Tobacco Giant Puts the Kibosh on Magazine Ads
Philip Morris' cutting back significantly for the rest of the year in what could be a last call for its paid media advertising, is hardly good news for magazine...
Blimpie Swaps Coke for Pepsi
Atlanta-based Blimpie International is dumping Coca-Cola from its 1,900 sandwich outlets for a better deal from Pepsi. Is Coke losing its grip fountain-side?...
Moody’s Cuts Rite Aid, Prematurely?
Moody's Investors Service cut Camp Hill, Pennsylvania-based Rite Aid Corp.'s credit and debt ratings, warning that the struggling number-three U.S. drugstore ch...
Wal-Mart Puerto Rico Acquires Supermercados Amigo
Wal-Mart Puerto Rico has acquired Supermercados Amigo, the number one supermarket chain in Puerto Rico, operating 35 supermarkets and employing more than 4,500....
Coors Seals Deal for Carling, Stirs Other Brewers
Adolph Coors Co., third-largest brewer in the U.S., completed the purchase of the Carling business portion of Bass Brewers from Interbrew S.A. for $1.7 billion....
Anheuser-Busch’s ‘Satin Sheets’ Rates Most Popular During Super Bowl
St. Louis-based Anheuser-Busch Cos. Inc. won USA Today's Super Bowl Ad Meter for the fourth year in a row. Its "Satin Sheets" ad was voted the most popular comm...
Study Finds Kids Love the Internet and Recognize Banner Ads as Bunk
According to a study conducted for Advertising Age by NeoPets.com, a youth-oriented Web site, a majority of children would rather have access to the Internet th...
Oh Thank Heaven for Store Closings and Growth Initiatives
7-Eleven Inc. will close approximately 120 under-performing stores in the first quarter of 2002. It plans on a number of growth initiatives manned by a newly-hi...
Kohl’s Comes up Smelling Like a Rose
In a landscape littered with retail chain downsizing and demises, Menomonee Falls, Wis.-based Kohl's is growing, and at a manageable rate. Analysts wonder when ...
CVS Posts Historic Loss in the Face of Stringent Competition
CVS Corp. based in Woonsocket, Rhode Island, reports its first quarterly loss, a net loss of $133.8 million, compared with year-earlier net income of $206.2 mil...
Addressing Consumers with Faster Sampling Rates
How do you create and distribute new product marketing messages that reach and are acted on by consumers?...
Shoppers Strive for Health and Hearth
What are the most important factors motivating current shopping behavior on a macroeconomic level?...
Talk Magazine Hushes up
New York's Talk Magazine, jointly funded by Miramax Films and Hearst Corp., is closing up shop just two-and-a-half years after its high-profile launch....
Profit Dawns on Amazon.com
Amid all the hoopla around Amazon's strong fourth quarter showing is the sobering reality that this is the first time in roughly eight years of operating that t...
Shift in Consumer Trends Gives Analysts the Slip
Analysts' predictions of retail performance during the holiday season were distorted by an inability to grasp a change in consumers' buying habits, according to...
Amazon tests ‘Treasure Truck’ service In Seattle
Amazon is rolling out a Treasure Truck delivery service in the Seattle area providing consumers with access to limited-quantity goods on sale every day. What do...