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Target warns studios over digital movie pricingTarget has sent a sharply worded letter to movie studios expressing concern that new movie download services like Apple Computer's iTunes are getting better deals from studios on digital copies of movies than retailer gets on DVDs, according to the Wall Street Journal.
In the letter (subscription required), Target President Gregg Steinhafel said that the retailer had become aware that "some movie studios have made new-release movies available to download service providers at lower cost" than DVDs, allowing the downloaded movies to be sold to the public at lower prices.
Steinhafel said the retailer, which accounts for about 15 percent of the big studios' DVD sales in the U.S., did not object to competition but wanted "a level playing field." He went on to say that if Target didn't receive what it considers to be equitable pricing from the studios it would reconsider its investment in the DVD business, suggesting the retailer might cut back on shelf space, promotional programs, signage and other aspects of marketing discs.
The letter followed similar complaints from Wal-Mart, which in August expressed its own share of concerns about Apple's iTunes movie initiative and demanded studios offer it the same pricing granted to Apple.
However, the Journal reports that Wal-Mart has since softened its stance after Apple chief executive Steve Jobs complained in a telephone call to Wal-Mart chief executive Lee Scott about what he considered to be Wal-Mart's anticompetitive behavior. The retailer presently commands around 40 percent of DVD sales in the U.S.
"Fearful of possible legal ramifications, Wal-Mart executives called studio executives and told them Wal-Mart recognized the studios could pursue whatever sales channels they wished, these people say," the report states.
Citing people familiar with the ongoing movie pricing battle, the Journal also reported that studios are eager to put off any escalation of the pricing battle until after the important holiday sales season for DVDs.
"People familiar with the situation say that Apple, too, believes it probably will have to wait until after the holiday season to bring other studios behind Disney into the iTunes fold."
Retailers like Target and Wal-Mart typically pay $17 or $18 wholesale for new-release DVDs. But under Apple's recent deal with Disney, electronic copies of new Disney movies cost consumers as little as $12.99 if preordered or purchased in the first week of release, or $14.99 after the first week of release.
"People familiar with the matter say Apple pays Disney a wholesale price of about $14.50 per movie," the Journal said.


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Comet Cleaners, located at 410 W. Division Street, was recently featured by the City of Arlington during its Customer Appreciation Week at City Hall.
Comet Cleaners first opened in Downtown Arlington in 1960. Since then, the business has made sure generations of Arlington residents look their best.
The store is open from 7 a.m. until 7 p.m. Monday through Friday, and 8 a.m. until 6 p.m. on Saturday.
About Customer Appreciation Week
The City’s Planning and Development Services Department is seeking to partner with 12 Downtown businesses and help bring awareness to the goods and services they offer through a “Customer Appreciation Week” event each month this year. Sponsorship opportunities are available on a first-come, first-serve basis.
The City will highlight the business sponsor with the following:
- Display company name, address, and a message from that business on the information screen at the One Start Development Center, located on the second floor of City Hall.
- A promotion table displaying their brochures/menus/flyers.
- Acknowledgement on City’s Small Business Assistance webpage.
To be considered as a future Customer Appreciation Week sponsor, please send an email to email@example.com detailing the nature of your business and any questions you may have. The City will send you a reply email with sponsorship details, including which month your business will be featured.
Reprinted in partnership with the City of Arlington. Photo by the City of Arlington.

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A competition on black bass fishing in "No kill" in Continental Water, organized by the High Commission for Water and Forests and the Fight Against Desertification in cooperation with German Development Cooperation from 16-16 November 2018 Dam Pond Moulay Abdellah (Tamri, Agadir Province), brought together 80 Moroccan fishermen from, like 20 fishermen from France, Germany, Belgium, Spain, Netherlands.
The purpose of this collection according to a news sent to LeVert.ma is to highlight Morocco's commitments for the development of sustainable fisheries in the context of climate issues and to promote this sustainable tourism component at regional level and to create a platform for exchanges with relevant stakeholders to structure attractive products that cater to the needs and requirements of tourist fishermen.
The program established a fishing village for the benefit of the public and included information kiosks on fishing activities, a presentation of local products, sophisticated fishing equipment, training sessions. initiation for fishing and roundabouts around the promotion of the tourist fishery of the black base, Enter the organizers in the same press release.
It should be noted that this event is part of the HCEFLCD Sustainable Fisheries Strategy, which aims to position Morocco, and especially the Souss Massa Region for Black Bass Fishing, as an African flagship destination by 2020.
OHCHR's Strategic Plan (2015/2024) has established new guidelines and set as one of its goals to make sport fishing and tourism an income-generating and employment-generating activity, especially through the promotion of fishing tourism in rural areas.
The development of this tourist niche according to the value chain method consists of a combination of services and services (housing, catering, entertainment, local products, etc.) around a fishing pipeline.


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Yearly Archives: 2014
- December 22nd, 2014
As 2014 ends, many experts in the industry are giving their thoughts on what the New Year will look like from an IT security perspective. From the top ten malware threats to a growing list of security challenges, you’d be forgiven for thinking that CIOs and CISOs face an uphill battle in 2015.
- December 18th, 2014
As 2014 draws to a close, many in the InfoSec community are looking back on what has been an eventful past 12 months.
In both scale and sophistication, 2014 has been a game changer. In the first nine months alone there were as many as 1,922 confirmed incidents with criminals managing to compromise 904 million records*. Household names, from Sony and Home Depot to JP Morgan and Kmart, have been compromised and new, ever more potent forms of malware have risen to the surface.
- December 16th, 2014
Digital business is blurring the lines between the digital and the physical worlds, disrupting all industries and redefining the role of IT. This was the theme at the recent Gartner Symposium ITXpo in Barcelona, where Avecto unveiled Defendpoint as part of its global launch roadshow to an audience of over 5,000 CIO and senior IT decision makers.
- November 27th, 2014
As America recovers from Turkey overload this Thanksgiving, thrifty shoppers are dusting off their credit cards to satisfy an altogether different appetite – the appetite for a bargain. With Black Friday already upon us and Cyber Monday just around the corner, online retailers are offering their most tempting holiday deals.
- November 24th, 2014
We’re all used to hearing about malware threats, with new variants of existing malware families appearing on a seemingly daily basis. What is far less common though is a totally new threat appearing, especially one that has apparently been operating unchallenged since 2008. Research published by Symantec describes just this; a new “ground breaking and almost peerless” malware threat known as Regin.


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By Laura Petrecca and David Lieberman, USA TODAY
The do-it-yourself ad trend has been passed from the Super Bowl to another TV big event: the Academy Awards.
To promote its new Cream Oil Body Wash, Dove will air the winner of its online contest for women to create a 30-second ad for Sunday's Oscar broadcast on ABC.
It's pricey time to risk on an amateur: 30 seconds cost about $1.7 million this year (nearly $57,000 a second) — up about 3.2% from 2005 and 100% from 1997, according to Nielsen Monitor-Plus.
Dove, a unit of Unilever, provided tools, such as product shots, at DoveCreamOil.com to be combined with consumers' video. About 1,000 ads, a selection of which are posted online, were entered by the Jan. 15 deadline. Dove then named three finalists — the winning ad won't be known until it airs.
Dove's contest follows similar amateur ad efforts by Doritos, Chevrolet and the National Football League that aired Feb. 4 in the Super Bowl (where 30 seconds cost $2.6 million).
Dove bought 30 seconds ahead of its winning ad so Grey's Anatomy star Sara Ramirez can introduce the ad and its creator. "I like the fact that Dove is doing a preamble," says John Moore of ad media buyer mediaHUB. He says it will help the new product's ad stand out.
Moore also says the expected 40 million viewers, second only to the Super Bowl audience, makes it perfect for launching a product.
"It's a huge platform," he says.
It's attractive to Madison Avenue not only for its size, but also because the audience is typically 60% women. ABC's show is expected to have more female viewers that night than all ad-supported cable networks combined.
Among major advertisers returning are Coca-Cola, MasterCard and Kodak. This year, ABC says many sponsors want ads on the official Oscar.com website it runs with the motion picture academy, in addition to the TV spots. Among TV and online advertisers: Dove, Olay, J.C. Penney, AT&T, General Motors.
Advertisers looking for multiple platforms also were offered positions in ABC's first ad-supported Oscar content on cellphone. Mobile content includes photos, winners and host Ellen DeGeneres' opening jokes.
Dove is a multiplatform veteran. Its Oscar ad is part of its TV, online and print "Campaign for Real Beauty" that began in the USA in 2004. Its theme is self-esteem and debunking stereotypes of beauty with images that have included "real" girls and women from age 8 to 96.
It has worked: Dove brand sales were up 10.1% last year to $589 million, according to Information Resources, and growing 12.5% to $535 million in 2005.
"We thought the next step would be to let real women tell us what they want in their ad," says Dove Marketing Director Kathy O'Brien. "We love the contrast of Dove real women against the glitz and celebrity of the (Oscars)."


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News articles about Asbury Automotive Group (NYSE:ABG) have trended positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Asbury Automotive Group earned a media sentiment score of 0.47 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.1542969896912 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of equities analysts recently commented on ABG shares. Zacks Investment Research cut shares of Asbury Automotive Group from a “hold” rating to a “sell” rating in a research note on Thursday, December 28th. Craig Hallum lifted their price target on shares of Asbury Automotive Group from $55.00 to $67.00 and gave the stock a “hold” rating in a research note on Wednesday, February 7th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $63.40.
Asbury Automotive Group (NYSE:ABG) opened at $68.80 on Tuesday. Asbury Automotive Group has a 52 week low of $49.10 and a 52 week high of $76.40. The company has a market cap of $1,430.00, a PE ratio of 10.36, a P/E/G ratio of 0.91 and a beta of 1.58. The company has a current ratio of 1.25, a quick ratio of 0.38 and a debt-to-equity ratio of 2.60.
In related news, Director Juanita T. James sold 1,500 shares of Asbury Automotive Group stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $66.16, for a total transaction of $99,240.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Craig T. Monaghan sold 15,000 shares of Asbury Automotive Group stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $68.57, for a total transaction of $1,028,550.00. Following the sale, the director now owns 86,112 shares of the company’s stock, valued at approximately $5,904,699.84. The disclosure for this sale can be found here. Insiders have sold a total of 45,075 shares of company stock valued at $3,090,893 in the last quarter. 11.90% of the stock is currently owned by company insiders.
ILLEGAL ACTIVITY NOTICE: “Asbury Automotive Group (ABG) Earning Positive News Coverage, Report Shows” was first published by BBNS and is the sole property of of BBNS. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://baseballnewssource.com/markets/asbury-automotive-group-abg-earning-positive-news-coverage-report-shows/1891695.html.
About Asbury Automotive Group
Asbury Automotive Group, Inc is an automotive retailer in the United States. As of December 31, 2016, the Company owned and operated 93 new vehicle franchises, representing 28 brands of automobiles at 77 dealership locations, and 23 collision centers in the United States. In addition, as of December 31, 2016, it owned and operated two standalone used vehicle stores in Florida.
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Tesla's recall-filled 2021 isn't over quite yet. Bloomberg reports Tesla has issued recalls for just over 475,000 vehicles to fix defects in camera systems and trunks. To start, the automaker has recalled all Model 3 cars in the 2017 to 2020 model years over a concern repeated use of the trunk may wear down a coaxial cable for the rearview camera — too much use and you may lose the signal entirely.
The other recall covers 119,009 Model S sedans in the 2014 to 2021 model years. A factory misalignment of the front trunk (aka frunk) latch assembly can prevent a secondary latch from working properly, increasing the chances the trunk will pop open mid-drive.
The Model 3 flaw doesn't exist in 2021 and newer production runs, while Model S drivers are safe if their EVs were built after December 23rd, 2020. You'll have to visit Tesla to get a fix, but the company will compensate anyone who paid for relevant repairs before the recalls took effect.
None of the defects led to crashes or injuries, Tesla said. However, the recalls cap a series of issues that include an NHTSA investigation over Autopilot safety, recalls for components like touchscreens, and complaints about build quality problems like panel gaps. Simply speaking, the company developed more of a reputation for less-than-stellar reliability in 2021, and it's not clear when that situation might improve.


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Kim Kardashian facing lawsuit over beauty line
Los Angeles, July 26 (IANS) Reality TV star Kim Kardashian is being sued by Danish make-up artiste Kirsten Kjaer Weis over her KKW Beauty line.
According to a report on entertainment portal tmz.com, the make-up artiste has accused Kim for ripping off her cosmetics brand and their KW logo
As per documents obtained by tmz.com, Weis says Kim’s cosmetics logo is confusing consumers.
She says the problem is Kim’s products bear the ‘KKW’ logo – similar to Weis’s ‘KW’.
In the lawsuit, the organic cosmetic creator says Kim’s infringement is “knowing, willing and deliberate”. Weis wants the court to immediately block Kim from using ‘KKW’, and to award her all of Kim’s profits and punish her by making her pay damages.
Sources connected to Kim’s make-up line assert that she consulted several veteran trademark attorneys when launching her KKW line to ensure there were no violations. They are confident that KKW Beauty in no way infringes on Weiss’s brand.


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New look Regatta enters Australian waters
Oceania Cruises, the world’s leading culinary and destination-focused cruise line, today welcomes the recently refurbished Regatta to Australia. Now the cruise line’s second largest global market, she will sail a variety of itineraries within our region over the next few months.
Following in the footsteps of her sister ships, Insignia and Sirena, Regatta has undergone a dramatic rejuvenation as part of the cruise line’s OceaniaNEXT initiative that encompasses the inimitable style and comfort for which the brand is renowned.
OceaniaNEXT encompasses the most comprehensive suite of product and guest service enhancements that the brand has ever undertaken, kickstarted in 2018 with a USD$100 million investment to completely transform its four most intimate 684-guest R-class vessels.
Emerging from drydock on 22nd September 2019, Regatta has made her way to local waters via the South Pacific as part of her repositioning cruise. After cruising New Caledonian waters, she visits Brisbane today before reaching Sydney on 6th December, giving guests and trade partners a firsthand opportunity to experience the refurbished ship.
Highlights of Regatta’s re-inspiration include re-imagined menus featuring more authentic regional flavours and local wines; dramatically transformed public spaces; refurbished restaurants and lounges featuring fresh furniture, lighting and ocean-inspired colour palettes; and brand-new staterooms and suites.
All accommodation on board Insignia, Regatta and Sirena have emerged with new bathrooms, closets, desks and vanities, sofas, chairs and tables, lighting and mirrors, upholstery, carpets and drapes, and state-of-the-art technology including interactive TV systems and USB ports.
Regatta’s stunning re-inspiration will be followed by Nautica in June 2020 – the last of the R-Class fleet to be refurbished. Already renowned for being cruising’s destination specialists, delivering The Finest Cuisine at Sea™ onboard a fleet of intimate and luxurious ships, the OceaniaNEXT programme has been designed to provide new and repeat guests with even more reasons to discover the world the way they have always dreamed with Oceania Cruises.
“It is a very exciting time to be introducing the new-look Regatta to our market. We have had an incredible year full of exciting initiatives as part of OceaniaNEXT, including the announcement of Aquamar Spa + Vitality Center, which will debut on board Regatta while she is in Sydney for the second time on 6th January 2020. It’s these kind of enhancements to the guest experience that see Oceania have one of the highest-repeat cruising rates of any line,” said Senior Vice President and Managing Director Asia Pacific of Oceania Cruises, Mr Steve Odell.
“We are lucky to be one of the first regions in the world to experience the re-inspiration of Regatta, which boasts 342 brand-new designer suites and staterooms, and stunning new décor in her restaurants, lounges and bars inspired by Oceania’s 450 ports of call,” continued Mr Odell.
“The re-imagination of these four stunning vessels is just the beginning,” explained Mr Odell. “We have many surprises and delights to reveal in 2020 and beyond as part of the OceaniaNEXT initiative, which we cannot wait to unveil.”
During her 2019/20 season, Regatta will embark upon a series of scenic Australasian voyages, including the 15-day Reefs to Romance itinerary departing Sydney on 6 December, visiting Airlie Beach, Alotau and Bali, and the 14-day Outrageous Outback itinerary departing Sydney on 6 January where she’ll call on Eden, Milford Sound and Auckland. February 2020 sees Regatta heading to the South Pacific for some immersive island itineraries before repositioning to Alaska for the 2020 season.
For further details please call Oceania Cruises on 1300 355 200 (AU), 0800 625 691 (NZ), visit OceaniaCruises.com or contact your travel agent.
Source: Read Full Article


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Ulthera Inc., a
Ulthera, Inc., a therapeutic ultrasound medical device company serving the aesthetics market, today announced that it has received $22.5 million in a Series B round that was led by New Enterprise Associates (NEA). Existing investor 3i also participated in the round.
“There is a large, rapidly-growing market for cosmetic procedures, and Ulthera's technology appears to have several distinct advantages over existing energy-based offerings, including greater predictability of results and shorter procedure times,” said Chip Linehan, NEA General Partner, who will join the Ulthera Board of Directors. “NEA is excited to partner with Ulthera's founders and its strong, experienced management team as the company advances its pipeline of potential products utilizing this innovative technology platform.”
“As Ulthera executes our global product development and commercialization strategy, we welcome the expertise NEA brings to the company and are very pleased to have Chip join our Board,” said Matt Likens, President and CEO of Ulthera. “Clearly the company will benefit from this substantial capital infusion but we will benefit just as much from the support that NEA and our Series A investor, 3i, can provide.”
“The company has developed a micro-ablation device that safely penetrates and treats multiple layers of tissue non-invasively,” stated Likens. “Ulthera's technology is the first to combine high frequency ultrasound imaging and therapeutic treatment in a single device. This unique approach enables visualization of target layers of sub-epidermal tissue immediately before the therapeutic level of ultrasonic energy is delivered, allowing physicians to see where they are working below the skin. The epidermal layer of skin is completely spared, while deeper treatment immediately triggers the body's natural healing effect, resulting in a gradual lifting and tightening of skin tissue in and around the face.”
Paul Badawi, a director of 3i, reiterated 3i's continuing support of Ulthera and its promising technology platform. “With Ulthera's patented 'See and Treat' approach to cosmetic improvements, patients can receive optimal energy placement and minimal impact to surrounding and intervening skin tissue,” said Badawi.
The company received a CE Mark (European Conformity approval) for the Ulthera


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By Ari Vanrenen
Today (March 10), PG&E and Ford Motor Company announced a collaboration exploring how Ford’s new F-150 Lightning electric vehicle (EV) — the first commercially available light-duty truck with bidirectional charging technology — can interact with the electric grid and provide electric reliability benefits to PG&E customers.
One in five EVs in the country are on the road in PG&E’s service area of Northern and Central California, where customers are often early adopters of new clean energy technologies.
A pilot will test how the Ford-150 Lightning EV can interact with the grid to support electric reliability.
PG&E and Ford will test the F-150 Lightning and its Intelligent Backup Power bidirectional charging capabilities in providing backup power for customers’ homes in PG&E’s service area. Intelligent Backup Power, making its debut on F-150 Lightning, gives customers the ability to use bidirectional power technology from their all-electric truck to provide up to 10 days of power to their homes during an outage, depending on home energy usage. The first installations of Ford’s Intelligent Backup Power are beginning in spring 2022, supported by Sunrun as Ford’s preferred installation partner.
Through this early adopter opportunity, PG&E will explore how Ford’s Intelligent Backup Power technology interconnects to the electric grid, which is necessary for the truck’s battery to power the home, and how it can support customer resiliency during grid outages. Additionally, PG&E expects to learn more about the overall customer experience to help inform future collaborations as this emerging technology becomes more readily available.
“Today, we are seeing breakthrough opportunities at the intersection of the energy and transportation industries. As more electric vehicles and new charging technology become available, it is critical that we better understand how EVs can interact with the electric grid and how we can best support our customers. Through collaborations with automakers like Ford, we are innovating together for a cleaner, safer and brighter future for all,” said PG&E Corporation CEO Patti Poppe.
While EVs already provide customers with cleaner air and reduced maintenance costs, among other benefits, testing emerging technologies to optimize EV integration with the electric grid could provide further value to all PG&E customers. Beyond the initial deployment with a small number of customers’ homes, PG&E and Ford plan to explore additional use cases and potential for bidirectional charging technology in support of PG&E customers and the grid.
Supporting EV adoption in California
Increasing EV adoption can play a critical role in supporting California’s goals to reduce emissions as transportation is the single largest source of greenhouse-gas emissions in the state, contributing nearly 40%. Passenger vehicles alone account for nearly 29% of the state’s total emissions. By 2035, 100% of California sales of new passenger cars and trucks will have zero tailpipe-emissions.
One in five EVs in the country are on the road in PG&E’s service area of Northern and Central California.
The electricity fueling EVs in California comes from one of the cleanest energy mixes in the country. PG&E estimates that 93% of its customers’ electricity in 2021 came from greenhouse gas-free resources.
PG&E supports its customers’ EV adoption. Through its EV charging infrastructure programs, PG&E helps to reduce one of the biggest barriers to EV adoption—the lack of available places to charge. PG&E helps increase access to EV chargers for customers across light-, medium- and heavy-duty vehicles through its EV Charge Network, EV Fleet and EV Fast Charge programs.
Additionally, PG&E offers electric rate plans tailored for EV drivers and provides tools such as PG&E’s EV Savings Calculator and Fleet Calculator (ev.pge.com and fleets.pge.com) to help customers understand costs when deciding whether to use an EV.
For more information, visit pge.com/ev.
Email Currents at Currents@pge.com.
PG&E Encouraging Eligible Customers To Sign Up for Monthly Energy Discount Program
PG&E Bolsters Safety by Implementing and Evolving Wildfire Mitigation Measures
'Climate Positive’ by 2050: PG&E’s New Climate Strategy Report Outlines Targets and Milestones on Path to Net Zero Emissions and Beyond
As California’s Traditional Fire Season Starts, PG&E Turns on Enhanced Powerline Safety Settings Across All High Fire-Risk Areas
Collaborating for a Clean Energy Future: California’s First 100% Renewable Multi-Customer Microgrid Is Now Operational


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Kia is calling back 51,641 of its Soul compact hatchbacks from the 2014 model year because they could experience a loss of steering ability.
According to NHTSA, a plug that secures the pinion gear to the steering assembly could come loose because a thread-locking adhesive was improperly applied during assembly. If that happens, the vehicle can lose its steering.
In documents filed with NHTSA, the South Korean automaker said it will replace the plugs through its dealer network at no charge to consumers. The company also promised to reimburse owners for repair expenses they already paid related to the defect.
The recall campaign is scheduled to start this month and owners can expect to be contacted by Kia asking them to bring their vehicle in for service.
Discuss this story at our Kia Soul forum


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Get our introductory offer at only
*$0.99/month for first 3 months
$29.90/month for the next 9 months
VOLKSWAGEN, whose global emissions-cheating scandal put the future of diesel engines in doubt, expects consumers to return to the embattled technology - and soon.
Its chief executive officer Matthias Mueller told reporters on Monday at the Geneva International Motor Show: "...


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The Opera web browser has announced that it will be integrating TRON’s TRX tokens and other TRC-standard tokens into its native cryptocurrency wallet. This according to a Medium blog post, May 15, 2019.
The Future Internet
Opera has rather warmly taken to blockchain and cryptocurrency over time, the Norway-based software firm believes that the technology quite rightly fits into its Web 3.0 vision, and has made solid strides toward adopting the nascent yet burgeoning tech.
In December of 2018, Opera became a blockchain-based web browser, which included the integration of a cryptocurrency wallet that supported Ether and other ERC-20 standard tokens. The move also enabled easy access to the numerable dApps that have been emerging, which is a massive step for the industry and ecosystem as a whole.
In its blog post, Opera describes the need to make Web 3.0 “inclusive and user-friendly for people around the world.”
Krystian Kolondra, EVP at Opera, Head of Browsers said:
“TRON is a popular, quickly developing blockchain with a swiftly growing dApp ecosystem. We are happy to open our browser to it, ”
Now, with TRON being supported, Opera users have access to the myriad TRON game and dApps in the browser as well as previous Ethereum-based offerings. That said, Opera doesn’t intend to stop there. As per the blog, Opera has further plans to integrate more blockchains over the next twelve months, though it hasn’t specified which just yet.
“By opening products to multiple blockchains, we are accelerating the mainstream adoption of Web 3.”
Third Generation Web
Web 3.0 is somewhat of a mystery as much as it is a reality in the world;


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President Xi Jinping encouraged the Harbin Institute of Technology to make continuous efforts in reforming, innovating and striving for excellence in a letter congratulating it on the 100th anniversary of its founding.
Harbin city witnessed significant improvements in its air quality during the first five months of 2020.
Harbin will complete the construction of 3,918 new 5G stations in the first half of 2020.
To meet the demand for public cultural services, the Museum of Heilongjiang Province, the Northeast China Martyrs Memorial Hall and the Heilongjiang Museum of Ethnology will reopen on June 3.
Harbin commerce bureau launched an e-commerce shopping festival on May 29 to boost internet economy.
The Harbin section of the 1,209-kilometer Beijing-Harbin Expressway -- which connects China’s capital city to Harbin in China’s northernmost Heilongjiang province -- is currently expanding.
With the normalization of the novel coronavirus epidemic, passenger flows at Harbin Taiping International Airport have steadily rebounded.
From January to April, the overall operation of Harbin Comprehensive Bonded Zone showed rapid development.
Harbin regained the honorary title of "National Civilized City" on Aug 21.
Harbin Economic and Development Zone recently issued measures for the innovative development of the industrial chain.
The Harbin area of China (Heilongjiang) Pilot Free Trade Zone recently moved to streamline its small business licensing regulations to help stimulate the zone’s economy.
Heilongjiang province will leverage all its formidable array of natural advantages to develop its popular winter tourism.


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One of the big fears of investors right now is that companies that have performed particularly well during the most intense stages of the COVID-19 crisis will not be able to match their pandemic-fueled sales as a result. of the pandemic. Those favorable winds pushed these outperforming stocks to extreme highs last year after the March 2020 crash. Now they’re giving back some of those gains.
Wholesale Costco (NASDAQ: COT) posted above-average sales growth throughout 2020. But even as the vaccination rate in the United States increases, the warehouse club retailer is not returning to the single-digit percentage growth rates it does. generally recorded before the advent of COVID-19. For its third quarter of fiscal 2021, which ended May 9, Costco announced a 22% year-over-year sales increase.
More in-store purchases, less online
The report, released on May 27, extended a streak of impressive quarters. Adjusted comparable sales increased 15.1% with a 12.5% ââincrease in customer traffic. In contrast, e-commerce sales increased by 38% (excluding currency). While still impressive, this was a deceleration from the 66% online growth in the previous year, as well as in the intervening quarters. People return to stores more often and rely less on delivery. This may mean that they stock up more when they shop in-store. Investors need to keep an eye on how this dynamic is affecting the business, but so far at least Costco is profiting from the resurgence of in-store shopping.
Costco also became more profitable, in part because it had less spending related to the pandemic. COVID-19 costs fell from $ 0.47 per share in the third quarter of fiscal 2020 to $ 0.09 per share in the latest report, which helped earnings per share rise 46% d ‘year after year.
As usual, membership renewal rates were around 90% and membership fees were 2% of total revenue.
How long can Costco keep it?
Sales growth above 20% is unusual for Costco, but this period of strength may not be over. Revenues from its ancillary businesses, which were operating at low speed or completely shut down during the pandemic, are slowly picking up even though their core business remains strong.
Inflation is also emerging. On the fiscal second quarter conference call, CFO Richard Galanti estimated that inflation would impact 1% to 1.5% for this fiscal year, and on the third quarter conference call, he more than doubled that forecast range to 2.5% to 3.5%. . This could cause some inflation for the company’s fiscal fourth quarter as it would raise prices.
Despite the phenomenal report, Costco shares fell slightly immediately after the release. This reaction may have been due to the stock’s high valuation – over the past few months it has lagged nearly 40 times earnings – and investors’ belief that Costco will not be able to keep its price going. current momentum.
But the company’s status as an essential retailer with affordable products means it is well positioned to perform well under adverse circumstances, and that’s how it turned out. But don’t look for a slowdown in growth just yet.
New growth opportunities
Long-term growth opportunities exist for Costco, particularly in the number of its stores. The company is set to open 21 new stores this year while aiming to add 20 to 25 in each of the next five years. Galanti said the chain could support 35 new stores per year, but it likes to take it slow. This guarantees continuous and steady growth in the years to come.
The company opened its first store in China in August 2019, and at the end of the fiscal third quarter, Galanti estimated there were 400,000 members for this location. The company plans to open two more stores in this market over the next two years.
Ancillary businesses are still not operating at pre-pandemic levels, giving Costco another engine of sales growth as the economy continues to recover in the United States and other countries.
Take it all together, and it’s clear Costco can maintain its exceptional performance in the short term, leaving it stronger than ever in a post-pandemic environment.
This article represents the opinion of the author, who may disagree with the âofficialâ recommendation position of a premium Motley Fool consulting service. We are heterogeneous! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.


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Posts tagged with 'BillShrink'
Companies that can reliably outperform their competition have a huge leg up in a tight market. And drawing attention to that fact can be a great marketing strategy. Cellular provider T-Mobile is so confident in its low prices that
it began a huge push this week, sending consumers to an independent search engine to check their prices against the competition. But now it looks like that search engine might not be entirely unbiased.


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As reported in yesterday's Boston Globe, compared to national averages, Massachusetts physicians are less likely to receive payments or items of value from pharmaceutical companies and less likely to be heavy prescribers of brand-name drugs. The Globe article relates to a ProPublica analysis of physician prescribing patterns and payments from the pharmaceutical industry. To perform the analysis, ProPublica researchers tapped into two important sources of information about prescribers collected nationwide: information on payments received by physicians from pharmaceutical and device manufacturers (available through the Open Payments website) and Medicare Part D prescribing data. The analysis was limited to data from both sources for 2013 and 2014 (with only limited data available from Open Payments for 2013).
Overall, the analysis found that doctors who receive payments from pharmaceutical companies prescribe a higher percentage of brand-name medications than those who do not. Additionally, those who receive greater payments tended to prescribe more brand-name medications. In Massachusetts, however, physicians were less likely to receive any payments from pharmaceutical and device companies than the national average. Additionally, Massachusetts physicians were less likely to prescribe high rates of brand-name medications, whether or not they received payments from industry sources. In Massachusetts, 3.7% of doctors who accepted payments from industry prescribed brand-name drugs at high rates, whereas 2.6% of doctors who did not accept payments prescribed branded drugs at high rates.
One potential explanation for the difference in Massachusetts, as pointed out by Dr. Aaron Kesselheim of Harvard Medical School, is the prevalence of academic medical centers in Massachusetts. Many of these institutions limit or prohibit gifts from industry to their physicians. Though not addressed in the article, state laws may also play a role in the number of physicians accepting payments from industry. Massachusetts has a Gift Ban Law (M.G.L. c. 111N) prohibiting many types of payments from pharmaceutical companies to prescribers. Two of the other five states with the lowest percentage of physicians receiving payments from industry, Vermont and Minnesota, have also enacted state laws to limit such payments. Maine, also among the five states with the lowest rates of industry payments, previously had a payment disclosure law that was repealed in 2011.
Prescribers, hospitals, and health systems need to be aware that numerous groups are using the Open Payments and the Part D prescribing data to analyze prescribing practices of both groups of physicians and individual physicians. What was once a black box has now been opened to the public eye.


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Remember Project Genesis? That was Chrysler's internal name for its push to consolidate all of its dealerships into single outlets carrying the automaker's entire line of Chrysler, Dodge and Jeep vehicles. That laudable goal was a big deal last year when the automaker sought to streamline its model line and bolster the cachet of each of its brands. Today? Not so much. Detroit's number tres is concerning itself more with keeping lights on and the doors open.
Chrysler's Project Genesis plan has been gaining traction as of late. The goal is to cut out redundant models between the Chrysler, Dodge and Jeep brands, which would also mean consolidating its entire product line into one dealership which offers all three marques. While there are some dealership owners fighting the strategy, The Detroit News reports that Chrysler already has fifty-eight percent of its dealerships offering its three brands, and its been able to cut out some smaller, less profit


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Nearly 42 million online shoppers, or 31 percent of the population nationwide with Internet connectivity, already have completed the holiday shopping they will do over the Internet.
The findings, part of a weekly report from Goldman, Sachs & Co., Harris Interactive and Nielsen//NetRatings, revealed that excluding travel, consumers last week spent $2.7 billion online. This was an 18 percent weekly increase and an 85 percent jump from the year-ago period.
“With Hanukkah beginning three weeks later this year as compared to last year and retailers extending shipping deadlines, we're looking forward to continued growth and a solid overall holiday season,” Nielsen//NetRatings senior analyst Abha Bhagat said in a statement.
In that report, another 46 percent of shoppers claimed they had started their online shopping. Only 24 percent reported having not begun their online holiday shopping, according to the survey conducted Nov. 29 to Dec. 5.
The survey of 800 to 1,700 online shoppers randomly chosen from Harris' online panel of survey respondents showed a high degree of customer satisfaction with their Internet shopping experience this year.
For example, 38 percent said they prefer shopping online rather than in stores to avoid crowds. Thirty-five percent cited item prices being lower on the Internet as the reason for shopping online. Twenty-eight percent said it was easier to compare products and prices online as well as more convenient than traveling to stores.
Finally, 26 percent noted the wider selection of products available on the Internet for why they bought online.
Overall, 42 percent said they were very satisfied with the 2003 holiday shopping season, a 10 percentage-point increase over last year.


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For years, media headlines have declared the death of the high street at the hands of e-commerce. But, while several well-known retailers have indeed shut up shop or cut back on store numbers, a growing number of digitally native brands are investing in bricks-and-mortar spaces to complement and support their online offer.
At the last EuroShop, the World´s No. 1Retail Trade Fairtrade, were already first signs that Pure Player and online start-ups are also increasingly looking offline. 3 years later, at EuroShop 2020 from 16 to 20 February in Düsseldorf, Germany, this will now be one of the major topics of the industry.
In fact, a report published by property firm JLL towards the end of 2018 predicts that online retailers in the U.S. will open 850 stores over the next five years, demonstrating the value these brands place on having a physical presence. “Everyone is saying that physical retail is dying, but online brands are opening at a pretty fast and aggressive rate,” says Taylor Coyne, Research Manager of Retail for JLL, in the report.
Despite the continuing growth in online sales, the majority of consumers still prefer the experience of shopping in-store, and more and more digitally native brands are using physical retail to their advantage.
Online and offline: Best of both worlds
In the U.S., online eyewear company Warby Parker opened its first physical retail space in 2013 (three years after it was established) and now operates more than 90 stores across the U.S. and Canada. It is often cited as one of the first digitally native brands to understand the complementary relationship between online and offline channels.
More recently, digital-first beauty company Glossier has generated huge global interest with its pop-up shops, showrooms and flagship store in New York City, which has been likened to “adult Disneyland”, offering an otherworldly experience.
Even online giant Amazon – the great enemy of the high street – has moved into bricks-and-mortar retail with Amazon Books, Amazon Go and Amazon 4-Star.
These companies, among many others, are streamlining what they have and making the experience of the store the focus, claims Coyne.
Glossier’s three-storey flagship in New York, which opened towards the end of last year, is designed as an immersive community space where customers can get to know the brand and each other. Created in collaboration with Gachot Studios and architecture firm PRO, the space enables customers to hang out with “offline editors”, test and shop products, and immerse themselves in a Glossier universe. According to an article in The New York Times, the store offers what are quickly becoming the three Cs of the digital era: community, conversation and content.
In Europe, Polish footwear e-commerce retailer Eobuwie.pl has also recently stepped offline with a new proposition that seamlessly blends the digital and physical on the high street for an exciting, easy-to-shop alternative to traditional footwear stores. Designed by UK-based Dalziel & Pow, the digitally enabled store has no physical product on the shop floor. Instead, customers search and order shoes on interactive touchscreen tablets, which are then delivered from the vast stockroom via a racking system behind the cash desk.
“This ambitious and challenging concept blends the convenience of online shopping with the fast fulfillment of bricks-and-mortar,” says David Dalziel, Creative Director of Dalziel & Pow, which has also worked with online brands Missguided, Boden and Joe Browns.
According to Dalziel, service and theatre are engrained into these new propositions, often breaking rules of hospitality, staffing, commission and consultation, to elevate the customer experience.
Experience, adds Dalziel, is at the heart of the new brands to physical space, and when the physical space supports the web offer, the results can be powerful.
Return on Experience
Today, understanding the true benefits of opening bricks-and-mortar requires reassessing the role of the store and re-thinking traditional measures of retail success, claims Michelle Du-Prat, Co-Founder of Household Design. “Customers increasingly trial products in-store and purchase online, therefore retailers need to move away from sales per square foot as a measure of success and recognise the role of the store beyond this – driving online sales, building brand love, nurturing long-term customer loyalty.”
For Nigel Collett, Chief Executive Officer at architecture and design consultancy rpa:group, it’s now about focusing on the return on experience rather than return on investment, where short-term income is demoted in favour of creating authentic long-term relationships. “Arguably, online brands aren’t driven by the ROI of given location, but look at the wider impact; the halo effect,” he notes.
The Halo Effect
Interestingly, a new report in the UK into the so-called “halo effect” suggests that retailers that do not maintain a bricks-and-mortar store in a catchment alongside a transactional website typically experience 50 per cent lower online sales compared to those retailers that do have a physical presence. The research, by CACI, found that sales are an average of 106 per cent higher inside the catchment of a physical store, rising to 124 per cent in sportswear, 127 per cent in fashion and 154 per cent in electronics.
Since Eobuwie.pl launched its digitally led stores in Eastern Europe (now totaling six with more in the pipeline), the company has increased its turnover by a substantial 70 per cent.
In a similar study in the U.S. looking at how bricks impact clicks, it was found that opening one new physical store in a market results in an average 37 per cent increase in overall traffic to that retailer’s website, compared with web traffic prior to the store’s opening. Furthermore, the study suggests that the halo effect produces the opposite result when stores close, as web traffic tends to fall.
“When planning, retailers need to consider how the presence of brick-and-mortar locations – places where consumers can not only see merchandise up close but also interact with sales staff and even make returns – sustains the mutually beneficial relationship between physical and digital retail,” says the report, published by the International Council of Shopping Centers (ICSC).
Digitally native vertical retailers such as Allbirds and Casper, which have opened bricks-and-mortar stores for categories ranging from menswear to mattresses, show how physical locations are an indispensable part of the retail mix, concludes the ICSC report. “Brick-and-mortar stores are places where brands can make genuine connections with consumers who are considerably more informed today than they were yesterday.”
Casper – the global sleep company founded in 2014 - first launched a suite of pop-up shops across North America in 2017 following customer demand, before opening its first permanent space at the beginning of 2018. “The demand to experience our products in person has continued to grow exponentially,” said Casper Co-Founder and CEO, Philip Krim at the start of the retail expansion. “Casper retail environments allow us to seamlessly traverse online and offline, which we believe is paramount to an exceptional customer journey.”
Online lingerie company Adore Me also moved into bricks-and-mortar in 2018 following frequent requests from its customers. “With our growth trajectory, establishing physical retail in more cities across the U.S. was an excitingly natural step for us,” says Iris Voltaire, Business and Brand Development Manager at Adore Me. “We believe the demand for brick-and-mortar stores is related to the emotional and intimate aspect of trying on lingerie in person. We want to offer customers the option to come into our physical store, let them touch our product and fabrics, and get a personal one-to-one fitting with our stylists.”
In the end, it all comes down to experience. To build a successful store, retailers should differentiate with an experience signature, advises Nathan Watts, Creative Director at FITCH. “What does this brand stand for, and how is that relevant for the customer? Based on that, choose locations and offerings with the care and thoughtfulness of an online retailer. Less can be more in terms of store locations and openings, because it helps focus and prioritise investments into the experience, rather than widespread investment and generic experiences all round.”
Ultimately, consumers want a seamless shopping journey, and retailers should therefore be looking to integrate their online and offline channels to ensure a consistent brand experience. “The real opportunity is when brick and click are not oppositional but integrated touchpoints to be enjoyed and used as part of the overall customer experience,” says Watts. It is not a question of whether online or offline have a future, but how brands use both in a meaningful way.
Especially for Pureplayer EuroShop is the ideal platform to find all solutions necessary for the operation of stationary shops. This applies not only to technology, but above all to store design, shop fitting, visual merchandising, lighting and digital marketing solutions for the point of sale. At EuroShop, the entire range of all necessary components will be covered to turn shopping worlds into worlds of experience for the customer.
EuroShop 2020 is open to trade visitors from Sunday, 16 to Thursday, 20 February 2020, daily from 10.00 am to 6.00 pm. 1-day tickets cost EUR 80 (EUR 60 purchased in advance online/e-Ticket), 2-day tickets are EUR 120 (EUR 100 purchased as e-Tickets) and season tickets are EUR 180 (EUR 150 e-Tickets). Admission tickets include a free return trip to EuroShop on all networks of the VRR transport authority (Verkehrsverbund-Rhein-Ruhr). www.euroshop.de
Also take a look at the EuroShop online magazine, which offers news, interviews, reports, expert articles, studies, photo galleries and videos on topics and trends from the international retail community 365 days a year. mag.euroshop.de


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Shankara Building Products Ltd said that it has inaugurated of its 116 th store under the ‘Shankara Buildpro ’ brand at Silk Street, Calicut.
“Shankara Building Products, a leading organized retailer of home improvement and building products in India , today announced the opening of its 11 6 th store under the ‘ Shankara Buildpro ’ brand at , Silk Street , Near Bombay Hotel, Calicut – 6 73001,” the company said in a filing to the Bombay Stock Exchange.
The store admeasures 2,2 00 sq.ft. and with this new store , our retail presence spans across a total area of 4, 16 , 0 03 sq. ft.
Meanwhile, shares of the company were trading at Rs 1421 apiece, up 0.59 per cent from the previous close at 15:00 hours on BSE.


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Tetherball, Vivotech partner on contactless mobile loyalty programs
Mobile loyalty and rewards service provider Tetherball has teamed with Vivotech to offer its recently introduced RFID-based mobile loyalty programs to existing users of Vivotech’s contactless reader technology.
The companies formed the collaborative alliance to accelerate mass-market adoption of mobile loyalty programs through contactless redemption using existing handsets. Consumers place an RFID sticker on their mobile phone and text in a code to opt in to receive offers from a retailer, which they can redeem by waving their phone in front of a contactless reader.
“We’re focused on making mobile loyalty programs radically simple for consumers and for retailers,” said Jay Highley, president and chief operating officer of Tetherball, Indianapolis. “We make redemption accessible at the point of sale without adding incremental hardware costs and complexity.
“This alliance we’ve formed with Vivotech, the largest manufacturer of RFID and a global leader in NFC, is making it easy for our clients to leverage RFID technology using their existing contactless readers,” he said. “Retailers can put that investment to work to drive incremental traffic and revenue to their store through these mobile loyalty programs.
“The concept is to close the loop by letting consumers redeem rewards and help retailers validate them in real time via a RFID-based mobile loyalty program that is simple and easy to use, with no downloading of apps necessary.”
Tetherball’s goal is to help clients—national retailers and ad agencies—drive customer loyalty through mobile coupons, rewards programs, sweepstakes and notifications.
Vivotech is a software provider of near field communications mobile-phone payments, over?the?air provisioning of promotions and payment cards and smart-poster applications. Vivotech’s investors include Citi, First Data Corp., Motorola Ventures, NCR and Nokia Growth Partners.
The company has shipped more than 550,000 contactless terminals to more than 35 countries worldwide. Approximately 140,000 merchant locations in the United States have deployed close to 500,000 of Vivotech’s contactless readers.
Redemption goes contactless
By integrating traditional marketing methods such as calls-to-action via in-store advertising, customers are engaged to sign up for mobile loyalty rewards programs offering promotional discounts and rewards points for purchases or visits.
Upon joining, customers are given a Tetherball Tag powered by Vivotech technology, a tiny RFID chip that is affixed to their current mobile phones that uniquely identifies them through Tetherball’s technology platform.
Tetherball clients are then able to send offers to their customers via standard text messaging. Offers are redeemed electronically using existing in-store contactless point-of-sale terminals or stand-alone contactless kiosks provided by Tetherball.
Many brands have been deeply involved in mobile loyalty.
Qdoba, a Mexican “fast-casual” quick-service restaurant franchise specializing in burritos, has added a mobile rewards program to its traditional loyalty card program (see story).
Dairy Queen ran a mobile rewards loyalty program using radio-frequency identification — RFID tags — to send coupons and offers to consumers’ handsets (see story).
In its second attempt at a mobile loyalty program, HotBox Pizza turned out better results with the help of Tetherball (see story).
“The move to contactless is an inexpensive add-on to the technoglogy retailers already have deployed,” Mr. Highley said. “This solution would let them add a very inexpensive plug-in add-on to their current POS that could instantly enable them to read mobile loyalty tags from Tetherball.
“Retailers get accurate real-time redemption information, and across all of our clients we’ve seen just under 20 percent redemption rate and less than 10 percent opt-out,” he said. “Mobile loyalty affords retailers the opportunity to create direct engagement with consumers who have raised their hand and said ‘I want to participate.’
“Loyalty is not just about coupons, it’s about forming an interactive and trusting relationship that transfers value to the consumer.”


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My last article talked about the economy not doing what economists think it should be doing given the low unemployment, rising interest rates, lagging wages, consumer spending, and more. Because of these seeming contradictions, it’s becoming harder to predict what will happen next and what should be done to put the economy on an even keel.
To all of this, we can now add the credit rating agencies getting involved. Recently Fitch Ratings lowered America’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from AAA to AA+. While that is something to be considered, it won’t have much of an impact on your business.
What may have an impact is Moody’s Investor Services downgrading the credit rating on a number of regional banks. Specifically, Moody’s downgraded the rating for Amarillo National, Associated Banc-Corp, BOK Financial, Commerce Bancshares, Fulton Financial, M&T Bank, Old National Bancorp, Pinnacle Financial Partners, Prosperity Bank, and Webster Financial Corp.
This downgrade will make it harder for these banks to provide the full spectrum of financial services their customers need. It will make getting loans from the above institutions more expensive if even possible. It means if you are a customer of one of these banks, they will be looking for more financial information about your business before a current loan is renewed or a new line of credit is granted. Indeed, if you are a customer of one of these banks, now is the time to start having discussions about any financing they are providing to your business.
By the way, there will probably be more banks that have their ratings downgraded, so if your bank isn’t listed above, it would be good to start having conversations now, just in case.
Why are the downgrades happening? Banks use their deposits to make loans to finance business investments and payment of interest. In addition, banks sell bonds to raise additional capital for these purposes. With a downgrade of their credit rating, it will be more difficult to get anyone to buy those bonds so they will have to increase the interest the bonds will pay. For the banks to better protect their investment in business, they are going to be making sure that investment has a high probability of being repaid.
With the continuing increase in interest rates, these smaller regional banks need to pay out higher amounts of interest to hold their deposits. Other financial instruments have been moving faster to offer higher interest rates, as they don’t have specific deposits to protect; rather these new instruments are seeking “new” dollars to invest at even higher rates of return. This creates a potential drain of deposits from smaller regional banks.
Beyond the threat of deposits leaving the regional banks, they need to pay competitive interest on the remaining deposits. Depending on how those remaining deposits are invested, that too can lead to a drain if the interest being charged is less than the interest paid.
In addition to the pressure of having to pay increased interest, there is also the increased probability of loan defaults. The Wall Street Journal reports mortgage delinquencies in multi–family structures remain relatively low, but are increasing. Apartment building investors bid up building prices during the pandemic, seeing the rapid increase of rents leading to the prospect of large returns when selling the property. Much of the financing for multi-family structures was short-term, and now property owners can’t afford the revised payments, so a number of properties are going into default.
Another probable impact on your business is the shutdown of Yellow Freight. They made the announcement they were ceasing all operations in early August. Yellow was one of the largest less-than-truckload (LTL) freight carriers in the country. It is possible Yellow was a favored trucking company used by the bicycle distributors from which you source products. There are other LTL carriers that will fill the void left by Yellow’s closing, but the removal of a major competitor will likely lead to an increase in freight charges, so don’t be surprised when you see an increase in the cost of your landed bicycles.
On top of that, United Parcel Service recently entered into a new contract with the Teamsters. Carol Tome, the CEO at UPS, said the contract provides industry-leading pay and benefits for their employees. As a result, it’s probable you’ll see increases in the rates charged by UPS.
And if all of this wasn’t enough to worry about, the price of oil is once again on the rise. In the last six weeks, benchmark crude prices are up 21 percent, and are projected to go even higher. Already many freight companies are adding fuel surcharges, some updating the amounts weekly.
This is a double-edged sword. With the price of oil going up, meaning gasoline will become more expensive, maybe people will park their cars and buy a bike. However, with the cost more to fill the gas tank, there may not be enough left in the personal budget for a new bike.
Here is one more thing to navigate in your business — inflation shows signs of being on the rise again. The Federal Reserve said the consumer price index rose at a 0.2 percent rate in July, the same increase seen in the previous month. This brings the annual rate to 3.2 percent over the last 12 months, certainly below the 9.1 percent peak from June 2022, but still above the 2.0 percent target. That’s the good news.
The so-called core inflation, sans food and energy, is up at an annual rate of 4.7 percent, and services (less energy) rose 6.1 percent in the last 12 months. The Federal Reserve paused interest rate increases last month, but it seems more increases may be needed.
The average mortgage rate hit a 20-year high, almost 7.1 percent during the week of August 14. Keep in mind, the increase in oil prices mentioned above and rising credit card interest rates are also having an impact; maybe not immediately but that is coming, too.
There is a corresponding pullback in consumer spending. For example, Target reported June sales were down 7 percent year-over-year. Conversely, consumers still seem to be willing to buy discretionary goods as long as they are cheap. Yes, Target’s results last quarter were affected by the Pride Month controversy, but the contrast of 6 percent sales growth at T.J. Maxx last quarter is instructive. Even Target’s first quarter, which wasn’t impacted by the backlash, sales in apparel, electronics, and appliances fell by three percent. Yet T.J. Maxx and Dollar Tree saw sales increases of three to 3.5 percent.
What does all of this mean for the inventory retailers have on hand? For the additional inventory distributors would like dealers to take? For terms they are offering? Take a look at your business and its needs. Talk to your banker to make sure your financing requirements remain safe and affordable. Talk to your shipping companies to make sure you understand their thinking about rates, and begin shopping around if necessary. This is not a time to assume all will end well, especially since the things written about here are mostly out of your control.
Contact Steve Bina: firstname.lastname@example.org


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Organisations are failing to protect themselves adequately from threats posed by the Web 2.0 world.
While Web-based threats have become more common in recent years, businesses are still focused on e-mail threats, according to study carried out for security vendors Webroot.
The survey looked at 648 organisations in the US, UK, Australia and Canada, and found over a third thought their employees spent at least an hour per day on non-work-related sites.
Businesses are taking measures to protect against e-mail-based threats, but they are not yet attuned to the greatest threat vector today: Web-based threats driven by employee Web use," said Mike Irwin, COO of Webroot.
"We found that Web-borne malware increased over 500 percent in 2007 as cybercriminals developed new ways to attack on-site and remote employees through personal Web mail accounts, social networking sites and other Web 2.0 applications. In the current threat environment, businesses must utilise a Web security solution that provides an additional layer of in-the-cloud protection for corporate and mobile users."
The study notes that 85 percent of malware is now distributed through the Web and cited industry research that shows 49 percent of businesses allow employees unlimited access to social networking sites that do not monitor their content for malware.
"Employees and businesses regularly use blogs, Wikis and other online information sources that are more susceptible to hackers and infections because they include content from numerous anonymous contributors, rather than one trusted source," said Irwin.
"However, awareness is only just beginning to grow among the IT professionals responsible for protecting these organisations. Nearly 30 percent of the IT decision-makers we surveyed did not know if their organisation or its employees are using Web 2.0 applications."


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Like many other consumer-oriented businesses, Wyndham Worldwide Corp., was targeted by hackers in search of personal consumer data. At least three data breaches, involving customer information and credit card numbers, occurred between 2008 and 2010.
Wyndham, which operates a chain of moderately-priced hotels across the country, was hit with a suit earlier this month by a group of investors, for breach of fiduciary duty, and squandering company resources.
The shareholders’ complaint alleges that the hotel chain’s directors and officers, “unreasonably and unnecessarily exposed consumer’s personal data to unauthorized access and theft.” The suit alleges that databases stored credit card data without scrambling the numbers, failed to disclose security breaches to investors until years after they had occurred, including failing to mention the incidents in SEC filings, and then hired pricey outside investigators to determine what had happened.
Complainants allege that, “the defendants’ failures to implement appropriate internal controls at WWC designed to detect and prevent repetitive data breaches have severely damaged WWC,” and that Wyndam’s failure to appropriately protect consumer data has damaged the company’s reputation, which in turn has harmed their investment as shareholders.
According to Bloomberg News, Wyndham’s representative fired back that it was not, “clear that these shareholders have suffered any legally cognizable harm or damages.” The company claims it has taken steps to improve cyber security throughout its system, and has made protecting consumer data a significant priority for the future.
Whether your business is privately held or publically traded, you need an attorney who understands the importance of protecting your client, supplier, and vendor data and information, establishing sound corporate policies and procedures, and protecting your company’s rights if breaches occur. James J. “Jim” Thomas II has more than 35 years of experience advising Georgia businesses and handling complex business litigation. Jim can also help you with the analysis, evaluation, and resolution of existing and potential litigation in all aspects of business law. Visit www.litigationatlanta.com online or give Jim a call at 404-869-5248 to set up a free consultation.


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There were reports of severely limited Wii U consoles on launch day in the UK, and the first sales numbers seem to confirm those reports.
According to MCV, the Wii U sold 40,000 units in the UK during the first 48 hours on the market, completely selling out at retailers. The Wii U will trickle into stores throughout the rest of the year, but “abundant supplies” are not expected until the New Year.
Additionally, it’s reported that 90% of the consoles sold were the Deluxe model, and that Wii U software attach ratio is about 2:1, meaning that for every console sold, two games were sold. These numbers exclude sales of digital software on the Wii U eShop. We recently posted a complete list of all the eShop titles available in the UK.
The Wii U sold 400,000 units during its first week on the market in North America, and it’s unclear how many units were sold in other European territories. We’ll have to wait for official sales numbers from Nintendo.
- Nintendo of America has a question for you
- Playtonic Games reveals new character in Yooka-Laylee
- Nintendo showcases all Smash DLC in new video
- Japanese Wii U sales plummet with no new games
TAGS: Nintendo, Nintendo UK, wii u, wii u launch, wii u sales


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Workers who may perhaps have been exposed to the virus have to abide by C.D.C. guidance on social distancing, remaining at the very least six feet from co-employees and probable prospects. If they display symptoms, they should really be despatched property immediately and all surfaces at the office ought to be cleaned and disinfected, according to the pointers. In addition, any person who arrived in just six ft of an employee with prospective exposure need to be notified and considered to have also been uncovered.
Labor advocates like Marcy Goldstein-Gelb, the co-executive director of the Nationwide Council for Occupational Security and Overall health, say the new tips may perhaps motivate employers to strain employees to return to their employment far too quickly, normally without having sufficient security or shell out.
“It’s a entire reversal of the plan that the C.D.C. has for the public,” Ms. Goldstein-Gelb stated. “It disregards the reality that, appropriate now, workers are dying each individual day needlessly in unconscionable quantities.”
Grocery stores are amongst the remaining higher-chance transmission details for the disease now that numerous other industrial firms have been closed. The workforce are in regular get hold of with buyers at checkout, behind counters and as they inventory cabinets along the aisles. Greater retailers can accommodate from 800 to 1,200 individuals a day, and served as lots of as 10,000 a working day just right before the country shut down in March, when panicky shoppers feared shortages.
Mr. Perrone stated he visited 8 retailers in Northern Virginia past week and was “appalled” by the hazards he noticed, which includes several personnel and customers without having masks and people in near get in touch with with just one a further. He said, at the extremely least, everyone coming into a retail store must use a mask. The C.D.C. proposed in early April that everyone dress in cloth facial area coverings in retailers, but the plan is voluntary.
Personnel are also imploring shoppers to get far more treatment whilst in suppliers. They say lots of have been throwing utilized gloves and wipes in carts and on floors for staff members to select up. Numerous shoppers are nonetheless searching with their palms and not their eyes and blaming workers for lack of items on cabinets.
“The fear that we feel is completely real,” mentioned Gregg Finch, 44, a Quit & Store generate clerk in New York, who extra that consumers will have to assist in the energy to “keep absolutely everyone in all of our retailers secure.”


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Ginimbi Did His Business In Very Unusual Ways | OPINION
15 November 2020
By Discent Bajila
- He was the CEO of Piko Trading Group which owns four companies namely Pioneer Gases, Quick Gases, Rivonia Gases, and City Center Freight. Besides himself, no other board member of any of these companies is known. Even after his tragic death, none of his companies has released a statement saying anything about the death of the CEO. While there is absolutely nothing wrong with this, it is very UNUSUAL for multimillion-dollar companies to have no known bureaucracy and to deffer an opportunity to publicly mourn their CEO.
- Piko Trading Group and all its subsidiaries sell products and services that are wanted by many people in the countries where they are stationed. USUALLY, for such companies to grow fast they need to have top class systems for marketing and customer support. They say “Companies do not advertise because they are big. They are big because they advertise”. The world’s richest oil and gas tycoon is Mukesh Ambani. His companies do website, gloss, billboard, and other digital forms of marketing. Even Harare-based gas companies like Intergas, BOC Gas, Master Gas Energy, etc have these USUAL attributes of a modern business. However, Piko Trading Group and all its subsidiaries have no website, no officially designated public relations manager, and no network of depots where new and prospective clients can access the product. One wonders how they built and kept a clientele that made the millions. Again, while there is nothing wrong with this, it is very UNUSUAL.
Angitshongo ukuthi ngithini. Phela sekungaze kuthiwe sengithe mina ngingathangani.


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Lifehacker: How to Hide Your Sensitive Pictures in Google Photos. “If, for some reason, you have taken photos on your phone that you don’t want just anyone to see, you may want to use some sort of privacy feature. While there are third party apps that can hide your intimate photos, Google recently announced a new feature to lock your private images directly in Google Photos.” This is not necessarily noods; you might have images of things like your driver’s license and passport in case they’re stolen.
Ars Technica: Google Photos is so 2020—welcome to the world of self-hosted photo management. “We take more photos now than ever before. Growth in this segment is explosive, with over 1.4 trillion photos taken last year, according to InfoTrends. That’s up from 1 trillion in 2017. Video is much the same, with YouTube saying in recent years that about 500 hours of video are uploaded to the platform every minute. Finding a solution to organizing and safely storing these precious memories is more important than ever, and it’s becoming an increasingly large problem to solve.”
CNET: Google Photos is ending unlimited free storage next week. Here’s what to know. “Google Photos will end its unlimited free storage policy for photos and videos next week. After June 1, any new photos and videos you upload will count toward the free 15GB of storage that comes with every Google account. But don’t worry: Any photos or videos you’ve uploaded before that day won’t be part of the cap. And Google has added a new free tool to help you manage your storage quota.” Thorough overview.
Android Central: Google Photos launches new storage management tool ahead of policy change. “Google Photos will soon enforce its new storage policy, which will no longer provide free storage for high-quality uploads for most users. To help ease the transition, Google is launching a new tool that will help users to manage their Google Photos storage to free up space. The new review tool in Google Photos will help sort the files that users may not want, taking up precious space. It will allow users to pull up blurry images or large files, taking up too much space from the free 15GB allotment.”
PC World: Turn Google Photos into Windows backgrounds with this awesome app. “Neither Windows nor Mac offer much in the way of dynamic wallpaper options, and they certainly don’t integrate with Google’s photo service. Thankfully, a program called John’s Background Switcher changes all that.”
Tom’s Guide: Amazon photo storage vs Google Photos. “Amazon Photos and Google Photos are two of the best cloud storage options available, made all the more popular by the fact that many people already have Amazon and Google accounts. In this article, we’ll compare Amazon photo storage vs Google Photos, looking at their features, performance, support, and pricing to determine which is the best cloud storage for photos.”
Lifehacker: Don’t Let Google Scare You Into Paying for Google Photos. “Google Photos is going away soon — or at least, the useful free service we used to store years’ worth of photographs is finally getting hit with a storage limit. Go beyond that, and you’ll have to pay to store your photos. That’s not great, but what’s almost as annoying are the scare tactics Google is using to convince free users to switch over to a paid subscription.”
MakeUseOf: 7 Ways to Free Up Storage Space on Google Photos. “While Google Photos has proudly offered free high-quality photo storage for years, that’s changing in 2021. Beginning June 1, all ‘high-quality’ photos you upload to Google Photos will start to count against your Google account storage. If you relied on the free storage and are now worried about running out of space, you can prepare yourself and avoid paying for more storage by freeing up space in Google Photos. Follow the below tips to free up storage space in Google Photos—as a bonus, you’ll also clean up your photo library while at it.”
PCMag UK: Google Photos Is Killing Free Unlimited Storage: 7 Top Alternatives. “As noted, you still get 15GB of Google storage for free. A Google storage link can show you an estimate of how long your storage will last, based on your upload history. Smartphone photos from my iPhone X and Google Pixel 4 XL average around 700KB each, so 15GB would mean 21,000 photos shot with those devices. If your photos are from a full-frame D-SLR, the image files will be quite a bit larger, in the range of 15MB to 50MB each, so the number of shots that will contribute to 15GB is more like 600—and serious photographers will have far more than that. Here are your best options if you’re using Google Photos.”
Popular Science: Google Photos is better at image editing than you think. “Depending on what device you’re using to access Google Photos, you’ll find some differences in features and overall look—we’ll flag what you can use and where. But rest assured—when it comes to image editing, this platform is more than enough, no matter the operating system.”
Android Police: Here’s how to tell when your Google Photos storage will run out. “It was only a matter of time before Google stopped giving out unlimited photo storage for free. The company announced the change yesterday, and along with the news came a nifty new feature to help give users an estimate about how long their existing storage plan will last.” In my case — I upload photos and videos very sporadically — the tool couldn’t give me an estimate. But I was able to see how much space was taken up specifically by my photos.
9to5 Google: How to export your pictures and videos from Google Photos. “Starting in June of next year, every new photo or video you back up to Google Photos will start counting towards a storage cap. That won’t apply to any of the ‘High Quality’ photos you’ve backed up over the past five years, but it means that, eventually, you’ll need to pay for storage. Google has affordable plans for that, but for some people, charging any price is enough to start searching for alternatives. Admittedly, there are some decent options out there, too!”
CNET: Google Photos to end its unlimited free photo storage. “Google Photos is ending its unlimited free storage policy for photos and videos, Google said in a Wednesday blog post. After June 1, 2021, any new photos and videos you upload will count toward the free 15GB of storage that comes with every Google account. But don’t worry: Any photos or videos you’ve uploaded before that day won’t be part of the cap.”
Android Police: Google Photos ‘color pop’ feature will remain free, upgraded version in testing for Google One subscribers
Android Police: Google Photos ‘color pop’ feature will remain free, upgraded version in testing for Google One subscribers. “Google told Engadget in a statement that only an upgraded version of color pop will require a Google One subscription, not the existing functionality that is already available.”
Engadget: Google Photos adds paid color pop editing feature. “The next time you dive into Google Photos’ editing suite, you may notice some tools locked behind a paywall. As part of an ongoing rollout, Google is adding a new take on its color pop feature that users can apply to any photo, not just ones that include depth information. The catch is you’ll need to subscribe to Google One before you can tweak your photos with the new color pop.”


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NEW YORK — Barneys New York is vacating the Americana Manhasset shopping center, one of the premiere luxury shopping centers in the nation.
The decision to leave the Americana stems from Barneys' expansion strategy of building flagships with 45,000 to 80,000 square feet. The Americana Manhasset store is much smaller, just under 20,000 square feet.
"Their lease is coming up at the end of January," said John J. Gutleber, president and chief executive officer of Castagna Realty Co., owner and operator of the Americana Manhasset. "They were looking for about 50,000 square feet, which we couldn't accommodate. Therefore, the Barneys space will be multi-tenanted. We have a long list of people wanting to come in here. Barneys was a good friend and a good tenant."
Gutleber said Barneys wanted to open a Co-op shop in the Americana Manhasset, located on Northern Boulevard in Manhasset, N.Y., but the center wasn't interested. Barneys' Co-op division specializes in contemporary sportswear, denim and accessories; the full-line stores offer classic and advanced designer merchandise, jewelry, cosmetics and Co-op goods, and private label merchandise from an array of established and newer designers and artisans.
Barneys now has its eyes on the Mall at Oyster Bay, which is being planned by Taubman Centers off Exit 43 of the Long Island Expressway, about 45 minutes from Manhattan. That mall would compete with Americana Manhasset, as well as the Roosevelt Field and Walt Whitman malls. The Oyster Bay mall has received commitments from Neiman Marcus and Nordstrom, but construction has been hampered by some local opposition and court proceedings over environmental and traffic concerns, and the mall may still be a couple of years from opening. However, Taubman has won about a half dozen proceedings in the courts and is confident the property will be developed.
"Our lease is scheduled to expire in Manhasset in January 2007 and we are looking at the Oyster Bay situation," said a Barneys spokesman. He said Barneys opened in the Americana Manhasset in 1989. Another source said Barneys' staff in Manhasset will be reassigned to the Madison Avenue flagship.
Under its expansion strategy, Barneys plans to aggressively roll out flagships through 2008 in major metropolitan areas and has a goal of reaching $1 billion in sales. Two weeks ago, a Barneys opened in the Copley Place complex in Boston, the retailer's first new flagship in 13 years. Barneys' other flagships are in Beverly Hills and on East Oak Street in Chicago, as well as on Madison Avenue.Americana Manhasset is not a mall. It's more like a luxury strip center because it does not have anchor stores or a food court, and there's a roster of designer and upscale stores in an urbane setting with meticulous landscaping and parking very close to the stores. Considering Americana Manhasset has a total of about 220,000 square feet, a 50,000-square-foot Barneys would have dominated the premises like an anchor.
In addition to Oyster Bay, Barneys, bought by Jones Apparel Group for $397.3 million in December 2004, has sites on the drawing board in The Shoppes at The Palazzo, a major upscale project in The Venetian Resort in Las Vegas set to open in fall 2007. Barneys also has found real estate in San Francisco's Union Square, though no lease has been signed, and the retailer is said to be scouting for space in Manhattan's Meatpacking District and SoHo. A flagship in NorthPark Center in Dallas is set for a fall opening, and Barneys officials have cited Atlanta, San Diego, Miami, Washington and the Chicago metro area as potential locations.
Barneys also operates smaller stores in Chestnut Hill, Mass., and Seattle that are comparable in size to the Manhasset unit, and eight Co-ops around the country. Last year, the chain reported $444.2 million in volume.
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews


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Smartphones based on Intel’s Atom processor – which is the company’s smallest and least power-hungry chip – will now be able to run Android. An Intel official announced the step forward this morning, and hinted that some new devices will be developed as a result of this move, too.
Here’s the good news for Google: Dan Nystedt and Owen Fletcher reported, "Intel already has Android running on Atom-based smartphones and certain customers are interested in using it, said Renee James, general manager of Intel’s software and services group, on the sidelines of the Intel Developer Forum in Beijing."
So it may be that Google will get several more chances to increase its visibility in the mobile market before long. Which would coordinate well with Eric Schmidt’s "mobile first" strategy.
The disappointing thing, from Google’s point of view, is that Intel hasn’t decided to favor Android over any other mobile operating system. James explained that Intel’s actually enabling all operating systems for Atom phones.
This could be an interesting opportunity to see how device manufacturers feel about Android, then, since Intel’s decision will place it on an equal footing with everything else.


text: Ziff-Davis Publishing Co. and Spot Media Communications on Thursday will announce they are forming an new company to link their separate gaming Web sites into one mega-site. The site will be majority owned by Ziff and managed by SpotMedia. SpotMedia opened GameSpot earlier this year, offering reviews, previews and tips for PC gaming. Ziff offers content from several magazines, including Computer Gaming World, Electronic Gaming Monthly and CyberSports, via its Web site. It also operates Nuke.com, acquired earlier this year with Sendai Publishing.


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Cotton couturier Emma Wylie says the cotton fabrics in her collection reflect the style of the era.
She said the fabrics were designed by a team of fashion designers from Egypt, including Elle DiMarzio and Paul Giamatti.
“We wanted to take a lot of inspiration from the Egyptian textile tradition and also from the modernism of the garment.
I wanted to create a cotton couture couture piece that was more contemporary and more modern,” Ms Wylies said.
The designers included Egyptian-made cotton lining for a number of the items, which included a floral print top with a floral motif and a satin-coloured dress with a pleated waistband.
The dresses are also available in a satiny cotton lining.
“We have lots of fabrics in this collection, and I think they reflect the different seasons,” Ms DiMarzo said.
“The floral pattern on the dress is inspired by the Egyptian weather.
It’s like the summertime here, with a bit of a spring breeze.”
The fabrics also feature satin and chiffon for the skirts, and cotton-fibre fabrics for the dresses.
Ms DiMarzi said the design was inspired by “the spirit of the cotton fabric”.
“I’m always thinking about the spirit of a cotton fabric and what it’s like to wear a cotton piece of clothing,” she said.
Ms Wylis said the collection was inspired “by the modernist fabrics that are still in the fashion industry”.
“This is really a reflection of how people in Egypt are wearing the modern fabrics and the fabrics they can afford,” she added.
“We’re all wearing them, and we want to have the luxury of wearing them,” she joked.
Cotton couturiers Emma Wyle and Elle D’Amato will be making their debut at the London Fashion Week in February.
It is not the first time the two have worked together.
In January, the designer collaborated with a number to design a collection for a British retailer, Bunnings.
Last year, she teamed up with Italian designer Roberto Cavalli on the same collection.
Follow RTE’s Fashion week on Twitter: @fashionweek


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Microsoft Confirms ReCore " Will Be Ready in the Latter Half of 2016"
Originally revealed during E3 2015, the upcoming ReCore looks to be one of the most unique exclusive titles for Microsoft’s Xbox One and PC coming this year, though it does seem the title will be approaching release in the later part of the year, according to the company.
Speaking in a statement to Engadget, a Microsoft representative stated that “we have not yet set a launch date for ReCore, however the game will be ready in the latter half of 2016,” following a previous indication that the title would not be making its originally-intended release window of Spring 2016.
While ReCore may not be arriving until the second half of the year, it was previously confirmed that the title will also be coming to PC alongside its debut on Xbox One, with the Microsoft rep confirming with Engadget that “we’ll have more to share soon on ReCore, please stay tuned.”
ReCore is currently in development for Xbox One and PC, with an expected release later in 2016.


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Argo-E.com is excited to announce the development and launch of the new website of A. H. Beck. The new modern design of the website is intended to
GeoWorld reached 20,000 registered members!
“Geo-Trends Review” eleventh issue is just published
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