• Barbie Slides 21% But Mattel Says There's A Lot Of Sales Left In The Old Dame Yet
    For all she has accomplished, and all the storms she has weathered over the post-feminist decades, Barbie is showing her age at 55. Sales slumped 21% for the third quarter compared to last year, Mattel reported yesterday.
  • Whole Foods Makes A Good, Better, Best Effort To Rate Produce, Veggies
    What could be simpler than "good," "better" or "best" - the new rating system Whole Foods unveiled yesterday to grade the fruits, vegetables and flowers it peddles based on variables such as a supplying farms' use of pesticides, soil health, water conservation policies, clean energy use and workers' welfare.
  • Converse Says Knock It Off To 31 Companies It Claims Knock Off Chucks
    The Nike-owned Converse brand yesterday "called foul" on 31 retailers and manufacturers including Walmart, Kmart, Skechers and H&M by filing 22 trademark infringement suits in U.S. District Court in Brooklyn. As a Huffington Post hed puts it, Converse is suing "Basically Everyone In The World Over Knockoff Chucks."
  • Google Same-Day Delivery Expands; Schmidt Says Amazon Is Main Competitor
    Amazon has a direct competitor, after all - the $365-billion pound gorilla named Google. En route to becoming the first trillion-dollar company by 2020, as one analyst predicts, it intends to continue to invest heavily in its redubbed Google Express same-day-delivery service, which yesterday expanded to the Chicago, Boston and Washington, D.C., metro areas.
  • The Selling Of The American Recovery Amidst Global Woes At The IMF
    The Dow on Friday plunged into negative territory for the year less than a month after setting a new record high but a Wall Street Journal article casting a lens on the global economy tells us that the U.S. "remains a relative bright spot in an otherwise gloomy picture."
  • There Goes 34th Street: Amazon Said To Be Opening Retail Shop On Macy's Turf
    Amazon will open its first retail outlet across from the Empire State Building - and a block east of Macy's fabled flagship at Herald Square - in time for the holiday shopping season, "The Wall Street Journal"'s Greg Bensinger and Keiko Morris report.
  • Murphy Checking Out After Seven Years At Gap; Insider Peck Named CEO
    Glenn Murphy, who led a turnaround at the Gap that has evidently stalled, announced yesterday that he would leave the company early next year, turning over CEO duties to Art Peck, a former consultant and an eight-year veteran of the San Francisco-based retailer who currently serves as president of its growth, innovation and digital unit.
  • Beep! Beep! Peer-To-Peer Comes To The Used-Car Marketplace
    Beepi, a year-old Silicon Valley startup that is truly making lemonade out of a lemon by matching used-car buyers and sellers for 9% of the deal has raised $60 million in Series B funding from venture capital firms by targeting Millennials "who first turn to their phones to solve problems and complete transactions, such as booking hotels on HotelTonight, ordering food via GrubHub or calling for a ride with Uber," as Lizette Chapman reports in the "Wall Street Journal."
  • Chinese Investment Group Buys The Waldorf; Hilton Will Manage For The Next Century
    As much as the sale of the Waldorf Astoria New York yesterday is emblematic of the surge of the Chinese economy, it is also a sign of the re-emergence and enduring value of a luxury hotel brand in the wake of several soft years following the financial meltdown of 2008.
  • Hewlett-Packard To Announce It's Splitting In Two
    Three years after then-new CEO Meg Whitman reversed then-ousted CEO Leo Apotheker's plan to split Hewlett-Packard into two companies, the Silicon Valley stalwart intends to announce just such a rending later today. It will divide into one company selling personal computers and printers; a second will market servers, networking and other products to the corporate market, according to several stories.
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