It will be easier for consumers to get out of the grip of Ma Verizon, Ma AT&T, Ma Sprint, Ma T-Mobile and Ma U.S. Cellular under a deal announced yesterday that creates industry standards for unlocking devices so they can be used on another carrier's network once a contract comes of age. Federal Communications Commission Chairman Tom Wheeler brokered the agreement between the Cellular Telecommunications & Internet Association and riled-up consumer groups.» 0 Comments
Think again if you thought there's nothing new about the Christmas tree market since the artificial Christmas tree - now brightening up the aisles at Walmart in sizes to "fit any space" and colors from, well, red, to, for the more traditional, white - first made its appearance.» 0 Comments
Lucky Brand Jeans - a product that trumpets its non-commodity status in its name and has literally done its branding on the fly - was sold yesterday to Leonard Green & Partners, a $15 billion private equity firm based in Los Angeles that also holds substantial investments in J. Crew, Jo-Ann Stores, David's Bridal, Container Store, Petco and Sports Authority, among other companies.» 0 Comments
In moves that Lululemon maintains are unrelated - even if few observers believe that to be the case - founder Chip Wilson stepped down as chairman of the board yesterday as the company appointed Laurent Potdevin, currently president of Toms Shoes, to replace Christine Day as CEO after a six-month search.» 0 Comments
It has been a bumpy ride but the merger between American Airlines and US Airways is expected to reach its destination this morning as several federal courts turned down requests over the weekend by a group of 40 plaintiffs "to stop the merger on antitrust grounds," as the Dallas News' Terry Maxon blogged yesterday, culminating in U.S. Supreme Court Justice Ruth Bader Ginsburg nixing a request for a stay late Saturday.» 1 Comments
"See the USA in Your Chevrolet," indeed, because you won't be able to see Europe in a new Chevy going forward-unless you send the luggage ahead and scrunch up in a Corvette. In an announcement that seemed to catch the industry by surprise, General Motors announced yesterday that it was pulling "the fourth largest global automotive brand" out of the European market with the exception of "select" nameplates such as the Stingray.» 0 Comments
Can an airline tell a customer to go take a flying leap - figuratively, of course - because it thinks he's gaming the system or complaining too much? The Supreme Court will decide.» 11 Comments
On a day when the anti-dronecraft missiles were firing fast and furious toward Amazon's headquarters in Seattle, conventionally delivered goods ordered online enjoyed a flighty 18.8% gain over last year on the shopfest dubbed Cyber Monday, according to the IBM Digital Analytics Benchmark.» 1 Comments
Imagine a world where an "Octocoptor" drone delivers "Beatles vs. Stones" - or, for that matter, a new set of drumsticks - to your door shortly after you've pressed a "30 Minute delivery" button.» 2 Comments
