Posted by Dale Buss on December 2, 2013 09:33 AM
American holiday shoppers produced gloomy numbers for retailing's big weekend.
Saab rolls out first sedan under new owners.
Zappos taps former Vogue editor, Andre Leon Tulley, to be artistic director for its couture section.
Amazon floats idea of delivery drones.
Apple's iPhone 5S outsold the 5C three to one in the UK.
Bank of America to pay Freddie Mac $404 million.
BMW and PSA/Peugeot-Citroen will review small-engine alliance.
Burger King imitates Big Mac with Big King.
Chrysler boosts test-drive marketing.
Cracker Barrel sees new healthful menu drive sales.
Esprit plans to launch new fashion brand.Continue reading...
Posted by Dale Buss on November 25, 2013 03:49 PM
With prospects for European auto sales not significantly rosier anytime soon, more companies are taking drastic steps that weren't envisioned even a year ago.
Maybe none is more dramatic than the report that one of the most beleaguered European automakers, France's PSA/Peugeot-Citroen, plans to hire the former No. 2 executive of its archrival Renault to succeed current Peugeot CEO Philippe Varin next year. Carlos Tavares would join initially as No. 2 and then take over the helm, Automotive News Europe reported.
Peugeot reportedly is trying to impress potential equity partner Dongfeng, the Chinese automaker, with its seriousness about making changes as Varin seeks to help his company become less dependent on Europe, where it now sells more than 50 percent of its vehicles. Tavares is the executive who noisily left Renault at the end of August after saying in one of the most public forums available—an interview with Bloomberg—that he thought he was worthy of running an automaker himself and wanted to do so. Renault CEO Carlos Ghosn quickly took note, and his COO was gone.Continue reading...
Posted by Dale Buss on October 4, 2013 09:34 AM
Amazon greenlights three new TV pilots and readies set-top box.
Samsung predicts record operating profit.
Chevrolet tries on Google Glass.
Banana Republic creative director steps down after five years at the brand.
Boeing sees commercial deliveries rise.
Cars.com plans to sit out Super Bowl after six years in Big Game.
Facebook reveals plans for Instagram.
Fiat isn't close to deal with UAW for Chrysler stake.Continue reading...
Posted by Dale Buss on September 23, 2013 09:25 AM
Tesco launches own-brand tablet, Hudl.
Apple sells nine million new iPhones on first weekend, and is named the UK's coolest brand.
Netflix picks up first Emmy.
American Airlines, US Airways extend merger termination date in light of upcoming trial.
BlackBerry explores taking company private and bets future business on services as it haults BBM roll out for iOS and Android.
Bruegger's and Caribou co-brand in growth effort.
Chanel named coolest fashion brand by UK survey.
Darden Restaurant Group makes job cuts.
ESPN launches new ad campaign for SportsCenter.
Fiat plans to buy GM share of their diesel joint venture.Continue reading...
Posted by Dale Buss on September 10, 2013 11:52 AM
Two topics have dominated industry chatter at the Frankfurt Motor Show this week: When will the European market begin recovering? And what's with all the new SUVs that are on display at the show?
Oh, and 'Where's Waldo?' Or, rather, why did Fiat CEO Sergio Marchionne abruptly cancel his planned appearances at the show?
There are signs that sales in Europe at least have flattened out. But while UK car sales rose in August by 11 percent in their 18th consecutive month of growth, that has been a contrast to Germany, France, Italy and Spain, all of which have continued to suffer sales declines.
"Clearly, Europe still has a long way to recover," Jonathan Browning, president and CEO of Volkswagen of America Group, told brandchannel. "Eastern and Central Europe are showing a few more signs of rebound, but they're still relatively weak."Continue reading...
Posted by Dale Buss on September 5, 2013 09:26 AM
JCPenney reportedly shelves Martha Stewart deal.
Samsung unveils Galaxy Gear smartwatch as Qualcomm also enters smartwatch fray.
McDonald's tests higher-priced dollar menu.
Anheuser-Busch InBev partners with University of Illinois for big data edge.
Balenciaga sues former creative director for defaming brand.
BlackBerry seeks buyer by November.
Campbell will launch soup K-Cups next year.
Chobani recalls "fizzy" Greek-yogurt cups.
Covergirl joins NFL's pitch to female fans.
Dunkin' Donuts taps Eli Manning to promote app.
El Chico expands rebranding program.
GoDaddy steps away from jiggle marketing.Continue reading...
Posted by Dale Buss on September 4, 2013 09:14 AM
Kodak officially ends bankruptcy.
Petco launches transformation effort.
Toyota announces hybrids recall.
Amazon unveils new Kindle, Matchbook service.
Bank of America exits China bank stake.
Bison Council pushes acceptance of the meat.
Chick-fil-A offers free breakfast, with reservation.
Chrysler posts 12 percent sales gain in August as all brands ready for US sales reports today.
Google partners with Nestle to name new operating system.
Hershey boosts ad spending and sales have followed.
Johnson & Johnson adds red warning label on Tylenol over dosage concerns.
JCPenney finds love from other hedge funds.Continue reading...
Posted by Dale Buss on August 30, 2013 09:16 AM
NFL gains big victory with concussion-suit settlement.
GM echoes 2020 deadline for "nearly" self-driving car.
Nokia unveils connected-car platform.
Amazon takes tax fight to Supreme Court.
American Standard makes case for staying at home.
Apple slides in survey of ad-agency esteem.
AT&T will expand Aio pre-paid service nationwide in September.
ConAgra Foods says "table is set" for growth.
Farmers Insurance tees up PGA tour pro for humorous approach.
GE set to exit retail lending.
Hertz expands Firefly travel brand into US.
Kia spotlights Soul on Adult Swim shows.Continue reading...