Word: stores
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Dates: during 2000-2009
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...Andrew Noble, 25, Olympic skier My day would start with coffee and fresh scones at the Forth Floor brasserie, tel: (44-131) 524 8350, in the Harvey Nichols department store. For a spot of sightseeing, I'd take a taxi to the Royal Mile to look at the spectacular Scottish Parliament building, tel: (44-131) 348 5000, and Holyrood Palace, the Queen's official residence in Scotland. I'd then grab some lunch at the Witchery, tel: (44-131) 225 5613, one of Edinburgh's best restaurants and, in the afternoon, walk over to Edinburgh Castle...
Since he arrived on Christmas Eve, President Obama has kept a low profile. He played golf on a military course, and watched the waves at a popular bodysurfing beach called Pyramid Rock. The President's children were treated to shave-ice treats on Saturday at Island Snow - the same store the President visited with his daughters last Christmas. (See the Obamas' 2008 Hawaii vacation...
Such calm amidst the storm has paid off for shareholders. Panera stock is up 26% this year: in fact, it's one of the best performing stocks of the decade, having generated a whopping 1,560.65% return. Profits rose 38% in the third quarter, and sales in company owned stores rose almost 7% during the first 27 days of the third quarter (sales in franchise stores rose 6.3%). "For us, the recession has been the best of times," says Panera founder, chairman and CEO Ron Shaich. In an environment where even McDonald's, once a recession superstar, is reporting negative...
...Panera's credit, the company didn't sit completely still in 2009. While the restaurant world cut staffs and shuttered stores, Panera continued to invest. "We've been basically opening up a new store every five days," says Shaich. "This is the time to grow. Real estate costs are down, development costs are down, volumes are up - these are the highest-return investment stores we'll ever generate." Panera has hired 20,000 new workers, rolled out new menu items, and improved the lettuce quality in its salads. Salad sales are up 30%. (Read a brief history of peanut butter...
...know how much of their premiums are spent on administrative costs like marketing, salaries and profit. "If you buy a gallon of milk and you end up with half a gallon, you're not really happy about that. But in that case, you can take it back to the store and get mad." (See the top 10 health care reform players...