Word: stores
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...their belts to the point where it cuts off blood supply, this number was remarkably good. Starbucks, where a cup of coffee can cost over $4, is still a luxury, albeit a modest one. But, if the company is doing relatively well, then discretionary spending has not disappeared. Same-store sales at Starbucks for the period were down 8% in the US, but only 5% was due to a lower number of transactions. The rest was because people who did come into Starbucks spent less. (See 25 people to blame for the financial crisis...
Author T.J. Stiles spoke about his new book, “The First Tycoon: The Epic Life of Cornelius Vanderbilt,” yesterday evening at the First Parish in Cambridge. Along with co-sponsors like the Harvard Book Store, the Lowell Institute, and the Massachusetts Cultural Council, the Cambridge Forum hosted Stiles as part of their weekly forums on “cost.” “We are looking at the idea of cost, and obviously the financial world is important in cost. Vanderbilt is one of the architects of the American economy today...
...folder, contains the student’s essential information and serves as a place holder when the application is being read.Once the official application and secondary school report arrive, yellow barcode sheets in the folder get scanned. “It’s like working in a grocery store sometimes,” Anderson says. “Scanning tells the system we have the minimum requirement for the folder to be read.”The students who work in the office create thousands of folders nearly each day.“You make one mistake...
Carole Horne, general manager of Harvard Book Store, said that the increased sales tax further tips the playing field in favor of Internet retailers...
Several business owners expressed greater concern. At Crate & Barrel on Mass. Ave., assistant manager Radhika Ramdev said that the tax increase would hurt the store, which stocks big-ticket items like furniture and appliances. According to Ramdev, Crate & Barrel has already been struggling in the difficult economic climate and has experienced a slump in sales over the last six months...