CALIFORNIA | LOCAL
February 5, 2001
I keep reading about layoffs: Chrysler, J.C. Penney, Crown Books and more--but never any government agencies! Why not? Government produces nothing. All wealth is produced in the private sector by businessmen. Since each government job is supported by at least two private-sector households, government should eliminate at least one job for every two lost in the private sector. Otherwise, our economy will degenerate into a full-bore socialist state where everybody works for the government and nobody produces anything.
January 31, 2001 |
Discount retailer Crown Books said it will close 28 underperforming stores as part of the company's strategy to return to profitability. The company said it will have 62 stores after the closures. "This past Christmas season was difficult for the retailing sector, including the book industry," said Charles R. Cumello, Crown's president and chief executive. Crown's same-store sales for November and December were down 3%. About 450 full- and part-time employees will be affected by the closures.
November 16, 2000 |
Buying books online is pretty much where the whole idea of e-commerce got started. Amazon.com (http://www.amazon.com) opened for business in 1995 and has since been joined by hundreds of new-, used- and rare-book dealers. Prices are not necessarily better than bricks-and-mortar bookstores, especially when you consider the price of shipping. But the selection and convenience of buying books online cannot be beat. Best site to shop: Amazon remains the best and most entertaining of the bunch.
December 6, 1998 |
"Rainforests of the World" is a readable, beautifully illustrated patchwork of old and new facts about a vast and complex subject. Its title, however, is a bit misleading: A book that actually described all of the world's tropical and temperate old-growth forests that receive more than 80 inches of rainfall during a year would dwarf the Encyclopaedia Britannica.
August 25, 1998
Crown Books, the beleaguered discount book chain that will close nearly all of its San Fernando Valley outlets within the next few weeks, may be back on the scene as early as next year, a company spokesman said. Steve Pate, vice president of operations at the Landover, Md.-based chain, said that once the company sheds scores of unprofitable stores, including eight in the Valley, Santa Clarita and Thousand Oaks, it will begin opening stores again.
August 19, 1998 |
Crown Books Corp., which filed for bankruptcy about a month ago, said Tuesday it will soon begin closing dozens of bookstores, including 16 in Orange and Los Angeles counties. The stores will be shuttered as soon as Crown gains permission from the bankruptcy judge, said Steve Pate, vice president of operations for the Landover, Md.-based company. "We will close the doors and then return the merchandise to the vendors," he said.