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However, analysts believe the big 70% markdowns are more likely to be strategically slapped on certain items rather than spread store-wide as they were last year. "We're definitely expecting to see a lot of promotions in the days before Christmas, but we are not likely to see the blanket discounts and markdowns that we saw a year ago," says Ellen Davis, a spokesperson for the National Retail Federation. "You probably won't walk into a store and see signs for 60%, 70% or 80% off everything."See pictures of retailers which have gone out of business...

Author: /time Magazine | Title: Christmas Shopping: For Retailers, Down to Two Crucial Days | 12/22/2009 | See Source »

...weekend take (The Blind Side holding the sturdiest), except for the Oscar favorite Up in the Air, which soared 30% by adding 103 venues to last week's 72; it amassed nearly as much per screen as Avatar, and at relative bargain-basement prices. One new romantic comedy in wide release was meant to lure a more mature demographic than Avatar, but attracted almost nobody. Did You Hear About the Morgans?, with Sarah Jessica Parker and Hugh Grant as a married couple on the lam from a killer, cadged a feeble $7 million and immediately entered the Witness Protection program...

Author: /time Magazine | Title: Snow Job for the Avatar Opening? | 12/21/2009 | See Source »

...quicker, stiffer challenge from the debuts of a big romantic comedy (It's Complicated, with Meryl Streep, Steve Martin and Alec Baldwin), a big action picture (Sherlock Holmes with Robert Downey Jr. as the martial-arts sleuth) and Alvin and the Chipmunks: The Squeakquel, plus the long-awaited wide release of Up in the Air. The competition of that imposing lineup suggests a cloudy forecast for Avatar, with or without snow...

Author: /time Magazine | Title: Snow Job for the Avatar Opening? | 12/21/2009 | See Source »

Evidently not, though. To get a true picture of worldwide sea levels, Kopp and his colleagues gathered data from a wide range of individual studies to put together a global picture. "We reviewed data from 40 sites," he says, including evidence from ancient coral reefs, eroded beaches and telltale sediments laid down in the ebb and flow of 125,000-year-old tides. The bottom line: local effects and faulty assumptions may have led to an underestimate. "It's unclear," says Kopp, "why the Southern Hemisphere would have been warmer than we thought." It may have to do with changes...

Author: /time Magazine | Title: How High Will the Seas Go in a Warmer World? | 12/18/2009 | See Source »

Faust may downplay her personal symbolic power, but her identity as both the first female president as well as the president of Harvard lends her an additional cachet. Audiences are eager to hear her perspective on a wide range of issues that combine the personal and professional aspects of her life—fielding the types of questions that may not have been posed to male presidents. Faust has been asked about subjects ranging from girls’ education to the balance between family and career—all increasingly global concerns...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: Around the World with Faust | 12/18/2009 | See Source »

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