Check out Campbell Soup Co’s quarterly results . Given the unrelenting, sticky, hot weather that has plagued much of the United States this summer (New York has had its hottest summer on record), it’s hardly shocking that Campbell reported a fall in soup sales. Even so, it’s not just the heat that’s weighing on Campbell’s soup results: Lower-priced store-brands have been ladling away sales for some time now. But Campbell got some help from people drinking more V8 juice drinks.
Continue reading...2. September 2010
Check out Burger King agreeing to be bought for $3.26 billion. Burger King is letting itself be bought out by the relatively unknown New York-based private equity firm, 3G Capital, for $3.26 billion, or $24 per share, net of debt. That is a Whopper (sorry, we couldn’t resist) of a premium – 46 percent – over Burger King’s stock price earlier this week, before all this buyout chatter started.
Continue reading...1. September 2010
Check out the growing U.S.
Continue reading...1. September 2010
Check out the growing U.S. job security.
Continue reading...1. September 2010
Capital One Financial Corp will recognize the top U.S. men’s and women’s college athletics programs in a move to generate fan interest and draw attention to the credit card issuer and bank. The company, which became a top-tier NCAA athletics sponsor in March, announced the launch of the Capital One Cup, a new program rewarding NCAA Division I athletics programs for their cumulative performance across multiple men’s and women’s sports
Continue reading...31. August 2010
With new teams on the way and attendance rising, Major League Soccer has turned to a league-funded program to train its clubs’ new sales staffers to help drive ticket demand. The new 45-day training program, dubbed the MLS National Sales Center, got its start last month with the graduation of 10 trainees to jobs with seven clubs.
Continue reading...31. August 2010
With new teams on the way and attendance rising, Major League Soccer has turned to a league-funded program to train its clubs’ new sales staffers to help drive ticket demand.
Continue reading...31. August 2010
Check out the strong quarterly profit at discount retailer Dollar General . The company, which prices most of its merchandise below $10, posted a stronger-than-expected profit thanks to bargain-seeking consumers who spent more per visit. Company executives talked of building sales momentum during the quarter and sales results in the current three-month period were encouraging.
Continue reading...31. August 2010
Check out the strong quarterly profit at discount retailer Dollar General . The company, which prices most of its merchandise below $10, posted a stronger-than-expected profit thanks to bargain-seeking consumers who spent more per visit. Company executives talked of building sales momentum during the quarter and sales results in the current three-month period were encouraging.
Continue reading...30. August 2010
Starbucks is expanding its Via instant coffee line this autumn with cinnamon spice, vanilla, mocha and caramel flavors. The move comes on the heels of the Seattle company’s rollout of Natural Fusions, a line of flavored ground coffees, at U.S. grocery stores this summer.
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3. September 2010
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