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Japan, Others Ban Chicken From U.S.
Japan, South Korea, Singapore and Malaysia have placed bans on U.S. poultry imports after an outbreak of bird flu was discovered in Delaware over the weekend.
Starbucks Sues Over Name
Starbucks has filed a copyright infringement lawsuit against a competitor in Shanghai for using its shared name in China.
Sales Up At Sears In January
Sales at Sears were up 4.6 percent during January.
Apple’s CFO Anderson To Retire
Fred Anderson, Apple Computer’s chief financial officer since 1996, will retire on June 1 and join the company’s board. Peter Oppenheimer, senior vice president of finance and corporate controller has…
Del Monte Sells Pet Food Brands
Del Monte Foods is selling its VD, Medi-Cal and Techni-Cal pet brands to Royal Canin for a deal reported to be worth $82.5 million.
Small Latte Stands Tall Against Starbucks
Java Junction is a small drive-thru latte stand in Redmond, Wash. that proves you don’t have to be Starbucks to make it in the coffee retailing biz.
New Time Warner Center Opens In NY
Manhattan shoppers got to experience the shops and features of a new mall with the opening of the Time Warner Center at Columbus Circle.
Autonation Streamlines Business
The 287-store car dealership chain, Autonation, is consolidating back-office accounting functions and looking for other ways to streamline its business.
JCPenney Gets Bids For Eckerd
JCPenney is said to have received bids on its Eckerd drugstore chain from CVS, Jean Coutu and investment bankers. It may decide to not negotiate the deal if the bids…
Stop & Shop Exec To Run Giant Also
Ahold is turning over management of Giant Foods to executives at Stop & Shop in Quincy, Mass. Stop & Shop’s chief executive Marc Smith, will run both businesses.
US Bans Asian Birds
The U.S. has banned all poultry imports from Asia in response to the bird flu epidemic.
GameStop Pulls N-Gage From Stores
GameStop announced it will remove Nokia’s N-Gage game deck from 450 of its stores.
Local Laws May Limit National Alcohol Promotions
Laws being passed by local governments in the UK seeking to curtail bar promotions that are being blamed for incidents of late night disorder may essentially put an end to…
Target Sales Up In January
Target Corp’s total store sales were up 11.9 percent in January. Same-store sales increased 5.1 percent.
Pepsi Profits Up
The low carb craze apparently hasn’t hurt Pepsico’s bottom line as the company announced earnings per share were up 12 cents from the same period in the year prior.
Wal-Mart Same-Store Sales Grow
Wal-Mart reported that sales at stores open at least a year were up 5.7 percent in January.
Experts: High Probability Of More Mad Cow Cases
An international panel of experts appointed by the USDA says there is a high probability of more cases of mad cow in US.
Spiegel Needs More Time For Reorg
Spiegel has asked for a delay – it’s third – to file a reorganization plan with U.S. Bankruptcy Court.
Marks & Spencer In RFID Success
The UK’s Marks & Spencer chain announced it is following up on the initial success of tests using radio frequency identification technology.
Music Sales Rebound
Sales of pre-recorded music grew in January as discounters lowered prices and consumers turned to legal downloads on Web sites such as Apple’s iTunes Music Store.
Wal-Mart Honored For Providing Hispanic Opportunities
Hispanic Magazine has named Wal-Mart as one of the top 100 companies offering opportunities for Hispanics.
Home Depot Wins EPA Award
Home Depot announced it has been named the winner of the National Product Campaign Award from the U.S. Environmental Protection Agency (EPA) for its support of two national energy saving…
January Retail Sales Are Up
Cold weather is being credited for some higher than expected retail sales in January as consumers rushed out to buy clothes to keep them warm.
Rats Beat Colon Cancer With Beer
A new study from Japan, funded by the Kirin Brewery, shows beer appears to fight colon cancer in rats.
IRI Has New CEO
Scott Klein has been named as the new chief executive and president of Information Resources Inc. Mr. Klein was previously with EDS.
Colgate’s Profits Up
Colgate-Palmolive reported a nine percent increase in overall profits despite the company’s North American business profits being down 24 percent.