Word: trend
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...City, Steve & Barry's, Linens 'n Things and Mervyns going under. Of those four, only Circuit City is attempting to restructure its business, closing 155 stores by the end of the year in an effort to emerge as a leaner operation. The other three plan to liquidate altogether, a trend that is on the rise as a result of the lack of potential buyers for troubled assets and a tightening of credit offerings by banks. "The days of restructuring are gone," says Howard Davidowitz, chairman of Davidowitz & Associates Inc., a national retail-consulting and investment-banking firm. "No one will...
...Hopes for upscale retailers are fading fast. The high-end customer is cutting back spending 9 percentage points more than the overall consumer, according to America's Research Group. One victim of the trend: Saks Fifth Avenue, which saw a devastating 16.6% sales plunge in October, coming on the heels of a 10.9% drop in September...
That's certainly good news. Indeed, the best indicator of progress is a declining death rate. But while the falling incidence rate suggests successful efforts at prevention, the real reasons behind the trend are not as clear-cut. Decreasing cancer rates may reflect a real reduction in cancer; they may also be a result of more frequent and effective screening, which can catch and cure pre-cancer, or they may reflect less frequent use of screens overall...
...Hampshire last Wednesday, the Harvard men’s basketball team seemed to have finally shattered the other highest and hardest glass ceiling in America. At Colorado on Saturday, the Crimson sought to assure fans and opponents alike that the standout win was the beginning of a new trend by pulling a second road win against the Buffaloes. However, things began to fall apart in the closing moments for Harvard, and Colorado swept past the Crimson, 70-57. The Crimson’s high expectations had been built on the Buffaloes’ weak play thus far in the season...
...road,” Fraser said. “Last night was just one shift, and that was the only time Colgate had good offense. Untimely mistakes have cost us.”At the start of the game on Saturday night, the Crimson looked ready to reverse that trend. The team came onto the rink looking for the win, and its flying start reflected that drive. “We actually started our game real hard,” Killorn said. “We were forechecking, and we had control of the game.”A tough...