Posted by Dale Buss on October 28, 2013 09:10 AM
J.Crew is hoping to take London by storm with first UK flagship opening.
Macy's joins Barneys in "Shop & Frisk" scandal.
Toyota remains world's largest car company by volume and stages rollercoaster campaign for Camry
Burger King profit soars on lower costs.
Disney tries a new twist by launching new kids' show on app for tablets.
Dollar General beats Walmart at low prices in survey as chains weigh benefits of mobile checkout.
Emirates Airline ponders $30-billion order for Boeing jets.Continue reading...
Posted by Dale Buss on October 18, 2013 09:22 AM
7-Eleven rebrands to target Millennials.
Nestle pledges zero waste in Europe by 2020.
Sperry Top-Sider unveils clothing line.
AT&T unveils $5 day-pass for tablet users.
Audi sees profit margin halving on investments in new models, report says.
Benjamin Moore stages "haunted hotel" stunt for painters.
Burger King names new CMO.
CVS unveils personalized circulars.
Dr Martens boots brand to be acquired by Permira.
eBay acquires Apple e-commerce exec.
Ford plans sneak peak for new Mustang.
Al Gore once tried to buy Twitter.Continue reading...
Posted by Dale Buss on October 17, 2013 01:58 PM
Is it possible that McDonald's finally has jumped the shark? Its faltering performance has put the iconic chain in the crosshairs of securities analysts and investors lately, and even some of its own franchisees, as well as the predictable coterie of nutrition critics and low-wage-worker advocates.
"I think McDonald's has reached its apex,"said a franchisee in a new Janney Capital Markets survey of 29 McDonald's franchisees. Is he right?
Clearly the world's leading fast-feeder has been struggling for a couple of years under the leadership of CEO Don Thompson, who succeeded a very good run by the initially underestimated former CEO Jim Skinner. Same-store sales in the US and some other markets are barely staying above year-ago comparisons. And while new menu items proliferate, most of them have been for only a "limited time—such as the new Southwest Chicken Premium McWrap—and they tend to slow service.Continue reading...
Posted by Dale Buss on October 7, 2013 09:22 AM
Fiat loses momentum in US comeback.
BlackBerry discusses bids with big-name strategic buyers that would dismember brand.
Macy's rethinks web plans in China.
Allstate outflanks online rivals.
Boston Market offers promotion related to idled government workers.
Burger King sees perception gains after "Satisfries" launch.
C-Span finds interest amid government shutdown.
Chevrolet will limit supplies of new Corvette at first.
Cracker Barrel and Kraft settle trademark differences.
ESPN drops International X Games.
Frito-Lay introduces glow-in-the-dark Halloween packages.
GM prods dealers to sell cars online.
Hershey plans plant in Malaysia.Continue reading...
Posted by Dale Buss on October 3, 2013 04:42 PM
Burger King is staking a lot on fries these days, now extending to a social media campaign in which the chain pretended to change its name—to Fries King.
The brand put photos on Facebook showing the unveiling of a seemingly new corporate identity, with signs on a BK outlet and that sort of thing. Its website shows a redone company logo with an upright pouch of its new Satisfries replacing the familiar stylized hamburger and the words "Fries King" in place of "Burger King."Continue reading...
Posted by Dale Buss on October 3, 2013 09:33 AM
Target launches own pre-paid mobile brand.
Angie's List cuts prices and pursues new members.
Burger King "changes name" in social media posts.
Audi plans to boost booming European subcompact market with Q1, report says.
BMW puts South Africa expansion plans on hold after labor strikes.
BP wins partial reprieve from oil-spill payments.
Budweiser fails to maintain buzz with its iconic packaging, report says.
Chrysler cuts Viper output amid slow sales.
Coca-Cola and PepsiCo are assailed by Oxfam over "land grabbing" in supply chains.
Filippo Berio launches largest-ever ad campaign.Continue reading...
chew on this
Posted by Dale Buss on September 27, 2013 10:52 AM
McDonald's biggest nod toward better-for-you food is already placating some critics, and there's another benefit: Helping kids and their parents eat healthier fare at its restaurants may boost chain sales results that have become tepid lately in the US market.
In cooperation with a Bill Clinton-backed nonprofit, McDonald's has announced a sweeping new commitment to better-for-you eating that includes promoting only water, milk and juice rather than soft drinks for Happy Meals on its menu boards and in advertising, emphasizing nutrition in its packaging and advertising for kids, and offering side salads and fruit to accompany its value meals.
"We think we can influence the purchase of fruits and veggies," McDonald's CEO Don Thompson told the Wall Street Journal. "We have a leadership role and we can be part of a solution. The average person eats at McDonald's three times a month."Continue reading...
Posted by Dale Buss on September 24, 2013 12:52 PM
With fast-food sales still sluggish in the US market, the timing could be pretty good for one of the most important new products from Burger King in years: "better-for-you" french fries.
Mired in a fight with Wendy's for the No. 2 spot in American QSR, and in an environment where only important new items seem to move the same-store-sales needle (and then sometimes only for a while), Burger King today is pursuing "lapsed users" of fries with a new variety called Satisfries that have about 20 percent fewer calories and 25 percent less fat than its regular fries—and 30 percent fewer calories and 40 percent less fat than McDonald's fries.
"It's not realistic to ask people to replace french fries with carrots or celery sticks," Keri Gans, a Burger King dietitian, told USA Today. "This is like meeting people halfway."Continue reading...