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...block at many of its stores in the wee hours of the morning. Other retailers, such as Staples, Radio Shack, GameStop and hhgregg, also reaped benefits from the electronics frenzy, notes Credit Suisse analyst Gary Balter. Many offered sharp discounts on gadgets, ranging from laptops and high-definition TVs to GPS devices and e-readers, as they jockeyed to fill the void left by the demise of Circuit City in the past year. "There is an insatiable hunger for these devices and they make great gifts during the holidays," says Lasser. (See the 50 best inventions...

Author: /time Magazine | Title: Winners and Losers from Black Friday Weekend | 12/2/2009 | See Source »

Ellen Davis, an NRF vice president, says shoppers were intensely focused on staying within budget. "Shoppers were looking for deals on lower-priced items - such as $10 toys and $9 books, not $1,000 flat-screen TVs," said Davis during a conference call on Sunday...

Author: /time Magazine | Title: After Black Friday, Doubts Grow About a Shopping Uptick | 11/30/2009 | See Source »

Though he doesn't know it, shop manager Zhu Baohua is on the front lines of the battle to reform the global economy. Zhu's three-floor electronics store, crammed with Sony TVs, Motorola cell phones and HP PCs, is located in a nondescript neighborhood in the western Chinese city of Xi'an. Far from China's dynamic coastal manufacturing and financial centers, Xi'an for decades has been an economic backwater known mainly as the home of China's famed terra-cotta warriors, reminders of the city's glory days as a capital of ancient dynasties...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

When aging rock stars tire of trashing hotel rooms and throwing TVs out of the window, where do they stay? Probably somewhere like London's Sanctum Soho, sanctumsoho.com. Set within the mellowed stone of a 1906 townhouse in the city's West End, the property bills itself as "a celebration of edgy glamor" and is the $17 million vision of music manager turned nightclub owner turned hotelier Mark Fuller...

Author: /time Magazine | Title: Glam It Up at London's Sanctum Soho | 11/26/2009 | See Source »

...trying to bring back the party to the skies. There are six bars on the plane, which encourages passengers to mingle (in their own class, of course). In the front of the upper deck, in the business section, there's even an art gallery of sorts: flat-screen TVs displaying digital previews of the New York and Paris cultural scenes, a somewhat lavish use of space...

Author: /time Magazine | Title: Can the A380 Bring the Party Back to the Skies? | 11/23/2009 | See Source »

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