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Archive for Sunday, September 2, 2001

Briefcase

September 2, 2001

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Survey: Back-to-school business builds for shopping malls

The mall still reigns as the preferred venue for back-to-school shopping among parents and teen-agers, a new survey shows.

The 2001 American Express Retail Index showed that 77 percent of teen-agers would rather scour a mall for their new clothes and school supplies. Of the parents polled, 63 percent also said malls were their top choice for the annual rite.

The survey, based on a telephone canvass of 700 parents and students ages 12 to 17, also sought to determine the most popular clothing brands among teens.

For boys, the most popular brands were Tommy Hilfiger, Nike, Adidas, Polo/Ralph Lauren and FUBU.

Among girls, the top five clothing labels were Old Navy, The Gap, Tommy Hilfiger, Abercrombie & Fitch and Express/The Limited.

Internet: AFL-CIO marks Labor Day with cyber celebration

U.S. workers will be able to unite online during the next few weeks at an AFL-CIO-backed cyber celebration of Labor Day.

The labor federation, which represents 13 million workers, will commemorate the holiday at www.aflcio.org/laborday from through Sept. 21.

Site visitors can register to vote, contact members of Congress, sound off against anti-union employers and learn about their rights at work.

The AFL-CIO said the site drew more than 100,000 visitors in 2000 and expects more this year.

"A lot of union families and working families have computers," spokesman Matt Painter said. "We saw this as a better way to communicate with them."

Motley Fool: Name that company

The many rabbits in my warren help me buffet the market's volatility. I own Dairy Queen, Benjamin Moore, Johns Manville, GEICO, General Re, Borsheim's, Scott Fetzer, Nebraska Furniture Mart, FlightSafety, Executive Jet, See's Candies, Shaw Industries, The Buffalo News and more. My class A shares sell for about $68,000 each. My class B shares sell for about $2,300. Insurance is my main business. I've invested money from it in stock of American Express, Coca-Cola, Gillette, and The Washington Post Co., among others. Over 36 years, my per-share book value has grown an average of 24 percent annually. Who am I?

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