Word: stores
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Talbots The specialty clothing retailer, which targets women over 35, has run out of steam over the past year. Talbots' same-store sales were down 13.9% in the third quarter of 2008, and the chain lost $14.8 million during that time. "They look dead in the water," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail-consulting and investment-banking firm...
...months. The real estate crash has been devastating to all home-furnishing retailers, but like Borders, Pier 1 wasn't performing well even before the collapse. "Merchandising was stale, they were relying too much on selling wicker furniture, the price points were probably too high and there was store saturation," says Anthony Chukumba, an equity analyst at FTN Midwest Securities Corp. (See pictures of Americans in their homes...
...even worse time to sell very discretionary items. Do you really need that fruit smoothie? Apparently not: Jamba Juice, the fruit-drink chain, lost $108 million in the first 40 weeks of 2008, compared with a $36.7 million profit during the same period in 2007. Same-store sales dipped 7.2%. In December, Jamba stopped shipping ready-to-drink smoothies to grocery stores because of production difficulties. "They still don't know who their core customer is," says Brian Moore, an analyst at Wedbush Morgan. "They have to define that. Is it the health-conscious consumer or someone who is looking...
...worked with Updike on The Lampoon, said that Updike once showed him a bound volume of his early writings in his Hollis dorm room. The work had been typed by Updike’s mother, herself an aspiring writer who worked in a department store...
Convenience store and newsstand operator Muckey’s Corp. signed a lease to take over Out of Town News earlier this week, rescuing the iconic Harvard Square kiosk from an uncertain future...