Super Bowl in a Recession
Super Bowl advertising space isn't selling very well this year, and that is not an encouraging sign for the state of the U.S. economy. The game attracts almost 100 million viewers. This makes the Super Bowl an unrivaled marketing opportunity. More
Wawa Reveals How to Survive a Recession
from Convenience Store News
In its 60-year history, the convenience store industry has weathered recessions, regional slow downs and back-to-back big-chain bankruptcies. But few retailers were as well positioned as they could be when the current financial meltdown started. More
Consumers Get Frugal, So Retailers Get Creative
from USA Today
For years, dietitians have urged Americans to practice mindful eating. Eat slowly. Savor every bite. If eating chocolate cake, make sure it's really good chocolate cake. Now, as the country slogs through the worst recession in decades, consumers are increasingly taking a similar approach to spending. The change shows up every month in retailers' dismal sales. More
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In Lean Times, McDonald's Only Gets Fatter
from Time magazine
Let's face it — there are lots of reasons to hate McDonald's: calories, cholesterol and, for me at least, that queasy feeling after munching on McNuggets. Then there's always that kid at the drive-through who forgets the ketchup. Well, add one more reason to spite Ronald: as the global economy spirals downward, McDonald's is minting money. More
Wal-Mart's Incoming CEO to Expand Environmental Push
Wal-Mart Stores Inc's new leadership plans to expand efforts to reduce waste, use renewable energy and push suppliers to clean up their act, the company's incoming chief executive officer said. "We want to accelerate our efforts in sustainability. We want to broaden our efforts," said Mike Duke, who will become Wal-Mart's CEO on Feb. 1 when Lee Scott retires from that position. More
The Meltdown in Home Furnishings
from The New York Times
Purveyors of high-end furniture are far from the only home-related businesses facing hard times. On Monday, Expo Design Center, the Home Depot spinoff, became the latest among a host of well-known retailers and manufacturers to falter in the current economic downturn. And Wednesday, Condé Nast announced that Domino would join a growing list of home design magazines that have shut down recently, with the March issue its last. More
Whole Foods Institutes No. 5 Recycling
Recyclers with good intentions, but no place to go with their yogurt cups and other No. 5 polypropylene plastics, now have an option. Not until now. These containers, which are not widely accepted at municipal recycling centers, can be dropped off at select Whole Foods Market locations in the Midwest, Northeast and Northern California. Whole Foods Market stores in Florida will join the program in mid-February. More
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Study: Wireless Devices in Stores Found Vulnerable
from Supermarket News
Forty-four percent of the wireless devices used by retailers, such as laptops, mobile computers and barcode scanners, could be compromised, according to a new survey by the Enterprise Mobility unit of Motorola. This represents a decline from last year, when the Motorola AirDefense Retail Shopping Wireless Security Survey reported security vulnerabilities in 85 percent of wireless devices. More
Valentine’s Day Celebrations May Be Less Extravagant, NRF Says
Valentine’s Day celebrations will probably be less fancy this year as a global recession spurs consumers to cut spending on their loved ones. Consumers plan to spend an average $102.50 on Valentine’s Day products, 17 percent less than last year’s $122.98, according to the National Retail Federation. Total spending will reach $14.7 billion, they said. More
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Indiana Bill Would Make Restaurants Provide Nutrition Info
from The Associated Press via The Chicago Tribune
Chain restaurants in Indiana would be required to make nutritional information available to customers at each location under legislation that advanced in the Indiana House. Restaurants with 10 or more locations would have to provide details such as total calories, fat and carbohydrates on each food item sold, either on a posted menu or printed documents. The bill was endorsed by the House Health Committee on a 6-4 vote and now moves to the full House. More
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