Correction: Carat Lost Only Portions Of Hyundai, Pfizer
May 25, 2007, 7:30 AM
Thursday's story, "Sears Win Validates MPG, Marks Yet Another Blow For Carat," inaccurately implied that Carat lost all of its Hyundai and Pfizer accounts. Carat lost only the local dealers portion of the Hyundai account due to reorganization at the client, and continues to handle its national media services. Carat also continues to handle Pfizer's pharmaceutical business, but lost its consumer products division when that was merged with Johnson & Johnson, which consolidated the account.