Posted by Dale Buss on November 19, 2012 08:59 AM
Hostess liquidation sees opportunists stock up on Twinkies as future of its brands hangs in balance and unions cling to hope of a buyer.
BP seen as takeover target now, as valuation slides.
GM opens $1.3 billion China plant for Baojun budget brand.
Ben & Jerry's turns fans' Instagram pictures into ads.
CCTV ad haul for Chinese television bodes well for economy.
Cisco to buy networking-hardware company Meraki for $1.2 billion.
Citigroup to cut more jobs.
Dish Network is frustrated in dream of breaking into wireless.Continue reading...
Posted by Dale Buss on November 16, 2012 12:02 PM
The retail stampede is on, as early bird shoppers are being wooed this year to become pre-bird shoppers.
Whether Black Friday actually starts on Thanksgiving Thursday at 5:23 p.m., which is when eBay says it starts, or 9 p.m., which is when Target is opening its doors, doesn't really matter anymore. The fact is that America's biggest shopping day is getting a jump on itself, and there's no going back. Neither will retailers trying to get a jump on Black Friday by pre-positioning themselves with shoppers weeks ahead of time as they set their Black Friday plans.
Walmart already has released its Black Friday promotions online — buy now! — telling USA Today that it has bought so "deep" that it will have enough of some of the hottest electronics items — including iPad 2s — to satisfy shoppers who are sure to swarm their stores on Thanksgiving night while the day's slate of NFL games on TV is still playing itself out. Of course, retail workers are outraged, with charges of "pure greed" being bandied about, while at least one Walmart (in Bergen County, NJ) is being forced to close for two hours on Thanksgiving to give staffers a chance to gobble down some turkey.
Walmart and other bricks-and-mortar chains have been shifting more of their deals for Black Friday to the web for some time now. Staples plans to begin on Thanksgiving Day with some special mobile offers. The National Retail Federation projects that fewer Americans will brave physical stores this year than last year — but thanks to the deals and ease of shopping online, they'll spend more.Continue reading...
Posted by Dale Buss on November 16, 2012 11:25 AM
Jokes about Twinkies, Ho-Hos and Ding Dongs may never end. And it's possible that those names and even products, possibly even their parent brand, could live on.
But now, rather suddenly, Hostess Brands, the company that has made them all possible through the decades, has met its apparent end, with the CEO filing for bankruptcy Friday morning, a move he's been threatening while playing hardball with striking workers. The move means the end for the company that brought the world not only Twinkies, but also Wonder Bread, Dolly Madison, and a host(ess) of other branded baked goods.Continue reading...
Posted by Dale Buss on November 7, 2012 09:03 AM
U.S. President Barack Obama wins re-election, defeats Republican Mitt Romney soundly in electoral votes and with slim popular-vote margin, and puts "Forward" campaign slogan to the test.
American Express and NBC Universal try to create "TV commerce."
Del Monte reminds consumers that its canned products meet their needs.
eBay reaches out to auto buffs with new channel.
Famous Dave's plans expansion, mostly in California.
Financial Times seen as going on the block.
Ford pins hopes on Lincoln MKZ to refresh luxury brand.
Goldman Sachs partners pocket $22 million.
Kevin Bacon helps rebrand UK's Everything Everywhere as EE.Continue reading...
Posted by Abe Sauer on November 2, 2012 05:01 PM
China is the second latest economy in the world, every significant brand's future is impacted by its growth (or collapse!); but who's got the time?! A weekly potpourri of ten reads that will make you look like a keen China observer during any conversation about China. This week: 3M, booze trademark wars, Lee's dark side, Oreo pandas, eBay returns, fashion week, iPhone hookers and more… Continue reading...
Posted by Sheila Shayon on November 1, 2012 01:16 PM
Here's to the many brands that have been stepping up in the wake of Hurricane Sandy's devastation on the U.S., providing everything from money to food to power and their employees, products and services to help disaster relief efforts. A partial list of charitable first-responders follows (and if we miss any, please let us know in the comments):
AT&T will extend late-payment windows for wireless and wireline customers, waive late payment fees and not disconnect services because of non-payment, and in an unprecedented open-network arrangement with T-Mobile, will enable roaming to customers of both companies in the impacted areas. AT&T wireless customers can make a $10 donation (up to $50) for Hurricane Sandy relief by texting to relief organizations. AT&T and T-Mobile also joined forces on a wireless roaming agreement, while Verizon Wireless is offering free charging for all cellphones.Continue reading...
Posted by Shirley Brady on October 26, 2012 11:31 AM
eBay has partnered with seven leading fashion designers on an exclusive new collaboration: the eBay Holiday Collective—an original, limited-edition gift collection of men's and women's apparel, jewelry, travel and electronics accessories and home décor items for the 2012-13 holiday season. Starting November 12, the capsule collections will be available globally, exclusively on eBay's fashion portal, at accessible, "Buy it Now" prices from $50 to $100 and will include free U.S. and international shipping. Above, watch designer Steven Alan discuss the partnership, and below, the designers behind the Fallon, Ruffian and Billy Reid labels. Also involved: Chris Benz, Tibi and Jonathan Adler, who taped his own homage to eBay as part of the brand's "eBay Thanks You" campaign:Continue reading...
Posted by Dale Buss on October 24, 2012 09:00 AM
Dow Chemical to slash 2,400 jobs and close 20 plants.
Zynga cuts staff and kills some games.
BBC investigating staff members in Jimmy Savile sex scandal as New York Times public editor calls for scrutiny of incoming CEO, ex-BBC exec Mark Thompson.
AT&T reports slower growth in new customers.
American Airlines expands route network.
Apple finally unveils its new smaller iPad as advertisers and publishers contemplate utility of new model.
BAE faces pressure after collapse of EADS deal.Continue reading...