Retailer Zara has yanked a line of offensive children's T-shirt from stores, and apologized. It says the striped shirt, which sported a six-pointed yellow star that says "Sheriff," was meant to invoke the Wild West. Others said it resembled uniforms worn at concentration camps during the Holocaust. It says the shirts will be destroyed.
Dublin-based Ryanair is Europe's largest low-cost airline and the world's most hated airline, may be best known for its no-frills approach to budget air travel. But in a continued departure from that tradition, it's announced a new, flexible business-class ticket. "Your boss will approve," reads the banner advertising Ryanair's the new product, which reverses some of the airline's policies like fees for services like a seat assignment.
Back in May, Apple VP Eddy Cue teased a massive product lineup coming soon, calling it "the best product pipeline that I've seen in my 25 years at Apple." With those products now coming into focus, here's what to expect from its two new iPhones, that wearable wrist computer refreshed iPad Air, a new MacBook, and a giant iPad.
Smith & Wesson says slowing demand hammered its results, with sales in its fiscal first quarter dropping 18% to $131.9 million from $171.1 million in the year-ago quarter. Net income sank 45% to $14.5 million. "We believe that the current environment reflects high inventories industry-wide resulting from channel replenishment that occurred following an earlier surge in consumer buying. That environment, combined with typical seasonality that slows consumer buying activity during the summer, is causing us to lower our financial outlook for fiscal 2015," CEO James Debney says in a statement.
Besides big hair, acid wash jeans and tons of hot pink lipstick, Benefit's latest relies on comedian Anjelah Johnson, also known as Bon Qui Qui from MADtv. The remix of Montell Jordan's 1995 hit "This Is How We Do It" promotes a new line of makeup from Benefit Cosmetics. The ad follows Bon Qui Qui and her wing women as they go out clubbing, where they meet some rivals, with results the comedian says suits Benefit's tagline: "Laughter is the best cosmetic."
Chain Store Age
Nordstrom Inc. is making it easier for its customers to shop on Instagram, becoming the first retailer to launch the Like2Buy platform. The platform, designed to enable a more seamless shopping experience for customers on Instagram, allows shoppers to directly purchase items featured on the retailer's Instagram page.
With pork and beef prices up more than 11% since last summer, you'd think consumers might be stepping away from the grill. But those increases, sparked by disease, drought and rising feed costs, says Iowa State University livestock economist Lee Schulz, don't always scare away customers. "We've really seen higher and higher prices being pushed on to consumers," says Schulz. "But overall, we've seen very robust demand for beef."
Following Minnesota, California is now the second state in the U.S. to require that smartphones come with a built-in "kill switch." The measure requires phones made after July 1, 2015, include a feature that allows phone owners to remotely deactivate their devices until they are located, and is the strongest effort yet to halt smartphone theft. In some California cities, that's said to account for 50% of crimes.
With falling second quarter sales, Best Buy still managed to post $146 million in profit. But with few new electronics products to capture consumers' eyes, the rest of 2014 isn't looking much better. Chief financial officer Sharon McCollam says she expects to see comparable sales decline "in the low single digits" in both the third and fourth quarters, including the crucial holiday shopping season.
The National Rifle Association, a group best known for its male, white, and conservative membership, seems to be courting moms. Why? In recent months, grassroots organizations like Moms Demand Action and its parent fund, Everytown, have emerged as potential thorns in the side of the gun lobby, notching hundreds of thousands of members. So the association's latest ad, "Insult," takes aim at Everytown sponsor and former New York City mayor Michael Bloomberg.