently purchased political playing cards as Christmas stocking stuffers.
The company has reported just one profitable quarter over the past two years. The third quarter of 2008 was devastating: Pier 1 lost $36.9 million, or 41 cents per share, on $300.9 million in revenue. That loss far exceeded analysts' expectation of 26 cents per share. Chukumba says Pier 1...
The decades-old newsstand stocking domestic and international publications was rumored to be closing this month, after its former operator Hudson News did not renew its lease, citing diminished demand for print news.