Word: traffic
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...have other motivations for its new acquisition - particularly on the Web and in digital broadcasts. While consumers have little reason to type nbc.com into their browsers, The Weather Channel's site attracts some 40 million unique monthly visitors, according to Nielsen Online. The merger could help drive new traffic to NBC's other digital content. What's more, The Weather Channel, which is currently owned by Landmark Communications, has a brand-new $60 million state-of-the-art, high-definition recording studio in Atlanta, from which it can produce digital broadcasts both for television and the Web. Viewers can also...
...economic boom and world's tallest skyscraper help draw millions of visitors to Dubai each year. But for many seasoned travelers, they make a trip to the city-state sound as alluring as a holiday in Hell. Dubai's breathless p.r. machine neglects to mention the construction din, monstrous traffic jams, and overpriced chain hotels that blast synthetic music by the pool...
...some 70% were opened since October 2005, and most have another store in close proximity. Starbucks's strategy of cannibalizing its own sales - a store loses about 25% to 30% of its revenue when another outlet opens down the block - works when customers keep streaming in, but once foot traffic slows, as it has over the past year, it is much more difficult to still make money at both stores. Taken as a group, the 600 stores, which are spread across all major markets, aren't profitable...
...Shutting laggard stores is hardly an unprecedented strategy. When McDonald's was struggling in late 2002 and early 2003, it announced the closure of nearly 700 stores in order to weed out less-profitable operations and focus on improving returns at existing stores. To drive traffic to those stores, the hamburger heavyweight then buckled down on product development, rolling out new offerings like salads. Starbucks is also kicking up its R&D machine, debuting, among other things, smoothie-style drinks later this month...
...bulldozer roared towards a car stuck in traffic, passersby managed to grab a five-month-old baby from inside the vehicle, seconds before the bulldozer slammed into the car, crushing the mother to death...