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|Thursday, January 05, 2012|
Many retailers are reporting solid gains for the holiday shopping season, but consumers focused on discounts took their toll on earnings.
Merchants had to mark down coats and other gifts to get shoppers to buy in a challenging economy. A mild winter also didn't help, wilting shoppers' appetite for cold-weather merchandise. That resulted in a string of retailers, including Target Corp., Kohl's Corp., J.C. Penney Co. and The Children's Place Retail Stores Inc., reducing their earnings outlooks.
The heavy discounting is also raising concern about what it will take to get shoppers to spend again in coming months.
"Sales were decent, but not great," said Ken Perkins, president of RetailMetrics, "It was a highly promotional environment. There were clear winners and losers in the holiday season. It just tells you how difficult it was to drive traffic against a backdrop of a soft economy."
Read more at StatesmanJournal.com.
Tuesday, June 09, 2015
The technology at the center of Oregon’s road usage fee reform.
Friday, May 22, 2015
BY AMY MILSHTEIN
Floor plans embrace the great wide open.
Friday, June 05, 2015
As temperatures in Oregon creep into the 90s this weekend, Oregonians' thoughts are turning to — summer baseball.
Friday, May 22, 2015
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Portland tech veteran Ben Berry is leaving his post as Portland’s chief technology officer for a full-time role producing unmanned aerial vehicles (UAVs) aimed at first responders and the military. Berry’s AirShip Technologies Group is poised to be on the ground floor of an industry that will supply drones to as many as 100,000 police, fire and emergency agencies nationwide. He reveals the plan for takeoff.
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A conversation with Gene Pelham, CEO of Rogue Credit Union.
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In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.
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