Word: traded
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Dates: during 2000-2009
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...recession has been good to McDonald's. As consumers trade down to cheaper, faster food on the go, McDonald's has kept up its growth during the downturn. Same-store sales rose 4.3% for the quarter that ended March 29. Profits were up 4%, to $980 million. In this economy, that's an explosion...
...almost $1 cheaper than those at Starbucks. "Is it Starbucks quality?" asks West. "I would never say that. But they're in the ballpark. And that's where they need to be." The analyst also conducts bimonthly consumer surveys, and found that over 60% of respondents said they will trade down to McDonald's coffee if the drinks are cheaper and made faster. Given the company's pricing history and the likelihood that the McCafé system will be quicker than Starbucks baristas, consumer sentiment is trending its way. Thompson says that, to date, the McCafé drinks have produced...
...colleagues during my time. Pedagogy is important, and we were lucky to have Gordon Harvey (author of the Harvard standby Writing with Sources) to teach us how to teach writing until he was mysteriously removed in 2006, but I would describe writing instruction as an artisan’s trade that is hampered by theory just as would be true in watchmaking or leather-working...
...Although the leaders spoke at the summit about how their pact would boost annual commerce between Canada and the E.U. by around $27 billion, they were also contemplating that the seal ban could lead to a major trade tiff. Canada has already promised to challenge the ban at the World Trade Organization - and stands a good chance of overturning it, since WTO rules only allow prohibitions based on health and safety...
...MEPs did amend the ban to exempt seal products coming from traditional Inuit hunts. But Inuit leaders warned it would still kill their market. "This exemption is nothing but a ruse," Nunavut Environment Minister Daniel Shewchuck said in a statement. "With an outright ban on commercial trade, the price of skins will collapse, and with it one of the few ways in which the Inuit people are able to bring cash into their communities...