Business & Economy

Direct approach

Business | Sony takes on its own retailers with opening of new stores
by Dan Perkins
Posted 10/30/04, 12:00 am

Selling direct to customers isn't a new concept, but in the crowded consumer-electronics field it means competing against the very retailers you depend on for sales.

Can that be good business? Sony Electronics is about to find out. In the past year, Sony has opened 10 retail stores across the country and hopes to have 30 such "Sony Style" stores operating by 2006. That has long-time retailers of Sony products concerned.

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Toy story

Business | There will be fewer places to shop for the perfect gift this Christmas
by Dan Perkins
Posted 10/23/04, 12:00 am

When you head out to shop for toys this Christmas season, where will you go?

K-B Toys is no longer an option. FAO Schwarz is nearly extinct, too. Those two specialty toy stores went bankrupt after dismal holiday sales in 2003. This year, Toys "R" Us will try to survive the season against discount leaders Wal-Mart and Target.

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Bumpy ride

Business | Pilots at U.S.
by Dan Perkins
Posted 10/16/04, 12:00 am

What do you do when your company is on the verge of extinction, but you've already conceded twice to your employer's cost-cutting demands with no apparent reward?

That's the situation facing approximately 3,000 pilots at US Airways. Already in bankruptcy protection, the nation's seventh-largest airline has warned that it could be forced to liquidate by February if it doesn't receive a 23 percent pay cut from all of its union workers.

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