Word: taylorisms
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...days from senior Jon Roberts and sophomore Dillon O’Neill, but the Crimson was unable to spark a comeback against UAB ace Kyle Roberson (2-2). A Douglas homerun brought Harvard within 9-3 in the eighth, but the visitors’ relief pitching stumbled, as sophomore Taylor Meehan yielded two earned runs in the bottom half of the inning.UAB 13, HARVARD 7In Saturday’s evening game at Pensacola Junior College, the Crimson watched a commanding advantage evaporate once again. Harvard took an early 4-0 lead as freshman Jeff Reynolds doubled home two runs...
...more realistic view of how stores are fairing under the withering decrease in demand caused by the recession, Ann Taylor (ANN) is a good example for analysis. In the fourth quarter, its sales dropped 20% to $483 million. It will close 163 of its stores. That is from a total of 935. The company's stock now trades at $2.82, down from a 52-week high of $29.23. Most of that collapse occurred over the last six months...
...Taylor does not sell expensive clothes and accessories and it does not sell cheap ones. That puts it right in the center of the drop-off in middle class buying power. Firms including Liz Claiborne (LIZ) and Talbot's (TAL) are in about the same spot. Ann Taylor is probably much better off than genuinely failing retailers including Bon-Ton (BONT) and Gap (GPS). Ann Taylor, of course, is not Wal-Mart which will most likely stay in a world all its own for the duration of the downturn...
...meantime, Ann Taylor will close nearly 20% of its stores. The company has 5,500 workers. A lot of those people will lose their jobs. Closing 20% of the Ann Taylor stores is probably about right. This forecast is as accurate as any available because it is based on real trends in the retail industry...
...first game of Saturday’s doubleheader, Harvard almost returned the favor in the nightcap.Down 7-0 in the top of the seventh inning, the Crimson kept the runners moving with a string of singles and walks, including RBI base knocks by sophomore Tyler Albright, senior Taylor Meehan, Stack-Babich and Way.But with the Jacksonville State lead cut down to one, sophomore Thomas Zollo—who had singled earlier in the inning after coming in as a pinch hitter—struck out to end the game.“It’s definitely positive that...