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BUSINESS
December 24, 2012 | By Maria Panaritis, Inquirer Columnist
T'was the Sunday before the Sunday before Christmas, and all through the stores, so few consumer-creatures were stirring . . . well, I barely waited for a food-court burrito, hardly broke a sweat for parking, and saw virtually none of the long checkout lines retailers expect and need during the holidays. Uh-oh , I thought to myself. That bad feeling I'd had on Black Friday, after retailers pulled out the stops with Thanksgiving store openings - only to see less-than-killer crowds the next day - had apparently been a sign of more troubling news to come.
BUSINESS
January 14, 1988 | By SUSAN GUREVITZ, Special to the Daily News
Since 1980, American retailers have been carrying on a love affair with imported clothing makers and spurning the products of domestic apparel manufacturers. But over the past six months or so, the U.S. garment industry has enjoyed a renewed flirtation with retailers, partly in response to the dollar's falling value overseas and partly because of a new perception by consumers that clothing made in the U.S.A. is better. "There's definitely movement in the direction of domestic clothing makers," said Bob Swift, executive director of Crafted with Pride in the USA Council, the non-profit group that developed the "Made in the USA" campaign.
BUSINESS
February 14, 1996 | by Jenice M. Armstrong, Daily News Staff Writer Staff writer Anthony S. Twyman and Daily News wire services contributed to this report
Wallace Oversby had a big decision to make - what kind of lingerie to buy his girlfriend for Valentine's Day. A teddy? A bustier? The 23-year-old Embassy Suites guest services clerk was torn. He said he wanted to get her something sexy but not too risque. "You don't want her to think you're some kind of a freak or anything," he explained, as he left Secrets on South, an intimate-apparel store. Thanks to customers like Oversby, who already had purchased a pair of $70 black Reebok athletic shoes for his sweetheart, many retailers yesterday breathed a collective sigh of relief.
BUSINESS
October 23, 1992 | by Francesca Chapman, Daily News Staff Writer Daily News wire services contributed to this story
To hear some retailers, it won't be the decorations going up, or the carolers singing that will inspire Philadelphians to begin their Christmas shopping. Rather, it's the inevitable end of this year's political campaigns, which have preoccupied customers for months, that may encourage them to get out and spend. "I don't think Bush is going to win, and I think that'll give a real boost to the economy," said Larry Glauser, co-owner of the Sports Favorites apparel store on Cottman Avenue in the Northeast.
BUSINESS
August 6, 1987 | By ROBIN PALLEY, Daily News Staff Writer
Attention Yupscale shoppers: Sharper Image, the executive toy catalog business that also operates 30 retail stores, is racing into Ardmore for an October opening - maybe aboard a pair of its $99 "Frollerskates with Innershoes. " J. Bildner, a hybrid grocery caterer and gourmet operation based in Boston, is renovating a store on Rittenhouse Square, where it will sell things like Ethiopian Harar coffee and goat cheese, side by side with toothpaste and toilet paper. Honeybee, which sells brand-name and designer women's career clothes, is coming to 1711 Walnut St. by early October.
NEWS
January 4, 2013 | ASSOCIATED PRESS
NEW YORK - A last-minute surge in spending saved the holiday shopping season. Major retailers, including Costco, Gap and Nordstrom, on Thursday reported better-than-expected revenue in December. That comes as a relief for stores, which can make up to 40 percent of their annual revenue in the last two months of the year. Americans spent cautiously early in the season as the Northeast recovered from Superstorm Sandy. Then they held back because of fears that the U.S. economy would fall off the "fiscal cliff," triggering massive budget cuts and tax increases that would have amounted to less money in their pockets.
NEWS
September 24, 1999 | by Erin Einhorn, Daily News Staff Writer Staff Writer Mensah M. Dean contributed to this report
They were developers, Realtors and retailers and nearly all of them had one thing in common: But for nine or 10, almost none were registered to vote in Philadelphia. They weren't necessarily campaign contributors, either, and the event was not a fund-raiser. But that doesn't mean that either candidate for mayor could afford to be absent. Nope. If you're going to be mayor in Philadelphia, you need these guys on your team. "They represent important development interests in the city of Philadelphia," said Republican mayoral candidate Sam Katz yesterday after addressing several hundred members of the International Council of Shopping Centers, who were holding their annual regional meeting at the Convention Center.
NEWS
January 19, 2011 | By Elizabeth Wellington, Inquirer Fashion Writer
Nyeemah Davis pulled away from her mother's hand, bounded through Cherry Hill Mall's newest children's clothing store, 77kids, and marched up to the electronic kiosk. Nyeemah, only 4 years old and dressed in a hooded, navy blue 77kids sweat suit, punched the oversize buttons on what looked like a giant iPod touch and snapped a digital self-portrait. Then she wandered over to the leopard-print hoodies. "Oh my God, Ny absolutely loves this store," said Laverne Davis, 28, of Clementon, who shops at the store's slightly grown-up predecessor, American Eagle.
BUSINESS
June 8, 2013 | By Mae Anderson, Associated Press
NEW YORK - In the latest sign Americans are feeling better about the economy, stores across the country had a pickup in sales in May. An improving job picture, a better housing market, and stock market rallies have led to consumer confidence's reaching five-year highs. That has left Americans a bit more likely to reach into their pockets, as monthly revenue reports from national retailers showed Thursday. Revenue at stores open at least a year - an industry measure of a retail chain's health - rose 3.2 percent in May compared with May 2012, according to a preliminary tally of 13 retailers by the International Council of Shopping Centers (ICSC)
BUSINESS
March 3, 1989 | From Inquirer Wire Services
The nation's major merchants turned in solid sales performances in February, they reported yesterday. Industry analysts said the retailers were helped in large part by women's strong responses to new spring fashions. Jeffrey Feiner, a retail analyst at Merrill Lynch & Co., said the results "were slightly ahead of expectations and reflected the continued improvement that was evident during the Christmas and January selling seasons. " The retailers' sales in stores open for more than a year rose an average of 7 percent to 8 percent in February over the same month a year ago, while total sales were up about 16 percent on average, the analysts said.
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NEWS
March 21, 2014 | By Andrew Seidman, Inquirer Trenton Bureau
WESTAMPTON Dozens of interest groups lobbied legislators Wednesday at a Senate budget hearing in Burlington County to maintain or increase funding for their favorite programs next fiscal year, even as New Jersey makes a record payment toward its pension fund. Among the most pressing issues addressed was the scheduled April 1 expiration of New Jersey's interest-arbitration cap, which sets a 2 percent limit on annual raises for police and firefighters. Gov. Christie and other supporters of the cap say it has helped slow property-tax growth.
NEWS
March 20, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
In a sweeping $500 million-plus project aimed at finally upgrading Philadelphia's worn downtown retail district and spreading Center City's apartment revival east of Broad Street, a development group says it plans to demolish a modest block of stores on Market Street between 11th and 12th - and eventually level or renovate the rest of the block down to Chestnut Street - in favor of a new retail/residential complex. Developers of the complex, to be called East Market, are two Philadelphia concerns, backed by Washington and New York firms.
NEWS
March 14, 2014
E RIK LIPSON, 52, of Washington Square West, is owner and CEO of Fun-Time International in Old City. The family-owned company designs and manufactures novelty drinkware, including Krazy Straws, which is celebrating its 50th anniversary, and Krazy Mason Jars. It wholesales to large and small retailers and to individuals at krazystraws.com. Q: Tell me about Fun-Time and your role. A: I started it in 1984 after I graduated from college. I invented Krazy glasses drinking straws, which are like eyeglasses you drink through, and got the founders of the original Krazy Straws in Ohio to manufacture them.
ENTERTAINMENT
January 11, 2014 | By Inga Saffron, Inquirer Architecture Critic
Marvin Ginsberg made his living selling men's clothing in crayon colors at bargain prices, but he also accomplished something that frequently eluded renowned architectural theorists: He succeeded in turning his building at Third and Market Streets into an exuberant sign that was impossible to miss. Whatever your feelings about the three-story, red- white-and-blue graphic that envelops and brands the Shirt Corner, you can't deny the building/sign became a Philadelphia landmark, accidentally, to be sure, but one that perfectly captured a joyous, unbridled form of retail hucksterism that is now fading from American cities.
NEWS
January 7, 2014 | By Sulaiman Abdur-Rahman, Inquirer Staff Writer
One can only imagine what a brisk day of sales it might have been. The Eagles wool caps customers would have clamored for. The appointments for green-and-white manicures and pedicures. The orders for pretzel trays. The rounds of beer downed by standing-room-only crowds gathered around televisions in the region's bars for each playoff game. If only. A day after the Eagles' bid to win the first playoff game in five years came to an end compliments of the accurate foot and steely nerves of New Orleans Saints kicker Shayne Graham, Sunday was largely Bummerville at businesses whose bottom lines would have benefited from a prolonged Eagles season.
NEWS
December 23, 2013 | BY DAVID GAMBACORTA, Daily News Staff Writer gambacd@phillynews.com, 215-854-5994
SO . . . THIS IS IT, huh? That's been the knee-jerk reaction of anyone who has ever encountered the cracked and barren lots that serve as the southern entrance to the Avenue of the Arts at Broad Street and Washington Avenue. The vacant slabs of real estate on the northwest and northeast corners of the intersection have been the subject of countless rumors during the last 20 years - everything from hotels and condos to a movie soundstage that was going to be built by Philly-born Hollywood star Will Smith.
ENTERTAINMENT
December 19, 2013 | By Elizabeth Wellington, Inquirer Fashion Writer
During these final shopping days before Christmas, Mona Lisa Jackson will transform the front of Coeur - her upscale women's lingerie boutique - into a pop-up shop for men's undies. The collection, Zimmerli, is an 80-piece line of briefs (in the $120 range) and Ts ($150) fashioned from Egyptian cotton and silk jersey. The variegated ribbed tanks are favorites of Jamie Foxx, Joaquin Phoenix, and Hugh Jackman. "Men are placing more emphasis on fashion, even what people don't see," said Jackson, who has been in the women's underwear business for 17 years.
BUSINESS
December 7, 2013 | By Maria Panaritis, Inquirer Staff Writer
When landlord Morris Jerome inked a deal for a Nordstrom Rack at the old Daffy's on Chestnut Street, he was quick to say that the lease would potentially pack a bigger punch than just a sizable rent check. The Rack, to occupy four floors of a marquee building in the heart of burgeoning Center City next fall, would attract other big-name retailers, and further corrode the once-ironclad notion that downtown Philadelphia was too dowdy to interest fancy brands. "We're going to change that perception with this new Nordstrom Rack, which is a tremendous retailer," said Jerome, principal of New York-based JEMB Realty Corp., in an October interview when the Rack deal went public.
NEWS
November 27, 2013 | By Maria Panaritis, Inquirer Staff Writer
You've seen the signs everywhere, and days before Black Friday - in your inbox, online, and screaming from store displays: Holiday doorbusters starting "TODAY!" And promises of more deals to be had on Turkey Day itself. If last year's unprecedented early store openings were perceived as a fluke, this year is proof that Black Friday is no longer the marketing hook that kicks off Christmas, Hanukkah, and all other holiday shopping. Instead, the day after Thanksgiving is taking a permanent backseat, it seems, to shopping everywhere, all the time . What began as an experiment to inspire shoppers stung by a poor economy has become the new tradition.
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