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Showing posts by Evan Clark- Deputy Editor, Business
David Dyer, president and chief executive officer of Chico's FAS Inc. did a rather shocking thing yesterday: He told an unadorned and uncomfortable truth.


Ron Johnson's tenure as chief cheerleader and chief executive officer at J.C. Penney Co. Inc. got its public start in the most scripted of forums this week -- the prepared remarks portion of the company's third-quarter conference call.

This week, retailers begin their third-quarter dance with Wall Street.

Today we are seven billion.
The latest sign of the apocalypse is upon us.
Things are speeding up everywhere and the old rules are failing.

Even Einstein's been taken down a peg, but fashion before physics.

The poverty rate is, well, atrocious.
How close is too close, but not close enough?

What would fashion do without the heroic and largely unheralded efforts of Dov and Eddie to shake things up?

"Banks are like the tooth fairy, they go away when you stop believing in them. " That is, beyond all doubt, my favorite bit of commentary from the financial crisis -- the 2008 crisis, that is. I don't yet want to call this latest go around a crisis. Then again, with 500- and 600-point drops in market, it's hard to be optimistic.

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