• Wal-Mart To Hold Farmer's Market On Chicago's South Side
    It's the latest salvo in the world's largest retailer's five-year battle to build a supercenter store in the Chatham neighborhood.
  • With Two Deals, Republic Airways Grows Into Big Airline
    Its pending acquisitions of Frontier and Midwest airlines will elevate Republic above the regional contractor level, but it also puts it into direct competition with some the big airlines that now contract with three of its subsidiaries.
  • Saatchi's Seelert Pounds The Competition
    Ray Hoffman of the Wall Street Journal has been interviewing Bob Seelert, chairman of Saatchi & Saatchi and author of Start with the Answer: And Other Wisdom for Aspiring Leaders, on his "CEO Radio" segments for the past week. A few days ago, Seelert recalled how he successfully defended the Maxwell House, Cool Whip and Stove Top dressing brands against attacks by Procter & Gamble, Kraft and General Mills, respectively, when he was an executive at General Foods. Seelert's advice to listeners who are facing competitive sieges of their own? Don't bother calling in …
  • Frozen Yogurt's Hot; Ice Cream Trucks Are Not
    Growth in most retail sectors may be chilled by the recession but frozen yogurt shops are as hot as the midday sun in Southern California, Katrina Brown Hunt reports. The frozen dessert industry has grown by 16% since 2003, according to Market-Research.com, to become a $12.1 billion business -- and much of that growth has been from frozen yogurt. Fro-yo outlets -- especially pump-it-yourself shops -- are expanding at a rapid pace, challenging "full-service" stars Pinkberry and Red Mango, Brown Hunt writes, as well as an increasing number of mom-and-pop (or just dude-and-dude) establishments. "The frozen yogurt …
  • GM Hoping Buick LaCrosse Attracts Younger Customers
    The 2010 Buick LaCrosse, targeted at late boomers aged 46-55, will be a critical launch this summer for the post-bankruptcy General Motors as it attempts to lure younger consumer into its showrooms. The Buick nameplate is currently "associated with plush, easy-driving sedans favored by retirees," Noreen O'Leary and Steve McClellan report. Buick sold just 137,197 vehicles in the U.S. last year for a 1.04% share of market. Cheryl Catton, general director, advertising and promotion for the Buick-Pontiac-GMC division, says that use of non-TV media will be "proportionately higher" in the launch campaign. It will use traditional media to drive …
  • Toyota's New N.A. Chief Admits Automaker Lost Its Way
    Blaming complacency and arrogance, Yoshimi Inaba, the new chief of Toyota's North American operations, admits that the Japanese automaker lost touch with its customers in recent years and is planning to overhaul how it does business here, Kate Linebaugh reports. "Our sense has been always that we listen to the market, we listen to customers, we listen to the dealer. That element is a little bit lost," says Inaba. The automaker's most immediate problem is dealing with overcapacity, analysts say, but Inaba disagrees with those who say that Toyota expanded too fast. "We were having a tough time …
  • Barnes & Noble Expands Online Offerings To Take On Kindle
    Barnes & Noble is challenging Amazon's Kindle e-book service with an expanded online store that will carry more than 200,000 e-book titles for both laptop computers and mobile devices like the BlackBerry and iPhone. It will also provide free access to about 500,000 titles available on Google Books whose copyright has expired, Jonathan Birchall reports, and will be the e-book store for a wireless portable e-reader being developed by Plastic Logic that is scheduled for launch next year. William Lynch, head of BarnesandNoble.com, says the retailer is pursuing "an every-device strategy," and expects to expand to more than …
  • Luxury Hotel Chains Make A Play For Business Travelers
  • Once-Drab JC Penney Taking On Manhattan
  • Denny's Fights The Stay-Cation With Resort Sweepstakes
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