Things can’t get much worse for many of the world’s top luxury brands.
The Luxury Brand Effect: Should BMW Sell Ketchup?
Tag Archives: Recession
Recession Haggling: Let’s Make a Deal
Think you should haggle only when buying a car or shopping in the streets of Morocco? In this recession, if you’re not bargaining for everything everywhere, you’re needlessly draining your wallet. According to the consulting firm America’s Research Group, in October, 56% of consumers said they had recently tried to negotiate at retail outlets other than car dealerships.
Federal Help for Boat Dealers: All at Sea
Should struggling boat dealers get the same sort of bailout from the federal government that is being doled out to the flailing auto industry? The Small Business Administration thinks so.
Thirst: Why Vampires Beat Zombies
You’ve heard the propaganda: Zombies Are the New Vampires. Once relegated to back-list B movies like I Walked With a Zombie and Night of the Living Dead, those slow-moving, post-mortem drudges of West African mythic origin are now the hot horror creature
Family makes trek to find a job
John Spieker stood on the back porch of his newly rented Bailey, Colorado, home, thankful for his Good Samaritan landlord and worried that his previous home, parked in the driveway, wouldn’t get him to work the next day. His 1977 Toyota Dolphin camper, which Spieker rescued from a salvage yard, had carried him, his wife, Katie, and 4-month-old son, Jacob, from Florida to Colorado earlier this summer, a cross-country sojourn in search of work.
Why Volkswagen Is Powering Through the Recession
Nobody can blame Volkswagen CEO Martin Winterkorn for smiling this past week. VW has just turned the tables on would-be raider Porsche, placing Europe’s biggest carmaker in the driver’s seat for a planned merger with the much smaller and sportier firm. And while colleagues at rivals like Daimler, Fiat, General Motors and Peugeot are busy trying to survive the current economic storm, Winterkorn seems poised to throw VW into high gear.
The Arts in the Recession: It Helps to Think Locally
In Washington there are bailouts to be had for banks and car companies, but what about Portland’s Oregon Ballet Theatre? OBT’s 20th anniversary season is around the corner, but its budget has dropped 28%.
Why Is Six Flags Using a Creepy Old Guy to Attract Kids?
The fortunes of Six Flags, the country’s largest regional theme-park operator, have fallen more steeply than its roller coasters.
Wife of ex British PM Tony Blair in swine flu mystery
The office of the wife of former British prime minister Tony Blair refused to comment Thursday on UK media reports that she has swine flu. A spokeswoman for Cherie Blair told CNN: “This is a private matter and we will not be making a comment.” Blair was reported to have contracted the H1N1 virus, commonly known as swine flu, on Tuesday, according to the British Press Association and various media reports.
Laid-off French Workers Threaten Factory
In the latest episode of Protesting French Workers Do the Darndest Things, laid-off employees at the New Fabris car-parts factory have come up with a novel method of negotiating their severance pay.