The company managed to announce and release the new software on the same day, although some users initially experienced technical issues that left them unable to access their subscriptions. Although that problem was quickly resolved, it prompted new CEO Andrew Anagnost to issue an apology to all Autodesk customers. AutoCAD includes a new feature called Save to Web and Mobile that helps to enable a seamless workflow across all devices. The new feature lets users save drawings to the cloud and then open them in a web browser or on a mobile device. The first time either of these commands is used, there is a prompt to install the Save to Web and Mobile Extension. Once it has been installed, there is an option of making desktop files available to the AutoCAD web and mobile apps.
If they can truly provide premium programs with a high return on investment, they will be able to continue to charge high tuition. What they must not do-if they want to survive-is stand still.
Hollowing Out In retail, Sears, JCPenney, Gap, and J. Crew are teetering. The Loehmann's department store chain, a New York institution, declared bankruptcy, sold all its stores, and is now an online retailer. Meanwhile, dollar stores everywhere are thriving.
In dining, Olive Garden and Red Lobster are struggling. Foot traffic at midtier casual dining chains has dropped in every quarter except one since 2005. According to John Maxwell, head of the global retail and consumer practice at PricewaterhouseCoopers, clients are focusing on either high-end products and services or rock-bottom prices: "As a retailer or restaurant chain, if you're not at the really high level or the low level, that's a tough place to be.