Alexandra Klein

Special to


  • "Nearcation" Trend Helps Hershey Park Stay Sweet Thursday, 13 Aug 2009 | 5:21 PM ET

    American Express  says the "nearcation" is one of the top travel trends of 2009. Hershey Park and Resorts has benefited from this travel craze due to its location and business model, according to its CEO Ted Kleisner.


    Want to have an hour-long massage session for only $30? How about a 37-inch HDTV for a mere $289? These deals are attracting customers to a new wave of web sites that use group action to sell products and services for a percentage of their original price. These discount sites have found a way to profit in an economy in which most retailers are struggling.

  • JC Penney Makes Manhattan Debut Friday, 31 Jul 2009 | 11:09 AM ET

    After a century in the business, JC Penney finally made its move to Manhattan with the grand opening of a three story store in Herald Square today. While other big retailers like Macy's and Bloomingdales have been hit by the recession, Penney is relying on the struggling economy to generate its success.