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From toys to birthday parties, from swim lessons to private schools, parents are saying “No” more often.
” ‘Parents are cutting back across the board,’ said BMO Capital Markets analyst Gerrick Johnson.”
“In 2008, sales of toys fell 3 percent to $21.6 billion from the previous year. Children’s clothing fell 2.2 percent to $36.8 billion, according to the research firm NPD Group.”
“At RockNfun Music in Falls Church, Va., the number of people, mostly children, taking guitar, piano and other lessons has fallen 5 to 10 percent in the past four months, co-owner Kevin Glass said.”
“Paul Feciura, owner of Youth Sports, Virginia Training Center Inc. in Woodbridge, Va., said business has dropped 15 to 20 percent since last summer – even though the Beijing Olympics should have provided a boost. The company is trying to accommodate some hard-hit parents by reducing rates.”
And even the Tooth Fairy is responding to the recession with the average pillow payout dropping from $2.09 last year to $1.88 this year, according to a recent survey by DeCare Dental, a Minnesota-based benefits management company.
What are you cutting back on for your kids? Are you staying home for birthday parties and inviting fewer kids? Are you forgoing the youth league for baseball? Will you give up camp for the summer or pool memberships? Has your Tooth Fairy started paying out less?
By coincidence, the AJC has put together a lovely package about teaching your kids to be money savvy. I wanted to share all the links with you.


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China can't touch South Korea -- or, at least so far as the iPhone is concerned.
Carrier KT Corp. (NYSE: KTC ) pre-sold 65,000 handsets before the iPhone's debut weekend on the peninsula, according to The Wall Street Journal. China Unicom (NYSE: CHU ) sold 60,000 less during its opening sales weekend a month ago.
Apple (Nasdaq: AAPL ) should nevertheless be pleased. China Unicom's failure is less a failure of the device as it is of the carrier and government policy. Cheaper, more functional iPhones have been widely available in Beijing's gray market for a while. Many of them operate via China Mobile's (NYSE: CHL ) vast network.
Others are simply buying from the U.S. "Its about 3500 Yuan, or $500 cheaper to get a contract with AT&T (NYSE: T ) , break it, pay the cancellation fee, ship it to China, get it unlocked, and use it as a normal phone," wrote a commenter to the Journal story named "Brandon."
If KT Corp. is doing better in South Korea -- home to global electronics superstars Samsung and LG -- it may because it's taking China Unicom's strategy and reversing it. For example, KT is offering some iPhone models free, and monthly plan rates range between $38 and $115, the Journal reports. Such pricing has KT predicting it will sell up to a half-million iPhones to its customers.
And where is SK Telecom (NYSE: SKM ) in all this? On the sidelines, with executives waiting and evaluating whether they want to strike a deal with Apple. Let's hope they don't wait too long. KT Corp.'s customers aren't exactly proving to be patient.
But that's my take. Do you agree? Should SK Telecom book a deal with Apple soon? Please vote in the poll below. You can also sound off in the comments section at the bottom.

domain: news


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LinkedIn reports better than expected results, saying each of its its business segments grew significantly.
Technically Incorrect: A report by researchers at Michigan State University suggests we're hardwired to skip Mr. or Ms. Right in favor of Mr./Ms. Right Now.
These systems promise to serve as the brains behind a smarter, more connected home. How do they stack up?
It won't deliver the Apple Watch to consumers until next year. So who's going to now rush out to buy a wearable from the likes of LG, Motorola or Samsung?
The use of carbon fiber in the frame of the BMW i3 has many worried about high repair costs. BMW gives us an inside look at why it won't be so bad.
The CSIRO is putting RFID sensors on Queensland fruit flies to study their behaviour in the hopes of saving Queensland's crops.
Crave's Eric Mack recently trekked to the top of Hawaii's Mauna Kea volcano to visit one of the most advanced observatories on Earth, the "eyes of humanity" in the middle of the Pacific.
A Santa Monica-based tabletop gaming startup has launched a Kickstarter that hopes to allow you to custom-design your own miniatures, then have them 3D printed and delivered to your door.
With Crowd Companies, Jeremiah Owyang is hoping to help companies develop business models and best practices around the shared economy, the maker movement, and more.
Microsoft's first Surface tablets left room for improvement. We sit down with Panos Panay and other members of the Surface team at Microsoft HQ to find out how the company's group of designers and engineers listened and regrouped to create the next generation.


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Story URL: http://news.medill.northwestern.edu/chicago/news.aspx?id=164887
Story Retrieval Date: 11/25/2014 3:54:27 PM CST
Deere & Co. boosted second quarter profit, beating analysts’ expectation by a solid 17 cents per share. The Moline-based equipment manufacturer raised its forecast because of strong global demand for large farm machinery and recovering key markets. The stock rose.
Improved performance was a result of stronger price integrity, higher production volumes and favorable foreign exchange and raw-material cost outcomes, according to the company.
Net income in the quarter ended April 30 jumped 16 percent to $547 million, or $1.28 per diluted share, from $472 million, or $1.11 per diluted share, during the same period in 2009.
Total revenues climbed 6 percent to $7.1 billion from $6.7 billion in the same quarter of the prior year. U.S. and Canada revenues increased 4 percent, while other sales grew 9 percent.
“The quarter’s improvement was broad-based,” said Marie Ziegler, Deere’s vice president of investor relations, during a call Wednesday with analysts. She attributed the overall quarterly performance to a combination of “disciplined cost and asset management,” higher margins in the three sales divisions and signs of recovery in the troubled construction and forestry division.
Construction and forestry sales jumped 52 percent to $911 million. The increase reflects “global forestry markets improving from a very low base” in the prior year and “improving” U.S. economic indicators, explained company spokeswoman Susan Karlix. Agriculture and turf sales, which represent the vast majority of Deere’s volume, increased $50 million or 1 percent compared with the second quarter in 2009.
A charge of $129.5 million, or 30 cents per share, related to U.S. healthcare legislation was taken during the quarter, the company said.
Analysts were pleased with Deere’s performance.
“The numbers are good, so that’s obviously a good thing,” said GAMCO Investors Inc. analyst Heiko Ihle. “It did well on a day when most stock did pretty poorly.”
UBS AG analyst Henry Kirn made note of Deere’s “better than expected” margins, and maintained his neutral rating and 12-month price target of $61.
In the six months ended April 30 Deere's income rose 17 percent to $791 million from $676 million compared with the same period last year, and revenue rose 1 percent to $12.0 billion from $11.9 billion during the first half of 2009. Diluted earnings per share climbed to $1.85 from $1.60.
Deere raised its fiscal year sales forecast to a gain of 11 percent to 13 percent more than last year, up from its February forecast of a 6 percent to 8 percent rise. The company also increased its net income guidance to $3.73 per diluted share, compared with the prior year's $2.06 per diluted share.
While its domestic market is improving, Deere’s growth is largely driven by strong farm and agricultural growth in South America. Equipment sales in the United States and Canada are forecast for a 5 percent to 10 percent increase by year-end. Driven by favorable economic conditions in Brazil and normalizing weather in Argentina, Deere’s South American sales are expected to end the fiscal year with a 25 percent increase over the prior year.
Brazil is proving to be an especially important market for Deere, with significant growth in planted acreage and production in sugarcane and soybeans in 2010, and low-interest financing programs through its government. Deere has been expanding its product assortment and number of dealerships in the country.
While the company reported some stabilization in its European markets, the region is expected to remain under pressure.
In a note, Jefferies & Co. Inc. analyst Stephen Volkmann commented on Deere’s earnings that “stock reaction should be positive.”
The stock closed at $58.87, up $1.71 or 3 percent, performing strongly on a sluggish day. The Dow Jones industrial average closed down 66.6 points, or 0.6 percent, and competitor Caterpillar Inc.’s stock slipped 2.8 percent to $61.44.


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It looks like Apple hasn’t forgotten about the iPad after all. The company may be planning on releasing a trio of new iPads in March, including one device with a bezel-free 10.9-inch design.
According to reports, the bezel-less design will allow the device to have the same physical size as the 9.7-inch iPad Pro, while offering a larger display. That could also signal the removal of the Home button and an edge-to-edge design on the device. The news comes from a research note obtained by MacRumors from Barclays Research analysts Blayne Curtis, Christopher Hemmelgarn, Thomas O’Malley, and Jerry Zhang.
This isn’t the first time we’ve heard news that Apple was developing an iPad in the 10-inch size range, however we haven’t really heard what the exact screen size would be until now.
On top of the new bezel-less iPad, analysts also expect Apple to release a new 9.7-inch low-cost iPad Pro, which will be sold alongside the iPad Mini. Analysts don’t expect the iPad Mini to get an update — instead, Apple will continue selling the iPad Mini 4, which was released by Apple in September 2015.
It’s also said that the 12.9-inch iPad Pro will receive its own update. Some expect the device to get a True Tone display, like the smaller 9.7-inch device. That display uses a series of ambient light sensors to change the color of the display depending on the color and intensity of the light that is surrounding the iPad, ensuring that it always appears to look natural. The 12.9-inch iPad Pro will also apparently get the 12MP rear-facing camera from the 9.7-inch device.
All three of the new iPad models will reportedly get quad microphones, and will keep the headphone jack, unlike the new iPhone 7.
- Can my iPad get iPadOS 17? Here’s every compatible model
- Everything Apple didn’t announce at its iPhone 15 event
- iPad Pro looks set for first major update since 2018
- Your next iPhone may have no bezels. Here’s why that could be a problem
- I made myself try a 14.5-inch tablet — and it didn’t go very well


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Apple の iPhone 5s / 5c が 9月20日 の金曜日に発売され、その週末だけで 900万台 も売れたんだそうです。すんごい数字だね。
CUPERTINO, California―September 23, 2013―Apple® today announced it has sold a record-breaking nine million new iPhone® 5s and iPhone 5c models, just three days after the launch of the new iPhones on September 20. In addition, more than 200 million iOS devices are now running the completely redesigned iOS 7, making it the fastest software upgrade in history. Both iPhone 5s and iPhone 5c are available in the US, Australia, Canada, China, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK. Demand for iPhone 5s has exceeded the initial supply, and many online orders are scheduled to be shipped in the coming weeks.


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Regenerative Agriculture Helps Nepali Farms Bloom
iDE is powering farmers to protect the environment using natural remedies
Marigolds are cherished in Nepali culture as a symbol of energy, enthusiasm, and creativity. Local people welcome guests with garlands made from the bright orange blooms, which are also draped over doorways during Tihar, the annual Hindu festival of lights. But marigolds, known locally as sayapatri, also serve a utilitarian purpose for Nepali farmers, who use the flowers as a natural bug repellant. While beautiful, marigolds give off a musk-like odor that drives insects away from crops they might ordinarily feed on. “I plant marigold in rows around my tomato crops as an alternative to using insecticides,” says Kamala Khadkha, 52, who has been farming the hills near Pokhara in central Nepal for 16 years. A mother of three sons, she also makes a tidy profit selling the flowers to her neighbors during the festival. As well as intercropping marigolds, Kamala practices other regenerative techniques to increase soil fertility. For example, she is now producing biochar by heating organic material in an oxygen-starved pit in her garden. She spreads the charcoal-like substance into the soil to increase its water-holding capacity, prevent nutrient loss, and provide structure for microorganisms. “I’m optimistic about biochar. Soil health is very important. We should only use chemicals as a last resort,” says Kamala.
Stewards of their lands as climate change takes effect
Integrating traditional ecological knowledge with modern agricultural practices is part of a growing trend in Nepal, casting farmers as stewards of their lands, which are being increasingly impacted by climate change, pests and diseases and harmful farming practices. In recent years, the agricultural sector in Nepal has been substantially impacted by infestations of fall armyworms and other pests, which threaten food security across the country by destroying staple crops. Scientists say higher temperatures, caused by climate change, can prolong infestations. With 80 percent of Nepal’s population engaged in agricultural production, and two fifths of the population living in poverty, iDE is powering smallholder farmers to gain access to the regenerative knowhow, products, and tools they need to be successful.
Moreover, to combat pests and disease, many farmers are choosing to return to traditional remedies, trading chemical pesticides and herbicides, which leave heavy metals, acid and other pollutants in the soil, for naturally occurring products and methods. In this article, we explain how iDE is assisting the switch, intervening at critical points within the agricultural market system, where we apply our expertise and resources, aiding small scale entrepreneurs to prosper on their own terms. In concert with government and community partners, iDE is promoting behavior change and powering low-income farmers such as Kamala to focus on topsoil nutrition and carbon sequestration, mitigating climate change and enabling alternative income streams. To ensure farmers successfully implement sustainable practices, we also provide training on regenerative technologies and facilitate last mile access to organic supplies needed for growing crops.
Regenerative agriculture: How we're promoting it in Nepal
Regenerative agriculture is a system of farming principles and practices aimed at increasing biodiversity, enriching soil, improving watersheds, and enhancing ecosystem services. These practices put soil life at the center of the farming system, capturing carbon in the soil and promoting above-ground biomass, creating an opportunity to mitigate and possibly reverse the impacts of climate change. At the same time, regenerative agriculture offers increased yields, boosting income streams for farming and ranching communities. Regenerative agriculture is about harnessing healthy soil systems to not only increase productivity, but also to protect lands, leading to sustainable and long-term functional food systems that put people and the planet first. Current and recent iDE projects include:
Procter & Gamble Alumni Grant: US$25,000. Empowering women by supporting vermicompost businesses, strengthening local economies. The project is assessing the impact of vermicompost and creating sustainable demand through solution-oriented research.
Feed the Future Integrated Pest Management: US$845,209. The project is strengthening Nepal's agriculture sector by mitigating risks to crop health, implementing pest control technologies within vegetable, rice, lentils, and maize value chains.
Biofertilizer Enterprises for Vegetable Production in Nepal (BEVPIN): US$100,000. The project's goal has improved economic growth, livelihoods, and food security for smallholder farmers in the Karnali province by establishing community-managed vermicompost fertilizer enterprises.
Scientist tests for soil nutrients and acidity levels
Dressed in a white coat, government scientist Sunil Pandey runs soil samples through a battery of chemical tests in his laboratory. The samples come from farms across Gandaki Province in central Nepal, some collected by technicians and others delivered by farmers themselves. Sunil is testing for a range of micronutrients, pH level, texture, and moisture. But mostly he wants to know the parameters of the three key elements: nitrogen, needed for growth, phosphorus, required for grain formation, and potassium, needed to produce sugar. Without potassium, he says, plants cannot respire. But in recent decades, Sunil says, nutrients in soil across the province have been degraded. “Farmers have fewer animals because they don’t need oxen to pull plows anymore. We have less compaction and less compost application. Farmers today use chemical fertilizer, leading to acidity in the soil. That’s the problem.” Sunil provides technical support and oversight to iDE’s interventions in the region. Working alongside iDE, the government is also promoting the use of organic fertilizer such as vermicompost, as well as agricultural lime, which increases the pH level in the soil. While awareness about the benefits of compost is widespread, he said its availability needed to increase.
Buffalo dung becomes fertilizer and income stream
Not far from Lumbini, the historic birthplace of Buddha, Bal Bahadur Rokay, 66, runs a commercial buffalo farm, established to produce milk and breed calves. But when the dairy business began losing money, the association behind the farm started a new venture, producing vermicompost, an organic fertilizer made by treating manure with red earthworms. The compost, which resembles black dirt, provides a rich organic soil amendment, containing plant nutrients and beneficial microorganisms. “It’s easier and more profitable than producing milk,” says Bal, chairman of the association. “We’ve now reduced the amount of milk we produce and plan to get rid of the buffalos we no longer need.” To start the vermicompost business, iDE provided financing, helping the association build concrete pits where the compost is made from dung left behind by the association’s 85 buffalos. The fresh manure is collected in wheelbarrows from a barn where the buffaloes live, and then piled outside. Once partly dry, it is transferred into the pits before worms are added to the mix. The worms, also provided by iDE, eat the dry manure and excrete castings, which are gathered and sifted by hand, separating out unwanted organic matter. The remaining vermicast is shoveled into canvas bags, which are sealed with a hand-held sewing machine, also supplied by iDE, before the 5 and 25 kg bags are sold to farmers at a local market.
Things are changing, says local agricultural input supplier
Bhagwan Parajuli sits at a cluttered desk in his agricultural supply store in Pokhara, Nepal’s second largest city, at the foot of the Himalayas. After 20 years working from the store, the 56-year-old is surrounded by boxes, stacked on the floor, and shelves stocked with bottles and bags of fertilizer and insecticide. As well as the chemical products, Bhagwan sells organic products, which he says have become more popular in recent years. “Things are changing,” says Bhagwan. “Farmers want to use organic mechanisms to control pests and disease these days.” Taking down an item used to kill caterpillars, he explains it’s made from the neem tree, native to South Asia. Well known for its bulbous crown and medicinal properties, the tree is also used to make natural pesticides. Another bag contains Trichoderma, a fungus that protects crops from contracting root diseases, while another item is used to speed the decay of leaf litter and other organic matter, producing natural fertilizer. With some clients traveling to his store from distant villages, Bhagwan explains farmers prefer a wide variety of products, at affordable prices. “My clients believe in the quality of what I sell.” He also credits his success to referrals made by iDE-trained Farm Business Advisors, who make a commission selling his products door-to-door and promote organic items.
iDE strengthens farm sector at critical points
By intervening at critical entry points described above, iDE Nepal is working hard to promote the integration of traditional ecological knowledge with modern agricultural practices among last mile entrepreneurs and smallholder farmers. The farmers we partner with believe it is critical they return to their roots and act as stewards of their lands, not only to generate profit, but to ensure natural resources are protected and passed down to future generations. Working with local government, nonprofit and community partners, we are facilitating the provision of information, knowhow, supplies and technologies that Nepali farmers need to be successful, making sure small scale agricultural production remains a viable livelihood for many years to come.


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Efficio, the procurement experts, have been ranked number 22 in this year's Sunday Times HSBC International Track 200, which ranks Britain's mid-market private companies by fastest-growing overseas sales.
Efficio achieved 2-year average international sales growth of 103.70% per annum, with international sales of over £16million and total sales of £32.5 million. They are the highest ranking consultancy and the only procurement experts to feature in the table.
Researched and compiled by Fast Track, an Oxford based firm that research Britain's top performing private companies, The Sunday Times HSBC International Track 200, now in its 7th year, ranks companies based on their overseas sales, with sales growth based on the last two years of accounts.
It is testament to the quality of our outstanding consultancy team that we have seen our international sales grow at such a fast pace, leading to Efficio being placed so highly in The Sunday Times HSBC International Track 200 this year. As the global business community adapts to long term challenging economic conditions, so the demand for Efficio's unique brand of procurement services, underpinned by our proprietary technology platform eFlow accelerates. This is a very exciting time for Efficio and we have seen our international expansion increase with the opening of our US office in New York, and a number of exciting global engagements. We are an ambitious team, and it is gratifying when our sales figures match that ambition.


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Spring housing market faces challenges with stock market declines, coronavirus
By: Philadelphia Business Journal
Though this is a key period for buyers and sellers of houses, agents are already seeing deals fall through because of the nose dive in the stock market and more questions than answers when it comes to holding open houses.
A just released survey by the National Association of Realtors shows that 16% of participants said buyer interest has decreased due to coronavirus though the vast majority at 78% said it hasn't changed. In light of the coronavirus, the association anticipates a 10% reduction in sales over the next month when compared to the same period a year ago.
January and February were ahead of last year and the market is "hot," said Joan Docktor (https://www.bizjournals.com/
"Homes are getting multiple offers and houses have been flying off of the shelf. Even high-end houses are getting offers and selling and now comes this," Docktor said. "I am getting questions about open houses and how do we sanitize. We have had a seller refuse a showing from a relocation buyer. Everyone wants to be cautious about people coming through their homes. If you are buyer, what do you touch and not touch?"
Year-to-date home sales through February in Greater Philadelphia are up 8% compared to the same period in 2019, according to data provided by MarketStats by ShowingTime based on listing activity from Bright MLS. Nearly 9,600 home sales have closed. The median sale price of $237,000 in February is up 8% $218,500 in the same month last year.
Mike McCann (https://www.bizjournals.com/
While business is so far normal, the plunge in the stock market (https://www.bizjournals.com/
Docktor has also been told of a high-end sale not going through because of worries over the decline in the stock market.
Brett Furman (https://www.bizjournals.com/
So far, all of his firm's pending transactions are still scheduled to go through but Furman is predicting that open houses will be curtailed in light of the coronavirus and its potential to spread. "Open houses will quiet down or disappear," he said. "One-on-one showings will continue."
For Furman, that also means tapping technology to post more video and three-dimensional presentations of homes that are up for sale so prospective buyers don't have to physically visit a house but can still take a virtual tour.
"The technology we use will be even more important," he said. "We have 3-D views we create for every, single property. We have on average 754 views on every virtual 3-D we create for a home. That shows you the public is already going there and I think those statistics will rise."
On the bright side, residential real estate agents are preparing for an onslaught of refinancings because of historically-
"The coronavirus has caused people to get the jitters and when that happened during the last recession, they put their money in real estate," Docktor said.


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Last year Samsung was the first on the market with an UltraHD Blu-ray player, the UBD-K8500. Now it’s launched two second generation models: the $449
At the Sydney Opera House yesterday Samsung demonstrated its newest soundbar. In my opinion, this is what soundbars should have been all along. Samsung has
I’ll admit it: I was sceptical. I figured that Samsung’s push into art on a TV would look like, well, art being displayed on a
While we may lust after Samsung’s high end QLED TVs, sometimes finances can impose unfortunate constraints when it comes to a final choice. Fortunately Samsung
Samsung has officially launched its latest flagship phone, the Galaxy S8 and S8+ at its Unpacked 2017 event in New York.
At a, let’s admit it, sumptuous event last night at the Sydney Opera House, Samsung launched its 2017 range of ultra high definition TVs, along
Each year everyone in the world of mobile phones and associated matters gathers together at the Mobile World Congress in Barcelona, Spain. New products are
Battery manufacturing processes have been found to be the root cause of some Galaxy Note 7 smartphones catching fire.
Samsung's new 4K TV is built to masquerade as a picture frame for the times when you want your TV to disappear.
Samsung launches its new premium range QLED TVs at the Consumer Electronics Show in Las Vegas. Are they Samsung's best TVs yet?


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People Currently Vaping Urged to Stop Immediately Following Deaths, Unexplained Illness
Health authorities are urging individuals to halt all use of electronic cigarettes as well as other vaping products. This warning came after three additional deaths from an unexplained illness that has been identified in 450 users of vaping products around the United States.
To date, five reported deaths have been tied to the severe lung injury that is associated with the use of cannabis or nicotine vaporizers.
Authorities from the federal Centers for Disease Control warn that while the investigation is underway, people should consider not using any e-cigarette products. The agency also explained that people should not purchase vaporizers, e-cigarette cartridges and vaporizing liquids off the street or modifying vaping products purchased legally.
The cause of the vaping illnesses remains a mystery at this time, though health authorities have found a link in the vaping of nicotine or specific marijuana ingredients. However, most of the medical cases appear to be related to cannabis-related ingredients. One possible sign of injury associate with vaping products is a buildup of fat in the lungs, which was noted in patients previously studied. The buildup can take place when people vape something containing oil or as a result of lung inflammation from lung damage. The only treatment at this time is to administer steroids or to allow the inflammation to clear on its own.


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January 2018 — “Win it all and the party is on us,” read a Bud Light tweet to the Eagles back in August. With the Eagles securing their place in one of the biggest sporting events in the world, it’s not just free beer that’s on the line for the city of Philadelphia.
While it’s a known fact that the host city of a Super Bowl is going to experience massive (if inconsistent) economic gain from the event, the impact on the competing teams’ home cities is a little more nebulous. After all, there’s no obvious boost in things like hotel occupancy, flight bookings or ground transportation. The potential economic benefits for home cities are more of a long-term bump rather than a short-term windfall.
With all of the media attention and news coverage currently being piled on the Eagles, Philadelphia’s image as a destination city is sure to get a boost. This could lead to an increase in visitors down the road, especially in sports tourism (good news: Lincoln Financial Field offers both public and private tours). Team and related merchandise sales are on the rise (costume shops were scrambling to keep those rubber dog masks in supply even before the playoff game), and locals are feeling a renewed sense of pride in their city. As Eagles owner Jeffrey Lurie said, “You just want to win so badly for them.”
Psychic income — an economic term to describe non-monetary rewards — might not always come with big dollar signs, but it does bring real benefits. Emotional satisfaction is hard to measure, so if you’re the type that needs numbers, here’s something to consider: one study found that the real per capita personal income was higher in cities that have had a Super Bowl win, suggesting there’s a link between Super Bowl wins and worker productivity.
What we know for sure is that this is the first time the Eagles have been to a Super Bowl since 2004, and they’re the biggest underdogs to make the big game since 2009. Despite boasting one of the best defenses in the league, they have their work cut out for them in taking on the Patriots on February 4 at the U.S. Bank Stadium in Minneapolis.
While Boston cream donuts might not be getting any love from the City of Brotherly Love (one Philly shop banned their sale until after the Super Bowl), there’s no question that the underdog team from an underdog city is galvanizing its fans.
And if that’s not enough to get you excited, don’t forget that if the Eagles win, Bud Light has promised beer to the whole city!


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THE Department of Trade and Industry (DTI) has dared farmers who are into rubber farming in Zamboanga Sibugay to produce good quality rubber.
Sitti Amina Jain, DTI regional director, made the challenge after it was discovered that some of the farmers in Zamboanga Sibugay mix chemicals to increase the weight of the rubber produce.
Jain said that some farmers use battery solution as coagulant to make the rubber produce heavier, as it has strong water retention.
But he stressed that the battery solution reduces the value of the rubber since it lessens the Dried Rubber Content (DRC), which is the basis for the calculation of prices.
Joel Ebol, Zamboanga Sibugay provincial board member, echoed Jain’s challenge, as he called on farmers to produce quality rubber.
Ebol, the chair of the agriculture committee, noted that Zamboanga Sibugay is the number one rubber-producing province in the country.
“I am challenging our farmers to make sure that you produce good quality rubber. Let us cleanse the industry in the province,” Ebol said.
Jain said the officials of Yokohama, the only car tire manufacturer in the country, told them that they will not buy rubber from Zamboanga Sibugay because of its poor quality.
Jain noted that Yokohama only source out locally about 10-20 percent of the firm’s natural rubber requirement, although it is the car tire manufacturer in the country. (Bong Garcia)


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The Humber region voted to leave the European Union and businesses now await the outcome of Brexit negotiations
New European Union regulation, aimed at restoring online data privacy, will impose safeguards which will challenge some company business models
The European Union’s Revised Payment Services Directive or PSD2, due to be implemented in 2018, is touted as the answer to all our banking ills, shifting power into the hands of consumers. Here are five ways it will affect our lives
Despite Brexit new European Union regulations governing data protection are set to impact the UK’s financial services sector
Brexit or no Brexit, the UK will next year be subject to new European Union legislation governing data privacy
A European Union directive, aimed at improving customer service, is set to open up banking by making data held by banks available to third-party companies
Now Article 50 has been triggered and negotiations are about to commence, we ask: what does the rest of the world think about Brexit?
Brexit and possible trade barriers thrown up against UK companies is a vexing problem which could be solved by becoming an e-resident of Estonia


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November 23, 2021 | 09:28
Hanoi began vaccinating children aged 15-17 against COVID-19 from November 23 morning, using the Pfizer-BioNTech vaccine.
By Nguyen Loan
November 23, 2021 | 08:00
Cement manufacturer INSEE Vietnam has expanded its pandemic response programme over the past couple of months in order to help people overcome a difficult period and reach towards more sustainable development in the country.
By Phan Ha
November 22, 2021 | 16:00
Alphanam Green Foundation is aiming to inspire more initiatives towards attaining sustainable development.
By Hue Anh
November 22, 2021 | 13:46
Recognising the country’s difficulties in combating the pandemic and the agricultural industry’s challenges confronting farmers, PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) has endeavoured to maintain the tradition of responsibility and sharing through practical social security programmes.
By Hoang Anh
November 22, 2021 | 13:41
Nestlé Vietnam is continuing its efforts in working with local communities, businesses, and the government to deal with the pandemic effects and help the country overcome its challenges more effectively.
By Thai An
November 22, 2021 | 13:40
Putting the interests of customers, employees, and the community above the interests of the business has become the guiding principle of AEON for the last decade in Vietnam. Even in a time when business activities are severely affected by the pandemic, the retail brand from Japan is still willing to say no to short-term profits to persistently pursue the mission of a retailer and corporate citizenship.
November 18, 2021 | 17:47
Panasonic Vietnam donated 110,000 trees to Son Duong district in Tuyen Quang province within its annual tree-planting programme "Panasonic for a green Vietnam".
By Ngoc Khue
November 18, 2021 | 08:14
Cinemas, karaoke bars, and spas are among the remaining banned businesses that can resume normal operations in Ho Chi Minh City's green zones.
November 17, 2021 | 19:48
Vietnam recorded 9,849 cases of COVID-19 in 56 localities during 24 hours from 4pm November 16 to 4pm November 17, including 10 imported cases, according to the Ministry of Health.
November 17, 2021 | 19:45
Japan, the Republic of Korea, and Taiwan (China) have announced their plans to resume the reception of Vietnamese labourers from November as many foreign labour markets have reopened after the COVID-19 pandemic is basically controlled.


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By Ella Chochrek
The oft-derided flip-flop has made its way back in style this summer, having appeared in spring ’19 runway shows and on the feet of A-listers like Kim Kardashian.
While flip-flops have always been viewed as acceptable for trips to the beach or trips to the nail salon, they’re often knocked as “ugly” and viewed as an impractical choice for city streets.
Nonetheless, flip-flops as fashion go back farther than many might think. Always one to push the limits, Perry Ellis teamed flip-flops with a cropped sweater and a teensy miniskirt at the brand’s spring ’81 runway show.


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When the campaign was underway, politicians confirmed that they would crack down on the Sunday trading ban. – The authorities are not here to impose any strictness on us – said Donald Tusk near Poznań. – Are any of the big malls or Lidls closed? I could not hear. 30,000. He added that stores closed their doors, among other things, due to the ban.
Sunday shopping days ranked 21st on the Civic Coalition’s list of election promises. We also talk about compensation. “We will lift the trading ban on Sunday, but every employee will have security weekend In the first month Double fare To work on vacation,” we read in “100 details for the first 100 days of taking office.”
What do the largest retail chains think about this announcement?
All trading on Sunday? Liddell and Coffland say…
– We always act in accordance with applicable regulations. Our stores across Poland are only open from Monday to Saturday and on business Sundays,” says Aleksandra Rubashkiewicz, spokeswoman for Lidl Polska. – However, from a business point of view, it is very important that there are equal rights to conduct business activities by different chains – and that the rules for opening stores on Sunday are the same and equal for all entities in retail. Currently, there are many models on the market that allow different unlocking rules these days – confirms a Lidl representative.
This is what Kaufland’s series told us. – As a rule, we do not comment on political discussions, which also applies to reports on the possible lifting of the trading ban on Sunday, – answers Maja Ciozek, Director of Corporate Communications at Kaufland Polska. – We can assure you that we as a network are fully respected and respected We adapt to regulations He adds that the laws apply to the commercial industry, which we will also do in the context of future legal changes.
Read also: We verify Tusk’s promises. Who will see more money and when? [WYLICZENIE]
Shopping on Sundays in 2023. Shopping on… Christmas Eve
Let us remember that initially Poles could make large purchases on the first and last Sunday of the month. Over time, these days disappeared. This year, only seven Sundays are planned for trading. As for the rest, only local stores with the owner standing behind the counter and gas stations can open. According to the regulations, pharmacies, bakeries, pastry shops and flower shops are not subject to commercial restrictions.
The next Sunday in 2023 is only December 17th. The next opportunity to shop on Sunday will be December 24, which is Christmas Eve. Is it a good idea? The Rzeczpospolita daily newspaper showed a poll showing that 77 percent of people want to schedule a different shopping day on Sunday.
Check also: I was recruiting people who wanted to open a network. There are two issues that really worry me
A shorter work week after the election. Even 5 hours
Echo Richards embodies a personality that is a delightful contradiction: a humble musicaholic who never brags about her expansive knowledge of both classic and contemporary tunes. Infuriatingly modest, one would never know from a mere conversation how deeply entrenched she is in the world of music. This passion seamlessly translates into her problem-solving skills, with Echo often drawing inspiration from melodies and rhythms. A voracious reader, she dives deep into literature, using stories to influence her own hardcore writing. Her spirited advocacy for alcohol isn’t about mere indulgence, but about celebrating life’s poignant moments.


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One of the most notable inclusions of the new concept of the metaverse was made when Mark Zuckerberg announced their plans to rebrand Facebook to Meta. On their website, they called metaverse the “next evolution of social connection”. But many are still not fully aware of what the metaverse is, including its potential, its limitations, and its impact on their lives in the future.
The Digital Identity Blog
What is the Metaverse? Is it the new Marvel movie that is going to be released in May? No wait, that’s the Multiverse. The name Multiverse is not that different from Facebook’s (Meta’s) Metaverse, as the Multiverse consists of multiple universes. Meta is creating a whole new reality and experience for us, its users. Meta has created a “universe” if you will, for us to live, engage, and work in. And the more time we spend there, the less time we are experiencing the real world.


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Image: Munro & Associates
LG Energy Solution is in “active discussion” with Tesla for battery supply from its new factory in Arizona, the company said. The start of production at the factory was scheduled for 2024, but the final decision will be made after negotiations with the companies to which it will supply.
LG Energy Solutions (LGES) hopes to benefit from the US Inflation Reduction Act (IRA), so it is actively investing in North America. Announcing a 43 percent increase in annual sales to a record 25.6 trillion won ($21 billion) and a 58 percent increase in operating profit to 1.2 trillion won in 2022, LGES said on Friday it intends to expand sales this year by 25 to 30 percent, while continuously improving its operating profit margin.
The LG Group subsidiary cited sales growth in North America as one of the most important preconditions for achieving its goal. The company expects the North American battery market to grow by more than 60% this year, leading to overall growth in the global EV battery market.
“Growing demand in the U.S. market will be able to offset sluggish demand in the European market this year,” an LGES spokesman said on a Friday conference call, according to The Korea Times.
LGES was confident it would meet the IRA's requirements, although it added that the top priority was to improve cost competitiveness to prepare for possible adjustments to US law. The battery maker said the IRA would allow it to maintain profitability amid cost risks from investments in North America.
LGES has confirmed that it is in “active discussions” with Tesla for battery supply from its new proposed factory in Arizona, US. The company said it is still debating whether to continue building. Initially, the alleged factory became known in March 2022. LGES was going to invest 1.7 trillion won (about $1.4 billion at the time) to build a battery plant. The start of production was scheduled for 2024.
© 2023, Eva Fox | Tesmanian. All rights reserved.
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About the Author
Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.


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Nintendo's 3DS, the first portable game device with a 3D screen, will go on sale in Japan on Feb. 26 next year, the company said Wednesday.
Nintendo's forthcoming 3D-without-glasses gaming handheld sounds mighty indeed, if just-leaked internal specs prove legitimate.
Microsoft's revision of the Xbox 360 brought results in July when the console topped the U.S. video game sales ranking for the first time in three years, according to figures from NPD Group.
Nintendo reported a net loss for the April to June quarter as the strong Japanese yen and weak demand for its products hurt earnings.
Nintendo will announce details of a new product on Sept. 29, it said Thursday. The tight-lipped company wouldn't provide any more details, but with its 3DS handheld due to be launched in the coming months the chances are high it will be detailing lau...
Retail video game sales fell slightly in June, dragged under by anemic handheld hardware and software sales, but bolstered by strong console unit growth. Helped by new model sales, the Xbox 360 topped the Wii for the first time in months, pulling ahe...
No, 3D video gaming probably won't wreck your eyes if you're an adult--let's be clear about that upfront--but a cautionary editorial at Audioholics expands on industry warnings that it could well be hazardous for kids under seven.
Nintendo is planning to launch a new version of its handheld DS gaming device on which users can get the illusion of 3D without using special glasses, it said Tuesday.
Could Nintendo's Mario and Luigi be headed for blackboards and pop-top desks after decades battling bob-ombs, chain chomps, hammer bros, and koopa troopas? Mario creator and Nintendo R&D guru Shigeru Miyamoto certainly hopes so.
Nintendo has unveiled a sequel to its 2009 sleeper hit Scribblenauts, set to be on the shelves this November.
In an interview with the UK's Financial Times (registration required to read) newspaper Nintendo president Satoru Iwata states that the company is interested in exploring an "Amazon Kindle" like service for the future of the Nintendo DS. "I'm interes...
Nintendo will launch a new version of its handheld DS next month with a larger screen, it said Thursday.
This console generation has been going on for quite some time. The Nintendo DS is almost five years old, while the Xbox 360 is almost finishing its fourth year of existence. Microsoft, Nintendo, and Sony have done an admirable job making their system...
Dragon Quest IX, one of the most anticipated video games ever to hit Japan, went on sale on Saturday morning and sold an impressive 2.3 million copies over the weekend, according to Enterbrain.
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Honda has revealed that the iconic Honda E electric car won’t be getting a direct replacement anytime soon, due to customer choices that are more towards SUVs. The company has said that, for the foreseeable future, it won’t be making any small electric cars, with an increased focus on SUV models – as they are more popular.
Honda currently has a growing lineup of SUV models, with the CR-V, ZR-V and HR-V. The company has also recently unveiled the all electric e:Ny1, the first electric SUV from Honda.
Rebecca Adamson, head of Honda UK, said:
“There won’t be more cars the size of the Honda E. I can say that confidently. The market demand in the UK is the SUV sector, so that’s why the focus is there. It’s a market-led product line-up. As long as that’s where the market is, we will continue to be SUV driven.”
The Honda E is a fantastic little car. We have a review of it coming soon to the interface and despite its lofty price tag, less than ideal range it certainly has a lot of charm and character. Used examples can be picked up for around £18,000 in the UK, which is a huge fall from the £37-£38k it costs brand new.
Honda have only sold around 2,000 units in the UK to date, based on data from the DVLA and for this sort of car, it isn’t enough unfortunately. Hopefully the e:Ny1 retinas as much charm as the lovely, little Honda E.


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Supermarket kiosk network Coinstar has further enlarged its bitcoin-buying service, putting up roughly 100 new outlets and increasing U.S. coverage to 21 states and the District of Columbia.
The service, provided through collaboration with blockchain startup Coinme, now enables customers to purchase bitcoin with fiat at more than 2,200 locations, Coinme revealed May 22. As of April, the service was accessible at roughly 2,100 locations in 19 states.
The service enables purchases for any amount up to $2,500 using U.S. dollar bills, not coins.
Jim Gaherity, CEO of Coinstar, stated that the service had witnessed a favorable response, receiving “overwhelming” demand from new retail partners and consumers. He also shared that Coinstar will continue to pursue new markets “in the coming months.”
At present, supported cities include Boston, Dallas-Fort Worth, Chicago, Houston, Philadelphia, Los Angeles, Seattle, San Diego, and Washington D.C, among others.
Coinstar initially collaborated with Coinme early this year to allow bitcoin purchases at Safeway or Albertsons stores in Texas, California, and Washinton states at the time. In April, it provided support for Shaw’s, Jewel, Save Mart, and more.
Neil Bergquist, co-founder and CEO of Coinme, said:
“Bitcoin and other digital currencies offer unique benefits to consumers – including the potential for more cost-effective and faster remittances to family and friends.”
In total, Coinstar stated it now owns and manages more than 20,000 fully automated self-service coin-counting kiosks in nine countries, including thousands in the U.S. that enable bitcoin purchases.


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Report in Focus - Rum no longer just a consolation prize
Increased investment by multinationals is transforming the rum sector which, according to a new report from just-drinks and IWSR, could be the next "hot" international spirits category. Ben Cooper reports.
Given that both Fortune Brands and Diageo were at one stage in the hunt for Absolut vodka, ending up adding rum brands to their portfolios, while Pernod Ricard walked away with the main prize, may seem scant consolation.
However, given the growth and potential in the category, a rum brand should perhaps no longer be seen as a consolation prize. According to a new report from just-drinks/IWSR, Global market review of international rum - forecasts to 2012, the rum market "has been displaying consistent and sustained growth" in recent years, rising by a compound annual growth rate of 1.7% between 2003 and 2007 to reach 120.8m nine-litre cases. Moreover, the report forecasts the market will grow to some 134.9m cases by 2012.
"Rum is widely tipped as the next hot international category," the report states. "Rum is undoubtedly substantial in terms of volume and breadth of markets, but has tended to lag behind other categories, such as Scotch, in terms of its international and premium development."
The growth potential is attracting increased investment from multinationals which, the report points out, is transforming the category. For many years rum was essentially a cottage industry dominated by Caribbean, Central or South American producers. Bacardi was the only truly international brand. But the entry of the major spirits multinationals into the category is providing much-needed investment, distribution and brand-building skills.
The increased investment has resulted in improvements in production methods, presentation and innovation, closing the gap between rum and other spirits categories. "Rum is now shedding its commodity image and is being recognised for the high-quality product that it has the potential to be," the report states.
One clear sign of development is that the sector is now seeing the kind of consolidation already witnessed in other spirits categories.
Fortune Brands' acquisition of Cruzan from Pernod Ricard for US$100m last October was just one of the significant deals during 2008. In February 2008, CL Financial, which owns Angostura rum, acquired Lascelles deMercado and Company, producer of the Appleton Rum brand, for around $900m. In the same month, Edrington Group acquired a majority participation in Dominican Republic rum producer Brugal Company. Diageo had acquired the global distribution rights to Zacapa in February.
As more big companies enter the rum category, the marketing investment behind brands is also on the up. "The ratio of advertising and promotions to net sales is growing ever higher, particularly in the US," the report states. "This growing critical mass of investment and so-called share-of-mind is helping to raise the image of rum and drive up overall category sales."
Even more encouraging, the report continues, is the premiumisation being seen in the market. While the low-price and standard qualities rose by 1.1 and 1.4% respectively on compound annual growth basis between 2003 and 2007, the premium and super-premium segments rose by 9% and 3.3% respectively. The premium share of the category has risen from 4.4% to 5.8% over that period, according to IWSR estimates.
There are a number of key factors driving growth in the rum market, the principal of these being rum's versatility. While rum is a mixable spirit used in many cocktails, aged 'sipping' rums appeal to spirits connoisseurs and are consumed much like older Cognacs or malts. And just like fine Scotch whiskies and Cognacs, rum brands have been able to trade successfully on their provenance. The exotic and glamorous nature of many rum-producing countries, and their increasing popularity as tourist destinations, has further bolstered rum's image. Meanwhile, the popularity of Latino culture in many markets has also had a positive influence on the sector, the report states.
Rum has also benefited hugely from the increasing popularity of cocktails. This trend is strongest in the US but is also evident in many cities around the world, the report states. Moreover, the cocktail route is not restricted to white rums. The report points out that dark rum brands are also looking to tap into the cocktail boom.
Another trend fuelling growth is the increasing popularity of flavoured spirits. "This [trend] is most apparent in the US and Caribbean, but is showing some signs of spreading beyond. Rum naturally lends itself to flavoured expressions. Brands such as Bacardi, Captain Morgan and Cruzan today derive considerable volume from their flavoured variants."
According to the report, the flavoured rum category in the US rose by a compound annual growth rate of 8.3% between 2003 and 2007 to reach 8.5m cases, though much of this growth came from Captain Morgan Spiced. In fact, spiced rums have generally performed better than fruit-flavoured rums, with some exceptions such as Bacardi Limon. Flavoured rums have also enjoyed success, from a smaller base, in Canada, the UK and Brazil, the report adds.
However, while flavoured rums clearly offer growth potential, some rum marketers are uneasy about an over-emphasis on the flavoured side of the business among some brands. While they provide a point of differentiation, offer potential for incremental sales and generate consumer and trade interest, there are worries that having too many new flavours can lead to dilution of a brand's image.
There is also concern that over-emphasising flavoured rums confounds efforts to promote rum as a premium, aged spirit. "Most premium rum marketers believe that flavours do not make natural bedfellows with their aged offerings," the report states. "They contend that the popularity of flavours has run contrary to their efforts to forge a more premium image."
Premium-orientated producers also point out that using flavours to provide differentiation is not necessary for rum in the way it may be for vodka. "Whereas products like vodka require flavours because there are otherwise relatively few points of differentiation. For rum producers that is not the case. There are other opportunities to broaden a portfolio through ageing, or barrel finishes."
While there may be something of a conflict between the two approaches, both appear to offer routes to growth, which in itself says something about the potential of the category and the opportunities on offer.
The top ten stories published on just-drinks this week:...
Scottish spirits company The Edrington Group is launching a nationwide sampling campaign this summer for its Brugal rum brand....
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Fortune Brands has confirmed details of its latest dividend payment....
Pernod Ricard has continued its divestment programme with the sell-off of its Tia Maria liqueur brand to Illva Saronno....
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Focusing on improving quality rather than lifting sales has paid
off for Dutch dairy group Campina, which has seen a solid
improvement in sales for its core brands despite volatile
international dairy markets.
The high cost of labour in the Netherlands has prompted dairy group
Campina to close down one production facility and transfer
production to other sites, including one in Germany where the costs
are much lower.
Purchases and new production facilities have so far marked the
healthy growth of Dutch life science company DSM in 2002. This week
the company announced further acquisitions with the purchase of the
food coatings activities of Vaessen...


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Taiwan's Chinatrust Commercial Bank has signed on to become a member bank of TradeCard, a global online international trade transaction network. As a member bank, Chinatrust will be considering members of TradeCard for trade financing without the security of a letter of credit.
Securing the co-operation of Chinatrust is a step forward for TradeCard buyers and sellers. The company's main proposition is to facilitate international paperless transactions based on the co-operation and trust of multiple parties in the trading process, thus making the paper burden of supporting letters of credit redundant. However, not all banks in Asia are ready to finance exporters without the security of a letter of credit.
"Some banks may not be willing to give financing on a TradeCard transaction, because although a lot of the TradeCard terms are the same as the terms of a letter of credit, it is not the same as a letter of credit," admits Carl Wegner, director of business development for TradeCard in Taiwan. What TradeCard is developing is a network of banks that will accept both a letter of credit and also the terms as agreed by TradeCard members, Wegner says.
The advantage is that as TradeCard member bank, Chinatrust will be able to monitor the status of a transaction, thus better managing its risk. "Chinatrust will, for example, be able to monitor when the packing is completed, and the logistics completed and if the bank wanted to integrate, they could integrate the process of the transaction into their back office. This menas that they [the bank] don't have to wait until the end to know if the transaction has been completed," says Wegner.
This open-account style of trading with financing by Chinatrust is more attractive to suppliers than it is to buyers. Under TradeCard terms, a buyer may have to pay sooner than usual, says Wegner. However, for suppliers, Chinatrust is added to the list of banks that will consider offering export financing to TradeCard members provided they pass the same credit checks as per normal.
Chinatrust's financing services will be made available to Tradecard members in Taiwan, Hong Kong and the United States, and the bank is the first Taiwanese bank to offer multi-country, multi-currency financing for members.


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Eight out of 10 music fans want iTunes to adopt a pricing strategy more consistent with the rest of the industry, according to a survey.
Apple's iTunes has its flaws and isn't nearly as flexible as it should be. There are ways to fix some of the flaws via free or low-cost add-ons.
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Online retailer Flipkart rejigs top deck to boost mobile phone sales
Samardeep Subandh, who joined the Bengaluru-based e-tailer as its marketing head in December last year, has taken over as head of categories.
China's production, investment, retail sales all disappoint in April
Growth in factory output cooled to 6 per cent in April, the National Bur...
US April retail sales post largest gain in a year
US retail sales in April recorded their biggest increase in a year as Americans stepped up ...
Sterling hits 3 1/2 mth high vs euro on strong UK retail sales data
Retail sales rose 1.3 percent in April from a month ago, easily beating forecasts of a 0.5 percent rise and leaving it up 4.3 percent on an annual basis.
NHPC share sale opens to 41 lakh bids from retail investors
The NHPC stock slipped below the floor price of Rs 21.75 in a weak market and was trading 1.86 per cent down at Rs 21.15 on BSE.
US retail sales fall on weak auto purchases; inflation tame
Other data on Wednesday showed a surprise drop in producer prices last month as rising energy prices were offset by a decline in the cost of services.
Indian platinum jewellery retail sales grew by 24% in 2015: PGI
The report says that platinum jewekllery is on a growth curve with growing consumer acceptance, increasing distribution and successful branded programmes.
Deutsche Bank to cut retail outlets, hire sales experts
Deutsche Bank is reducing its network of retail outlets in Germany to 500 from more than 700 as it seeks to lower costs and adjust to an increasingly digital banking sector.
US retail sales dip in February; prior month weak
The Commerce Department said retail sales dipped 0.1 per cent last month as automobile purchases slowed and cheaper gasoline undercut receipts.
Concor share sale gets 10% morning bids from retail investors
The government has already raised Rs 18,352 crore through stake sale in IOC, NTPC, EIL, PFC, REC and Dredging Corp.
Retailers feel consumers got no raw deal; brands claim sales on portals not driven by price-offs
Several brick and mortar stores posted their highest same store sales in more than two years during the October-December quarter.
V Mart Retail Q3 sales up by 15%
The retailer will introduce new line of fashion products in tune with Holi for all categories such as men, women western, women ethnic and kids wear.
Australia shares falter on financials, retailers; NZ up
The big banks were mixed with Commonwealth Bank and National Australia Bank down 0.11 and 0.76 percent respectively. ANZ rose 0.83 percent while Westpac was up 0.4 percent.
Expect to generate Rs. 1000 cr in sales for partner retailers in next few months: CashKaro
Compared to competitors, CashKaro offers an 'extra cashback' to customers. Not only do they get coupon savings in the form of discounted prices, they also get additional cashbacks.
Most foreign retailers entered India via online sales channels this fiscal
In its outlook for 2016, the report said that upcoming developments will be focused on luxury retail in Delhi and Mumbai.
Flipkart tweaks discount strategy for sale
Brands have passed on inventory just for the sale period at a lower price to sellers at Flipkart and they have also agreed on a lower margin to bring down prices.
Apple plant in India to benefit retail sector: Google official Nitin Bawankule
"Now, whether it will impact online or offline it doesn't matter, I think, but if Apple decides to set up one such plant, it's great for the industry," he said.
CAIT demands regulatory authority for online retailers
Although e-commerce has introduced significant choices for Indian consumers and customers, it has also given rise to many disputes.
UK public finances show largest January surplus since 2008, retail sales boom
To meet the goal of cutting the budget deficit to 73.5 billion pounds - or 3.9 per cent of gross domestic product - by the end of the tax year in March.
US retail sales, industrial output data point to softer growth
US retail sales fell in December as unseasonably warm weather undercut purchases of winter apparel and cheaper gasoline weighed on receipts at service stations.
KVIC targets to increase sale of khadi products by 35%
According to estimates for 2015-16, the sale of khadi products has gone up to Rs 1,510 crore, up 29% from Rs 1,170 crore sales recorded during 2014-15.
Here's why Mahindra Finance retail bonds oversubscribed 2-times
An overwhelming response to the year’s first retail bond sales has indicated that yield-hungry investors are scouting for higher rates in a lower interest rate regime.
RBS confirms exit of retail banking branches in India
The bank added that it will support its customers and employees through the transition and ensure least possible disruptions.
Smartphone sales drop, users await affordable options
Smartphone sales fell 8.2% sequentially in the January-March period, according to International Data Corporation (IDC) India.
Aditya Birla Fashion and Retail to acquire Forever 21 India business
Currently, a joint venture between DLF Brands and the US company operate 10 brick-and-mortar and the company sells online through fashion portal Myntra.
China Lunar New Year holiday retail sales up 11.2% year-on-year
China's retail sales grew 11.2 percent during the week-long Lunar New Year vacation compared with the same holiday period last year.
Wall Street drops at end of tough week for retailers
On Wednesday, Macy's poor quarterly report triggered a selloff in US retailers. It lost 17 per cent for the week after gaining 1 cent on Friday to $31.22.
Fast Retailing cuts profit view, mild winter hits clothing sales
The company said it now expects an operating profit of 180 billion yen for the year through end-August compared with an earlier forecast of 200 billion yen.
Govt to soon decide on Apple's single brand retail proposal
The company has sought exemption from the local sourcing norms as it makes state-of-the-art and cutting edge technology products for which local sourcing is not possible.
German retail sales dip on the month in October
On the year, retail sales climbed by 2.1 percent, missing the consensus forecast for a 2.9-percent rise.
Acer seeks to reap Make in India perks with switch to retail model and sell
The company would start manufacturing smartphones in India from its Puducherry unit in the next three months. It already assembles desktops here.
Wall Street ends down sharply with retailers, Disney
Based on the latest available data, the Dow Jones industrial average was down 217.3 points, or 1.21 per cent, to 17,711.05, the S&P 500 had lost 19.91 points, or 0.96 per cent.
End of sales season? Fashion retailers witness poor business despite early sales owing to warm winter
In Delhi, a major market for winterwear, the odd-even vehicle rationing is also hurting sales as fewer people are visiting malls, said industry executives.
Japan output, retail sales slump, dampen recovery prospects
Industrial output fell 1.0 percent in November from the previous month, more than a median market forecast for a 0.6% decline, data by the trade ministry showed on Monday.
Reliance Retail’s LYF handset brand could be worth $1 billion in FY17: CLSA
The LYF brand emerged as India's fifth largest smartphone player in its first quarter since launch in the world's fastest growing smartphone market which is led by Samsung.
US retailers at risk of missing modest holiday sales goals
Retailers are struggling to meet even modest forecasts for the holiday shopping season this year after the "Super Saturday" before Christmas failed to live up to its nickname.
Tata Steel UK completes sale of long products business to Greybull
Tata Steel today said it has completed sale of its European long steel business, including the giant Scunthorpe plant, to Greybull Capital LLP.
Rocket Internet's sales growth slows as it seeks to stem losses
Founded in 2007, Rocket has spent heavily on marketing and logistics to build up dozens of businesses ranging from online fashion to food delivery.
Rental arm stake sale to close by financial year: DLF
In a chat with ET Now, DLF's CFO Ashok Tyagi talks about the Q4 earnings of the group and the road ahead including the most anticipated Rental arm stake sale.
Maruti Suzuki sales up by 10.6 per cent
Country's largest car maker Maruti Suzuki today reported a 10.6% increase in domestic sales due to strong demand for new launches such as Baleno and Brezza.
Reliance Industries plans to exit international fuel retail business, to sell stake in GAPCO
The company will focus only on India for the fuel retail business, a person with knowledge of the matter said.
Shopsense Retail Technology launches Fify - a personal virtual shopping assistant
Fify is now in the beta phase and the startup claims it has seen over 50,000 conversations since its launch on Facebook Messenger a week ago.
E-tailing to drive 25% of organised sales in India by 2020: AT Kearney
Some of the other findings of the report include a five fold growth in number of women shoppers by 2020 and women currently shopping online doubling their online spend.
Apple's stores getting new look as other retailers struggle
Apple provided a glimpse at its revised approach to retailing Thursday, the 15th anniversary of the company's first stores.
Sun Pharma guides 8% to 10% sales growth for FY17
For the full year, Sun notched up net sales/total income of Rs 27744 crore, growing 2% over the corresponding year last year.
DLF launches massive retail initiative 'Mall of India'
DLF has launches its massive retail initiative in the form of Mall of India in Noida. The management speaks about the initial response.
Central ministries differ on rules allowing FDI in retail food products
Policymakers have been gradually becoming wary of including sectoral conditions in the FDI policy that they say only burden it.
Tata Motors Q4 net profit triples on strong JLR sales
Tata Motors posted three-fold rise in its consolidated net profit at Rs 5,177.06 crore for the fourth quarter ended March 31, driven by strong performance of its British arm JLR and robust volume growth of its heavy and medium commercial vehicles.
Tata Motors Q4 net profit triples on strong JLR sales
Profit was helped by a one-time gain of Rs 555 cr in an insurance payment for damage caused to JLR cars in an explosion at Tianjin port.