• Oreck Files For Chapter 11
    Oreck Corp., the Nashville-based manufacturer of upright vacuums and cleaning products, has filed for Chapter 11 and may sell its assets in a matter of days, according to court filings. A Chapter 11 filing will allow Oreck to consolidate its assets and restructure its finances as part of an effort to sell the business, the company said in a statement released Tuesday.
  • Converse Store To Open In SF
    Converse is opening a 8,200-square-foot store at Market and 4th Street in San Francisco next month, full of footware and apparel, including a San Francisco line of Chuck Taylor All Stars ($65), and a design-it-yourself facility. This will be the fifth store opened by the Nike subsidiary, joining stand-alone outlets in Santa Monica, New York, Boston and Paramus, N.J.
  • GM Rebuffs Criticism On China
    General Motors Co. is planning to invest about $16 billion on U.S. factories and facilities through 2016, more than it will spend in China, the company said. Last month, GM Chief Executive Dan Akerson said on the eve of the Shanghai Auto Show that planned to invest $11 billion investment for its joint ventures in China. That was an increase from a 2011 outline to spend $7 billion through 2015. This statement may be in response to a Wall Street Journal editorial, "Welcome to General Tso's Motors."
  • Target's Life-Size Doll In Grand Central
    Early this week Target had a 1,600-square-foot dollhouse in Grand Central. The installation, via agency Deutsch, Los Angeles, was put together in 54 hours. The open-plan house has a patio and lawn area that will show off the line household products line. All told, the display has between 3,500 and 4,000 products on display.
  • The Meaning Of Color
    How do colors affect our purchasing decisions? A lot. At the jump, a delineation of brand colors and how 90% of an assessment for trying out a product is made by color alone. The Logo Company has come up with a breakdown that shows which colors are best for which companies and why. Also, an infographic on the science of how colors affect purchases, by KISSmetrics.
  • An Ad Only Kids Can See
    A Spanish organization called the Aid to Children and Adolescents at Risk Foundation has created an ad that displays a different message for adults and children at the same time. "sometimes, child abuse is only visible to the child suffering it," is what people over 4' 5" see. A child sees bruises on the boy's face and a different message: "if somebody hurts you, phone us and we'll help you" alongside the foundation's phone number.
  • Disney Profits Up On Ad Spend, Vacations
    Walt Disney said Tuesday its quarterly profit soared 32% on improving movie studio finances, higher advertising rates at ESPN and longer stays at its theme park resorts.,The Burbank, Calif.-based media giant said Tuesday its net income for the fiscal second quarter rose 32% from a year ago to $1.51 billion as customer demand grew for nearly all of its various business lines.
  • Geico Zooming By Allstate?
    Geico could overtake Allstate Corp. as the nation's No. 2 auto insurer by the end of this year if current trends continue, a new analysis shows. SNL Financial, which tracks data in industries including banking and insurance, said there was less than a half a percentage point difference in the market share between the Geico - a unit of Berkshire Hathaway - and Northbrook-based Allstate, which has been No. 2 for years behind dominant leader State Farm.
  • Five Ways To Boost Social Engagement
    Google+ business account lets you create Google+ Circles, which others will join; LinkedIn Company pages can allow three groups on their page. The aim of this is to encourage more people to join. Mark Mitchell, social media director at UK-based MySocialAgency offers these and other strategies on platforms like Pinterest, Foursquare and Instragram.
  • Yum: 'No Truth To Rumors'
    Yum! Brands Inc. says there's no truth to the rumor that its Chinese division is being implicated in the investigation of a supplier of mislabeled, tainted mutton. Said the company's SVP and chief public-affairs officer, Jonathan Blum, "Somehow, a rumor became the story, and there's no truth to it," Blum said. The story originated with a wire service report about a raid on a wholesale market selling packages labeled "New Zealand mutton."
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