Word: willingly
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Dates: during 2000-2009
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It's easy to pick a stock that will earn you a stand-out return in a single year. Well, okay, maybe not "easy," but with just 12 months as a scorecard, there's a lot in the world that can put the wind at a company's back. In...
In the face-off between retailers and tight-fisted shoppers this holiday season, the last two shopping days before Christmas will be even more crucial than usual. Retailing experts expect to see deep discounts to woo the last-minute crowds, but not the complete capitulation that some shoppers had been...
Up until now, retailers have managed to avoid the panic discounting that plagued last year's Christmas season, mainly because many ordered up to 20% less inventory in anticipation of fewer customers. But with sales even more sluggish than projected and consumers keeping their pocketbooks closed longer, experts believe shop...
"Last year was the worst Christmas in 40 years and we're tracking below that right now," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail consulting and investment banking firm.. "The whole [holiday season] will be determined by the last two days before Christmas."
Sheila Rose, a 50-year-old mother of two in Stamford, Conn., is typical of shoppers who have been sitting on their hands waiting for the final markdowns. With unemployment hitting a 25-year high, she expects discounts to at least match last year's levels, "or maybe even more...