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And, somehow, despite the economic downturn, it doubled its staff. .
But two years ago, seeking to lure customers during the economic downturn, it began trying out grocery areas in its traditional multipurpose stores.
Online ad spending barely missed a beat during the economic downturn; it will grow by 16% in 2011, boosting its share of all advertising to just over 15%.
Even in a downturn it retains mighty economic advantages.
Especially during a downturn it was difficult to borrow.
And in 1973, during another economic downturn, it had to close temporarily.
Ever since, despite the credit crunch and subsequent downturn, it has been fast uphill for Pret.
During the downturn, it had a net loss of 220,000 jobs.
Similar(3)
The group has been conspicuously successful during the downturn - it has clinched 73 deals in the past two years.
And just to make things clear: I never argued that France is experiencing a downturn -- it isn't.
There are at least four possible ways to explain such a broad downturn: *It is a cyclical move for a cyclical industry.
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