Word: stores
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Alas, therein lies Target's problem. Things are so bad, even cheap clothes are a luxury now. Why pull a new shirt off the store rack when you can snatch one out of the closet for free? Food, however, is not discretionary. Everyone has to eat, and more consumers want to dine at home to shave expenses. And there's a certain merchandising mammoth fulfilling that crucial grocer's role for consumers much better than Target. (See pictures of stores that are no more...
...While Walmart, the largest company in the world, has always dwarfed rival Target ($406 billion in annual revenues vs. Target's $65 billion), until recently Target had been decisively winning the growth game. From 2003 to 2007, Target's annual same-store sales growth averaged 4.6%, while Walmart's clocked in at 2.9%. Over the same period, Target's annual profit growth averaged 16%, while Walmart lagged behind at 10.3%. "Target was frying Walmart's brains out," says Howard Davidowitz, chairman of Davidowitz & Associates, a national retail investment-banking and consulting firm...
...onset of the recession, however, Target and Walmart saw their fortunes flip. Target's same-store sales have fallen for eight straight months; Walmart's have risen for 22 straight months. Target's 2008 same-store sales fell 2.6%, while Walmart's rose 3.3%. More recently, Target's February sales dropped 4.1%, while Walmart enjoyed a 5.1% jump. (See the best business deals...
...cupcake vendor hits Harvard Square this spring. Sweet currently has a branch in Boston’s Back Bay and is slated to open in the Brattle Street storefront between Tealuxe and Curious George Books and Toys—a site formerly occupied by Cross, the high-end pen store. The store’s launch date has not been set, but owner Courtney M. Forrester said she hopes to be serving her fresh-baked daily goods by early May. Forrester first opened the Boston branch of Sweet in May 2008. “I kind...
...showed that the solvents had “significant” effects on the environment. In response, Harvard started to terminate its leases with various businesses in the building, most recently Three Aces Pizzeria. Negotiations have now begun to end the lease of Central Barber Shop, currently the only store that remains in the Bence complex. “Our clean-up activities can advance more quickly in a vacant building,” said Power. “When we initially started the studies we did not expect to find such widespread contamination. The nature of the remediation...