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Cash is under threat across our planet.
Card schemes hate cash, as they can only wring profit from their debt-creating plastic products.
Visa and MasterCard have both made clear that cash is their enemy. Since 90% of all purchases on our planet are made using cash, this enemy of the card schemes must be the trusty friend of humanity.
Cash-is-Cool is working tirelessly to defend cash from predatory card schemes.
There has been much publicity in the last week or two about the threat of strikes by UK public sector workers.
The media has publicised great concern regarding the potential for a couple of badly disrupted days throughout the country, at places like Heathrow Airport. I have to say however that Heathrow always seems more than a little disrupted, so it may well be a case of "spot the difference" as far as seasoned travellers are concerned.
More seriously, a few strikes in the UK do not seem to me to be the most important of current industrial disputes.
If you want to see a really serious strike situation, look no further than China. Yes, no mistake, I do mean China.
Workers in a number of Chinese factories, including a number of shoe manufacturers, are currently withdrawing their labour over pay issues.
It seems that "basic" factory pay in China is usually very low; the workers depend on their overtime to make a living, something that is growing ever more difficult to do given rampant Chinese retail price inflation.
Now Chinese factories are slashing overtime, leaving their workers struggling to afford the basics of living and looking to strike action in order to fight for their rights.
Any factory striking in China involves a significant number of people; there are few small factories in the country. It is commonplace for one facility to employ between 20, and 30,000 workers - and more than one has been impacted.
It all adds up to a lot of unhappy citizens and a mass of placards, despite the lack of publicity in the West.
Let's not be fooled, however. Those factory strikes in China are infinitely more worrying that a few dreary days at Heathrow.
The rest of the World depends on a compliant Chinese workforce beavering away in their tens of millions, content with a relatively low standard of living. Low Chinese wages = low prices in Western shops.
Should Chinese workers fail to act out their role as willing labourers, it may ultimately cost many of them their jobs. Western retailers’ purchasing departments are already looking elsewhere for their cheap labour-driven low factory gate prices. Korea is the latest country to attract this attention.
However, many fear that China is in reality irreplaceable as the low cost supplier to the World. If that is the case, stand by for higher retail prices in UK shops very soon. As Chinese workers get richer, Western consumers will get poorer. That is the harsh reality few of us want to face but that has been grasped by at least some of our political leaders.
The Euro crisis too, is making many in our region worry about their future prospects. They are right to do so. There are no easy answers in a World where the shift of economic power to the East has been very pronounced.
The Western economies CAN recover much of the ground they have lost BUT this will only happen through a massive change of thinking and matching actions.
World trade is a good thing but every country must both give and take if it is to work. Those in the West have tended to see themselves as the owners of "intellectual property", which meant that others, elsewhere, had to do the hard labour. That game is now as outmoded as Trivial Pursuits.
The days of easy prosperity are gone. The hard work towards a better future must begin soon.
Let's get on with it.
Tuesday, 29th November 2011


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Mazda and TomTom have been working to solve a problem with TomTom Live services on some cars which resulted in both companies being inundated with complaints from drivers and owners.
Mazda CX-5 and Mazda6 models equipped with integrated TomTom satellite navigation receive a three-month free subscription to TomTom Live services, which provides traffic information updates every two minutes and a route change alternative to avoid traffic jams.
Customers have the option to extend this service after three months with a paid-for subscription.
However, many Mazda drivers have encountered problems with TomTom Live. A number of drivers have also contacted Fleet News with their complaints.
A Mazda spokesman told Fleet News: “We are aware of a few issues relating to some of the TomTom navigation units fitted to a small number of Mazda6 and Mazda CX-5 vehicles.
“These issues do not affect the standard navigational aspect of the TomTom and the unit will continue to function correctly for guidance.”
Mazda claims that some of the issues identified by its customers have already been resolved. The remaining concerns are being addressed “with the full cooperation of TomTom”.
“We are treating this with our highest priority,” the spokesman added. “We expect a full resolution to all the outstanding issues as soon as possible.”
Mazda advises any customers experiencing a fault to contact their local Mazda dealer or TomTom for over-the-phone diagnostics or for a preliminary dealer check. It is possible that a solution is readily available.
“The majority of the issues surround the TomTom Live services,” it said.
“We would reiterate that the guidance function of the sat-nav is working correctly and is not affected.”
A TomTom spokesman told Fleet News: “TomTom and our partners are putting a lot of effort into finding the root cause and solving the Live issues customers are experiencing.
“We take the customer very seriously, so we are planning a fix for this very complex issue and we are investigating further improvements. Unfortunately we cannot provide a timescale yet, butwe want to assure customers that this is being given a lot of attention.”
Comments from fleetnews.co.uk
“Live services are failing every two minutes on the Mazda CX-5 and both Mazda and TomTom seem unable to resolve the issue. Desperately needs sorting with a recall. Disgraceful that this is happening in 2013 on a new £30,000 car.”
“I took delivery of a new Mazda6 Sport Nav in April this year, paying extra for the Nav version, and Live Services have worked for only four weeks maximum. Mazda does not know what’s wrong or how to fix it and have offered me nothing in recompense.”
“I have had no Live services since purchasing a CX-5 more than a month ago (it’s the same TomTom NB1 unit). After a lengthy email exchange with TomTom customer services and following their reset instructions – which made the problem worse by rolling back software updates – it decided to blame the hardware and direct me to Mazda. Funnily enough it then randomly started working again at the weekend after I had told them to cancel my pointless £55 Live Services subscription.”

domain: news


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Room 116 points to a great article in New York Magazine about Sidney Frank, CEO of the Sidney Frank Importing Co. The piece describes Frank’s Gatsbyesque rise, and how he created Grey Goose vodka from thin air.
In this story, the name came first—as it so often does when image is the paramount concern. Frank recalled he’d once sold a Liebfraumilch named Grey Goose back in the seventies. These were German white wines that were briefly hip but faded into oblivion. “I remember there was always something in the name that had magic with the consumer,” says Frank. (It may also be that Frank liked the name because he already owned the worldwide rights to it.) Frank gathered his lieutenants at the company’s New Rochelle headquarters. “Go to France and come back with a vodka,” he said. So they met with cognac distillers, whose business had slowed. The stills were switched to vodka, and at last there was an actual product.
But why France? Doesn’t vodka come from Russia, or perhaps, in a pinch, Scandinavia? “People are always looking for something new,” says Frank. It’s all about brand differentiation. If you’re going to charge twice as much for a vodka, you need to give people a reason.
Frank could see that there was a product missing from the shelves. Here were all these vodkas, in the $15-to-$17 range, vying to be the premium brand (with Absolut mostly winning). Frank just sidestepped the fray altogether and charged an unheard-of $30 a bottle. The markup amount was pure profit. “He was the first person to see,” says an executive at rival Bacardi, “that there was a superpremium category above Absolut, if you had a good product story.”
By the way, Frank recently sold Grey Goose to Bacardi for $2,000,000,000 in cash. According to Forbes, the sale–the largest in liquor-business history for a single brand–solidified his spot in the booze business pantheon. It also landed him on The Forbes 400. His personal proceeds from the deal, plus a 75% stake in Sidney Frank Importing, make him worth at least $1.6 billion.
Uh hum…I think I’ll have a Smirnoff and Cran.


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Tugende, an asset finance company based in Uganda, has raised $3.6m in additional equity financing to close its Series A round.
This additional round was agreed and structured in 2020 and was led by Partech, the French venture capital firm, with participation from Enza Capital and regionally based angel investors.
Partech and Enza join Toyota Tsusho’s Mobility 54, which led the first close announced in September 2020, as Tugende’s investors.
With the follow-on funding, Tugende’s Series A comes to a total of $9.9m.
Founded in Kampala, the capital of Uganda, by CEO Michael Wilkerson, in 2012– the company provides a technology-based medium for micro, small and medium enterprises (MSMEs) to own assets that help generate income.
Some of these assets include motorcycle taxis, boat engines, cars and refrigerators, but also medical and life insurance, training, safety equipment and digital credit profiles. It is currently piloting financing for e-mobility assets.
Since their operations launched nearly 9 years ago, Tugende has served more than 43,000 clients across Kenya and Uganda. It also has 20 branches in Uganda and 4 in Kenya.
The technological aspect of Tugende’s offering is in the fact that payments for the assets are digitalised. With the digital data, Tugende is able to provide proprietary credit scores automatically to all clients to help them monitor their performance. This could give the clients access to discounts and new assets.
Partech decided to invest in Tugende last year “in the middle of the pandemic” according to Tidjane Deme, general partner at the VC firm who co-leads the Partech Africa fund.
“Tugende combines technology and strong operations to aid millions of professionals to grow their businesses and drive economies forward. We will support Michael and his team to build up the tech platform, fine-tune the model and expand in new markets,” Deme said.
Tugende is not alone in the business of tech-enabled asset financing in East Africa. In Kenya, M-KOPA is recognized for providing a way for low-income households to procure electronics like smartphones, televisions and refrigerators.
Both companies are tapping into a increasing adoption of digital platforms for payments in East Africa and the continent at large.
Get the most comprehensive roundup of technology news on the continent, delivered to your inbox every weekday at 7am WAT
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HICKSVILLE, Long Island (WABC) -- The Long Island Rail Road is putting the first of its new M9 cars -- the first step in replacing its aging fleet -- into service beginning Wednesday.
The MTA previewed eight new train cars Tuesday, taking LIRR President Phillip Eng and other MTA officials on a ride between Jamaica Station and Hicksville.
The LIRR will add new cars every month until reaching a total of 202 new ones on the tracks by March 2021.
"These new cars will offer new amenities and a better environment for our customers," Eng said. "Even if your train isn't composed of these cars, there's a good chance they will benefit you because as we receive more of them, we will lengthen many of our busiest trains, providing more seats for more customers."
The electric M9 cars are the first new trains the LIRR has gotten in nearly 20 years, and they will provide a much-anticipated modern upgrade to the outdated existing cars.
The cars will have exterior destination signs on the front of cars that are visible to passengers as the train approaches the station, similar to the new cars on Metro-North's New Haven Line. They will have electrical outlets on both sides of the car in each row of seats, and closed loop armrests that won't tear garments or catch bag straps.
The cars will feature an innovation that is new for the first time in the region: an electronic display that will let passengers know what car within the train they are seated, which will be of help to customers exiting at stations where not every car will meet the platform.
Walking from car to car will become easier, as well, because between every other car will be a door that operates at the push of a button.
The seats in the cars will also be slightly wider than the seats on the M7 cars, and the cars will seat more people with up to six additional seats in each pair of cars.
The cars are fully equipped for Positive Train Control, a major safety enhancement that will reduce the potential for human error to contribute to train-to-train collisions or derailments. They also have cameras in the train engineer's cab facing into the cab to monitor the engineer's alertness and facing forward to show the tracks ahead, and cameras in passenger area of the cars to serve as a deterrent to criminal activity.
The bathroom experience will be enhanced on the new cars, which will have better restroom design that improves cleanliness. There will be no touch needed for flushing the toilet, dispensing sink water and hand soap and drying hands. There are improved restroom doors and coat hooks and additional air quality treatments.
The cars will have additional speakers in the vestibule for clearer public announcements, threshold illuminating lights at the side and end doors, and are anticipated to offer a smoother ride than the M7 cars and reduce sun glare with a slightly increased level of window tint.
The cars are being designed and manufactured by Kawasaki Rail Car, based in Yonkers. The first 14 pilot cars were built in Japan, with these first eight aggressively tested in Pueblo, Colorado, before further aggressive testing on the tracks. The remaining 188 cars are being manufactured in Lincoln, Nebraska, with final assembly taking place in Yonkers.
The new cars were ordered in 2013 in response to increased ridership on the LIRR, but they were delayed due to multiple problems.
The refreshed fleet will hopefully fix the "constant problems" caused by the outdated trains, rider advocates have said.
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MTA previews new LIRR cars, going into service Wednesday for AM commute


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Competition Offering Pipetting Robot Prize Announced
Jun 11 2018 Read 412 Times
Integra Biosciences believes that scientists deserve the tools to make their lives in the lab easier, faster and more productive, whether they’re carrying out serial dilutions, reformatting plates or transferring samples. This has been the driving force behind the company’s innovative product range and, to demonstrate its commitment to transforming the world of pipetting, Integra has created an offer that few scientists can resist.
Following the successful launch of its new ASSIST PLUS pipetting robot – which puts automated pipetting within reach of virtually every lab – the company is going one step further and offering one lucky scientist a chance to win their very own ASSIST PLUS, including a pipette and tips starter pack. In addition, 50 entrants will receive a set of Bluetooth headphones. The competition is open to everyone – whether or not you are an existing customer - and entering the competition is easy. All you need to do is fill out a short online questionnaire, which will help Integra to better understand the pipetting problems encountered by scientists and, no doubt, inform the future direction of product development. The deadline for entries is the 31st of August 2018, and the winner will be announced shortly afterwards.
Fill out the questionnaire for a chance to transform your pipetting future!
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In This Editon Articles - More than One Way to Hit the Bullseye - Gas Chromatography - Vacuum Ultraviolet Spectroscopy - News Bites from the UK Laboratory Industry Mass Spectrometry & Sp...
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Jun 26 2019 Basel, Switzerland
Jul 01 2019 Manchester, UK
Jul 03 2019 Tokyo, Japan
Jul 07 2019 Baltimore, MD, USA
Jul 09 2019 Johannesburg, South Africa


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It was a few weeks after our twin boys’ first birthday, about 5 p.m. on a Saturday, when my wife came outside while I was cutting grass. She knows I don’t want anyone outside while I mow.
Max, our oldest, was having an allergic reaction to some peanut butter he had smeared on his face. I was panicked. She was calmer. She had called a local pediatrician’s hotline, and the nurse advised giving him some children’s Benadryl and watching to see if his reaction worsened. If so, we were to rush him to the emergency room (not long ago our community got a dedicated children’s emergency room).
The full extent of Max’s allergy is yet to be determined by an upcoming visit to an allergist. And his identical brother, Wyatt, who didn’t get into the peanut butter, will also have a panel of tests run. With children always getting into things they shouldn’t, it's possible it's something besides the peanut butter that triggered the rash.
Roughly three million kids in this country suffer from food allergies, according to a Centers for Disease Control and Prevention study. Reactions can range from temporary discomfort all the way to death in extreme cases. So, what’s a conscientious parent to do?
When in doubt, cut it out, says Erin Everhart, a spokeswoman for Hope Paige Designs, a maker of medical ID bracelets. That’s the best advice when it comes to protecting children from food allergies. If you discover a certain type of food causes health problems for your kids – and usually, the reaction is stumbled upon, as in our case – eliminate it from your children’s diets.
Most Common Offenders
The Food and Drug Administration has identified eight foods that it says account for 90 percent of allergic reactions. Here’s a list of the biggest offenders:
- Crustacean shellfish
- Tree nuts
Federal law requires manufacturers to list all major food allergens on labels. The FDA recommends that you read food labels carefully, checking for these ingredients if your child may be allergic to any of them.


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Apple Pay debuts in Spain with Banco Santander
Banco Santander introduced Apple Pay to its customers in Spain this week, according to a press release.
"Apple Pay shows we are committed to collaborate and to bring innovation and new technology to our customers to make their payments easier, faster and more secure," said Rami Aboukhair, country head of Santander Spain. "We are convinced our customers will love it."
Three-quarters of Spanish merchants support contactless payments in their store; Santander customers with Apple Pay on their NFC-enabled iPhone or Apple Watch can use the payment service at any of these locations after uploading their Banco Santander MasterCard debit or credit card to the app, the release said.
Apple earlier this year targeted Spain for an Apple Pay launch by the end of 2016.


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Keen to have the first Snapdragon 800 powered device? Want to be one of the first to know when it will become available for sale?
T-Mobile’s sign up page has just gone live, and while there is no specific mention of pricing or availability with regards to dates, it’s likely that it will go on sale at a $199.99 price point on a new contract, and will be getting into the hands of consumers in the 2nd half of September.
Anyone going to get one? How about LG’s G2 vs the Galaxy S4? Do you think this serves as the reference device for the upcoming Nexus 5? Let us know down below!
On the apps front this week, the big topic is Google Maps. Maps has a completely new UI, pretty much fullscreen, a slideout menu and has the action button on the bottom right. The search bar at the top brings various items into the mix and the search results are given in a nice card layout. The overall layout is much simpler. Sadly, Latitude is gone from the app and retiring for good on August 9th, in which location sharing will be rolled more and more into Google+ instead.
Thanks to an friend in the know, we reported the goods on the Moto X. It’s launching on August 23rd, has a 4.4 inch 720p screen, a 10MP camera, and you can say “okay, Google Now” [...]


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DOUGLAS — Marijuana can be purchased for recreational use at a dispensary for the first time in Allegan County beginning Thursday, April 2.
Green Koi marijuana dispensary, 435 Blue Star Highway in Douglas, is the first business in the county to get its license to sell marijuana for adult use. Green Koi opened Feb. 14 as a medical marijuana provisioning center with the intention of eventually also selling adult use marijuana.
The owners, Ethan Del Stone and David Setzke, said they want to make it clear to customers they are following CDC guidelines to prevent the spread of COVID-19, in addition to other safety precautions.
"We had the foresight to set up an online ordering service before we opened our store, but now it is extremely valuable," Setzke said. "Our customers have really appreciated the ability for them to be able to place their orders that way."
Green Koi switched to exclusively selling its products curbside before Gov. Gretchen Whitmer issued the stay-at-home order as a precaution to protect its staff and customers from the spread of coronavirus.
As long as there are no in-store sales, dispensaries are allowed to operate with curbside or delivery services under the executive order.
Customers can order ahead of time on the dispensary's website at greenkoi420.com. Employees also have tablets that they can take customers' orders on from their cars. The dispensary also accepts orders through Leafly and Weedmaps. Delivery services will possibly be added in the future.
Green Koi is open from 10 a.m. to 7 p.m. on Monday, and Wednesday-Saturday. The dispensary is open noon-5 p.m. on Sunday, and closed on Tuesday.
"We are requesting customers stay in their car," Setzke said. "If they bike or walk, and we do have customers that do that, there will be a six-foot distance box outlined on our sidewalk for each customer that does not drive."
The owners said they are expecting a large turnout on Wednesday, but it is more important to them that customers follow the safety measures and social distancing guidance.
"Our (adult use) license was approved officially one week ago," Setzke said. "It was important for us to have everything written out and guidelines for our employees and a game plan to implement all new practices. It wasn't a rush."
People who are 21 and older who do not have a medical marijuana card will now be able to purchase cannabis at Green Koi by showing any form of government identification including a drivers license or passport.
"We are really excited to have this right now," Setzke said. "It's an unfortunate truth what all of us Americans and around the world are dealing with but we're hoping what people can purchase here will reduce anxiety and stress and help you feel good at this time."
— Contact reporter Kate Carlson at firstname.lastname@example.org and follow her on Twitter @SentinelKate and @BizHolland.


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We here at Nintendo Enthusiast do not endorse hacking, but this latest development in the world of Switch Hacking is actually rather useful.
Hackers have been able to unlock a save-data backup and restoration functionality on the Switch. This is a feature that owners of the system have been asking Nintendo for since the system launched. It’s definitely a very important thing to have, especially since the Switch having portable functionality puts it at risk of being lost, damaged or stolen.
Twitter account Bernardo Giordano posted this picture showing the operation being carried out:
Seems that we successfully performed save backup and restore operations directly on #NintendoSwitch through Checkpoint! Source code will be available sometime this year (with some goodies coming for the Nintendo 3DS version) on https://t.co/w8lr6hi4DH pic.twitter.com/7vZsCVNwUc
— BernardoGiordano (@bernardogior) April 7, 2018
Admittedly, this does show that not all hacking is bad. Really, the main thing that makes console hacking such a touchy subject is that it usually ends up resulting in software piracy, which is bad no matter which way you slice or dice it. In any case, this is a truly useful feature that hackers have unlocked. Hopefully, Nintendo will be pressured even further to officially add this functionality.


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The Treasury Inspector General for Tax Administration (TIGTA) published a document this fall that reviewed the growing usage of Bitcoin and other digital currencies in the private sector. While acknowledging there are benefits to “virtual currencies” including lower transaction fees and faster transfer of funds for services provided, the government is deeply concerned that virtual currencies are also popular because the identity of the parties involved may be anonymous, leading to a greater possibility of their use in illegal transactions.
Back in 2014, the Internal Revenue Service made the determination that virtual currencies are “property” – a way for the government to differentiate between a fiat currency issued by a government and currency created by another entity and establish a tax approach. But this also creates an enigma for the Feds regarding individuals seeking to skirt their monitoring responsibilities as digital currencies have the ability to do just that.
Banks, the traditional transaction middle-man for financial transfers, are highly regulated entities. Bitcoin transactions which occur in a distributed environment are not. The government has established highly regulated reporting obligations upon financial institutions and money services businesses or MSBs. These MSBs are money transmitters, currency dealers, issuers of traveler’s checks, money orders etc. who are required to register with FinCEN) At one point the US Department of Treasury via FinCEN issued guidance that states a user who obtains virtual currency and uses it to purchase real or virtual goods or services is not an MSB thus no reporting is necessary.
Pointing to the success, and ultimate downfall of Ross Ulbricht and his Silk Road site, the government fears the anonymity feature of virtual currencies and the unscrupulous characters it may attract. With this in mind, they are recommending the IRS to prepare a comprehensive strategy that will “assist taxpayers” lawfully engaged with virtual currencies to voluntarily comply with the tax laws while seeking to identify individuals unlawfully engaged in their use.
The complexity of the challenge is exemplified in the government’s explanation of what they expect should occur in using Bitcoin or another digital currency in a transaction:
“if a taxpayer uses a portion of a bitcoin to buy a cup of coffee each day for one week, he or she will have to determine what portion of the bitcoin was used to make the purchase based on the daily exchange rate, convert it into U.S. dollars, and keep a record of each transaction so that the gain or loss from his or her virtual currency property can be properly reported.”
Treasury warns that until a strategy is developed regarding digital currencies, the “IRS is open to the risk that undetected noncompliance of virtual currency taxable transactions…”
The document by TIGTA itemizes three recommendations including;
- The development of a coordinated virtual currency strategy that includes outcome goals, a description of how the agency intends to achieve those goals, and an action plan with a timeline for implementation. This recommendations was accompanied by a demand to educate taxpayers on digital currency compliance.
- Action by the IRS should be taken to provide guidance to reflect the documentation requirements and tax treatments needed for the various uses of virtual currencies. This would “help” taxpayers voluntarily comply with their tax obligations.
- There is a need to revise third-party information reporting documents to identify the amounts of virtual currency used in taxable transactions.
Of course involving the government in Bitcoin/Crypto currency transactions means added layers of compliance and cost that has the potential to undermine some of the aforementioned benefits of digital currencies. The IRS should probably exempt individual transactions below a specific transaction value as not requiring any additional reporting. The bigger problem is that the proposed approach adds layers to an already byzantine and productivity killing tax regime in the US. Obviously this is a far bigger problem and virtual currency taxation is just a symptom of the illness. It is a tall task for a federal agency to think outside of their mandated objectives.
The document, embedded below, is perhaps more indicative of a government struggling with formulating a tax policy using an approach better suited for time before Bitcoin. With Congress expected to tackle tax reform in 2017 adding virtual currency to the legislative list may be the better approach.
[scribd id=332449472 key=key-BgunVPunjKF53B477sbX mode=scroll]


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A new report claims social networking sites have dethroned porn, sites like MySpace and Facebook are now the hottest attraction on the Internet. Bill Tancer, general manager of global research at Internet tracking firm Hitwise, suggests teens spend so much time on social networking sites that they don't have time to check out adult content:
Tancer, general manager of global research at Hitwise, an Internet tracking company, said one of the major shifts in Internet use in the past decade had been the fall off in interest in pornography or adult entertainment sites.
He said surfing for porn had dropped to about 10 percent of searches from 20 percent a decade ago, and the hottest Internet searches now are for social networking sites.
"As social networking traffic has increased, visits to porn sites have decreased," said Tancer, indicated that the 18-24 year old age group particularly was searching less for porn.
"My theory is that young users spend so much time on social networks that they don't have time to look at adult sites."


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A plate of fresh French fries are one of life’s best guilty pleasures (totally worth hitting the gym for an extra half-hour), but now a soon-to-launch food truck is set to make these crispy treats a less-guilty pleasure. “Snap Food Truck in Brooklyn will take the leftover oil used to make their rave-worthy items, like panko-crusted avocado fries, and reuse it to power their truck. In other words, their food truck will literally run on fries,” reports FoodRepublic.com. Run by a couple of do-gooders, who are raising funds on Kickstarter, the truck is set to give “pommes frites” a whole new meaning.
Check it out at Food Republic.com
Photo via: snaptrucknyc.com/


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Warehouse challenges have severe impact on Matalan
19 October 2015
Retailer saw earnings nose-dive after warehouse move led to massive stock backlog.
The retailer moved to a new distribution centre in Liverpool earlier this year and problems associated with the move led to the retailer reporting EBITDA (earnings before interest, taxes, depreciation, and amortisation) of £2.3m in the second quarter of this year, a massive fall from the equivalent 2014 figure of £21.9m.
The Q2 results follow a 50% fall in EBITDA in the first quarter.
Managing director Jason Hargreaves said: "The results for the first quarter reflected the impact and scale of the challenges we’ve faced during the transition to our new northern distribution centre in Liverpool, the final stage of our supply chain programme.
"These issues disrupted the flow of stock into our northern stores, compromising product availability. This drove a significant disparity in performance between the northern stores serviced by this new facility and those stores in the south."
The supply chain programme is designed to allow Matalan to more effectively serve customers across a range of formats and channels.
Hargreaves continued: "The results for the second quarter reflect the severe financial impact of the action taken to sell through the unprecedented level of excess spring and summer stock.
"After a significant effort from our warehouse and store colleagues, we closed the quarter with a much healthier seasonal stock package. However, this was only achieved by more aggressive markdowns than initially anticipated.
"The performance of the new distribution centre in Liverpool has improved and we have launched our Autumn ranges across the UK more effectively.
"As we approach peak trading, we continue to carefully manage the demands placed on the new warehouse, including scaling back our online growth expectations for the year.
"A number of key steps designed to improve performance have been identified and are being implemented throughout the business. Implementation is supported by new senior appointments in supply chain, IT, trading and eCommerce.”


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Besides announcing a TV, Mozilla has revealed at the CES trade show this week that there are two new "higher-end" phones running Firefox OS on the way as it looks to build up the tablet ecosystem around its mobile OS.
ZTE, maker of the one of the first Firefox OS smartphones — the, should release a new line of devices in the coming year, according to Mozilla, which points to two new dual-core devices, the Open C and Open II, in the pipeline.
While Mozilla hasn't released any other details about the devices, it looks like they're designed to address the lack of higher-specced Firefox OS devices available so far, in order to make the platform more attractive to consumers.
Despite the arrival of higher-end devices, Mozilla plans to retain its focus on emerging markets this year and is hoping to see Firefox OS deployed in new ways, hinting at a play in wearables.
"As the internet comes to your wrist, your car and your TV, Mozilla would like to see the web principles of openness and a level playing field in these areas, too," Mozilla said in a statement today.
Mozilla also announced yesterday a new "contribution program" to speed up the arrival of Firefox OS on tablets.
Contributors will be given access to resources such as Firefox OS nightly builds and a reference design tablet from Foxconn, whichin June last year.
The issue that Mozilla is attempting to solve with the program is that it needs hardware before it can seek contributors on the software side, so it's looking to Foxconn and others like it for support.
"We have to make the hardware available before the software is final to make it possible for contributors around the world to help us complete the build of Firefox OS for tablets," Asa Dotzler, Mozilla's director of Firefox OS participation, wrote in a blog post.
The reference model listed is a wi-fi-only InFocus 10-inch tablet that has a 1280×800 display, 24bit colour, 16GB of onboard storage and 2GB RAM. Its dimensions are 267mm by 171mm, with a thickness of 9.7mm. It weighs 580g.
Mozilla plans to give contributors the reference tablet but says it will publish more details about the program when it launches in coming weeks.


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Misha reports on the Hong Kong International Wine & Spirit Fair
It is the second year that Misha’s Vineyard has been part of the Hong Kong International Wine & Spirit Fair with our wonderful distributor Jebsen Fine Wine. This was the fourth time this show has been held and in that time it has become Asia’s biggest wine show and held in a city which is now the focal point of wine business in the Asia Pacific region and a the largest wine auction centre in the world! More than 19,000 buyers from around the world attended the Fair and although that attendance was up 40% over the previous year, it actually felt like there were slightly fewer people than last year but that could also have been because that attendance was spread across a staggering 930 exhibitors from 37 countries! In addition to the trade buyers, nearly 20,000 public visitors took the fair’s final day up nearly 40% over last year’s attendance at the public day.
Taking pride of place just inside the main entrance to the Fair was the Jebsen Fine Wine stand – a location that was unbeatable! And with Jebsen’s portfolio of wine clients, it was a stand that attracted much attention and many photographs! There were 10 of Jebsen’s brands represented on this year’s stand including Champagne Bollinger, Taylor’s Port, Baron Philippe de Rothschild, Robert Mondavi, Luce (by Frescobaldi), Chateau d’Esclans and Grey Goose Vodka! With a line-up of amazing brands like that, it was indeed an honour to be part of the Jebsen family.
There was also a special reason to celebrate at this year’s Fair as it was also the 20th anniversary of Jebsen Fine Wines and on the opening day of the Fair, Mr Hans Michael Jebsen, chairman of Jebsen & Co, was at the stand to toast the anniversary with staff and the winery principals. In fact a small glass of Bollinger was how the following two days started as well! It was a little treat that helped in facing the 9 hours of standing on the booth each day!
It was an exhausting event but wonderful to have been there and very important in our strategy to build a strong brand in the region! Thanks to all of our trade friends and media who came to say hello whilst we were there. See you next year?


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Silicon Valley businesses honored at 2010 Emerging Tech Awards
- Staff Silicon Valley Business Journal
Fourteen Silicon Valley businesses were honored Tuesday night at the San Jose/Silicon Valley Businesses Journal's annual Emerging Technology Awards.
The winners and finalists were selected for their technology's potential to propel and change how their industry operates.
The winners were named in ceremonies moderated by Publisher James MacGregor at the Computer History Museum in Mountain View. They are:
Augmented Reality: Canesta Inc., a Sunnyvale company that has developed technology that can control devices using gestures without touching anything. Click here for the full profile.
Health: Nanosys Inc., a Palo Alto company that has developed a way to clot blood instantly, a technology that can help save the lives of traumatically injured people. Click here for the full profile.
Mobile: Bump Technologies Inc., a Mountain View company with an app that lets smartphone owners exchange information by bumping the devices together. Click here for the full profile.
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In Venezuela, President Nicolas Maduro announced that the state-owned oil company PDVSA is switching to the use of a government cryptocurrency called Petro.
Maduro said that in the country will soon have two currencies: “sovereign bolivar” and Petro. They will be put into circulation after a monetary conversion, designed to help the bolivar get rid of five zeros. After this, the national currency of Venezuela will be renamed “sovereign bolivar”.
He also added that the country will have “a new system of paying salaries and determining prices for goods and services linked to Petro.”
“This will mean a significant improvement in employees’ incomes and the appearance of the maximum retail price,” the Venezuelan president said.
The Petro cryptocurrency is based on the Venezuelan oil sands of the Orinoco, which are considered to be the largest oil field on the planet. It is in circulation since April and it can theoretically be paid for goods and services in Venezuela. However, how actively people use it, it is not known.
Recall that in May 2018, inflation in Venezuela exceeded 24 500% on an annualized basis. This was reported by the head of the Finance Committee of the National Assembly Rafael Guzman, as official data on the price increase in Venezuela have not been published for several years.
The Venezuelan government in April-2018 once again raised the minimum wage. Taking into account the funds allocated for the purchase of food products, the minimum guaranteed income of a working citizen was 2.55 million bolivars. At the same time, according to estimates of experts from non-governmental organizations, the cost of the food set for a month for a family of three was 120 million bolivars.
The plight in the country forces many citizens of the Bolivarian Republic to emigrate. Currently, only in neighboring Colombia are more than 800 thousand Venezuelans.
At the same time, President Nicolas Maduro said that Venezuela will never give up. According to Maduro, the country is a victim of “economic harassment”, despite the thorough fulfillment of all its obligations on external payments.


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It’s realistic, but can it walk and talk like a human? On Friday we wrote about Samsung’s mysterious “artificial human” project Neon, speculating that the company was building realistic human avatars that could be used for entertainment and business purposes, acting as guides, receptionists, and more.
» Currently browsing: CES 2020
The lightweight VR glasses offer HDR visuals without the dreaded “screen-door” effect. At CES 2020, companies were hard at work promoting a fresh wave of groundbreaking technology that will soon be available for you to demo. This includes legendary Japanese electronics corporation Panasonic, which will be offering attendees a first-look at its compact VR […]
Startup founder launches ″Potato″ at CES 2020 I almost walked right by it. But then I realized the object the young man was holding up, apparently thrilling the small crowd gathered around his tiny CES 2020 booth, was a potato. The vegetable in question looked like an ordinary, chunky Idaho spud, although protruding out of […]
It can be used in dumplings, baos and more. Last year, Impossible Foods made headlines at CES when it introduced a new formulation of its Impossible Burger. It tasted so close to the real deal that we even gave it a Best of CES award. Now, Impossible Foods is back again at the annual tech […]
Hyundai and Uber team on the S-A1 at CES 2020 Hyundai has used the grand platform of CES 2020 to unveil its take on the future of urban mobility. At the heart of its plans is its S-A1, an electric flying taxi developed with Uber. A concept at this stage, the S-A1 is a four-passenger […]
For those of us who aren’t adventurous enough to ride scooters, Segway has come up with something new: the personal transportation pod. The well-known self-balancing personal transport brand (owned by Chinese company Segway-Ninebot since 2015) has unveiled the Segway S-Pod, a smart transporting pod for enclosed campuses such as airports, theme parks, and malls. Segway […]


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The ESA has announced its three hosts for the all-digital E3 2021.
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CD Projekt Red has confirmed that it plans to show 15 minutes of additional Cyberpunk 2077 gameplay this month.
Junichi Masuda has issued a statement following fan backlash over the number of Pokémon that will appear in the games.


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August 10, 2022 (IANSlife) The Oberoi Concours d'Elegance has been announced by Oberoi Hotels & Resorts. Over the course of its 90-year existence, Oberoi Hotels & Resorts has made a commitment to celebrating and protecting Indian culture, as well as holding notable classic and vintage vehicle rallies near its award-winning facilities. The Oberoi Concours d'Elegance will establish a new standard to display the greatest antique and classic cars and motorcycles from India and outside in keeping with this tradition.
The Oberoi Udaivil's in Udaipur will host The Oberoi Concours d'Elegance in February 2024. The event will honour the outstanding design and craftsmanship of the most coveted and unusual cars in the world, all against the magnificent backdrop of Lake Pichola and the resort's classic domed architecture. The Concours will be a once-in-a-lifetime opportunity to examine some of the rarest and most historically significant automobiles restored and kept over many generations. These vehicles are owned by Indian royalty and individual collectors.
Manvendra Singh Barwani, one of India's foremost automobile historians, will curate the event. The vehicles and motorcycles will also be judged by a distinguished panel of classic car experts from around the world in various categories. The chief judge will be Sandra Button, chairman of the prestigious and well-known Pebble Beach Concours d'Elegance.
Arjun Oberoi, Executive Chairman, The Oberoi Group, said, "Oberoi Hotels & Resorts are delighted to host and promote the celebration of beauty, innovation, and craftsmanship that has defined a century of the most exceptional automobiles of the world. Our automotive legacy is amongst the most significant and historically important. With The Oberoi Concours d'Elegance, we look forward to placing India on the world's Concours stage and showcasing the very best of automotive heritage and excellence”.
Manvendra Singh Barwani added, "The Oberoi Concours d'Elegance will take the heritage of automobile culture and the history of India to an international level, showcasing the finest vintage and classic automobiles and motorcycles. Moreover, with Indian restoration work on par with international standards, we can compete with international entries on our home stage."
(This article is website exclusive and cannot be reproduced without the permission of IANSlife)
IANSlife can be contacted at email@example.com


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January 10, 2016
The Ottawa Boat and Sportsmen’s Show is bringing summer early to Ottawa. Returning to the EY Centre from February 18 to 21, the region’s largest consumer show dedicated to boating and outdoors will give Ottawaians a head start in planning their summer adventure.
With hundreds of exhibitors under one roof, showgoers will find everything from competition boats, to personal watercrafts, pontoons, canoes, kayaks and off-road recreational vehicles plus a variety of fishing and watersports gear. The show will also include fishing seminars brought you by some of Canada’s leading pro sports fishermen.
Showgoers of all ages are also in for a treat with brand new exciting features, including Husqvarna’s West Coast Chainsaw Artist, hands-on wildlife educational group ‘Speaking of Wildlife’ and an incredible selection of historical antique and classic boats provided by the Manotick Antique Boat Club.
“We are excited to be returning to Ottawa this year. Hands down, this is one of the best places to get a deal on your next boat, book a family vacation with a local outfitter, or find the latest in hunting and fishing gear and much more. Entertainment for the entire family will be featured over the course of the weekend making it one of the best outdoor tradeshows to attend this year,” says Meagan Sheehan, Show Manager.
Boats, Boats and more Boats – If you’re in the market for a new boat, motor or trailer, this is a must attend event. Preview hundreds of brand new 2016 models, new non-current boats and motors on display. There simply is no better place to browse, buy from local dealers, compare and get great deals on new boats, engines and accessories for early spring delivery.
Husqvarna’s West Coast Chainsaw Artist – Make sure to carve out some time for Kevin Lewis, the incredible chainsaw artist from Comox Valley, British Columbia. Watch as he skillfully flicks his roaring chainsaws to create stunning works of art and be amazed at the attention to detail. You may even get the chance to take one of these exquisite masterpieces home with you, as select works will be available for purchase.
Speaking of Wildlife – Get up close and personal with some of Ontario’s magnificent wildlife. Delivering hands-on wildlife education since 1989, the organization’s friendly and knowledgeable staff will deliver programs that are both enlightening and entertaining.
2016 Casting Pond Challenge – One of the most anticipated events of the show, the casting pond is for everyone! Rookie or veteran, novice or pro, can test their skills to win a prize. After taking the challenge, learn a few fishing tips from “Big Jim” McLaughlin and some of Canada’s premier anglers.
Walk down memory lane – Take a walk down memory lane and discover antique wooden canoes, sailboats, runabouts and cruisers at the Manotick Antique Boat Club display.
Stay Clear, Stay Safe – Ontario Power Generation (OPG) will teach you how to stay safe around hydroelectric stations and dams in Ontario on Saturday, Feb. 20. Visitors will each be given a water safety bag to help make their next trip out on the water a safe one.
Feel the Bite: North America’s only completely Blind Fishing Pro, Lawrence Gunther, returns to the show and will be introducing new techniques, equipment, and tips on how to make sense of what can be learned through your senses. Meet Lawrence, his guide dog Moby, and receive a personalized braille card.
When: Thursday, Feb. 18, 11 a.m. – 8 p.m.
Friday, Feb. 19, 11 a.m. – 8 p.m.
Saturday, Feb. 20, 10 a.m. – 7 p.m.
Sunday, Feb. 21, 10 a.m. – 5 p.m.
Where: EY Centre (formerly the Earnst Young Centre.)
4899 Uplands Drive, Ottawa, ON, K1V 2N6
Cost: Purchase tickets online before February 11, 2016 and save!
Juniors $10.00 (Ages 10 to 15)
Children under 10 years FREE when accompanied by an adult
Family Pass: $35.00 (two adults and two juniors)
Four-Day Super Pass: Valid for all four show days
(Cash and debit only box office)
Parking: $8.00 at EY Centre Parking lot (over 1,800 spaces)
Payable by Visa, MasterCard, Amex and cash.


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Every year in Spring (usually in March), the South by Southwest Festival (SXSW) is organized; it is a set of film, interactive, and music festivals and conferences that take place in Austin, Texas. These past few years, it became a staple event where many start-up businesses stand out like Twitter, Foursquare or Instagram. All the entrepreneurs of the new technologies industry and all financial investors gather to discover the newest evolutions that will shake up the digital world within the next months.
The third day of SXSW was marked by a major announcement from Google, which launched a new digital movement: Art, Copy and Code, an advertising improvement which combines creativity, contents and technology.
Nowadays, the advertising industry cannot be only limited to images and text. In a highly-connected world, brands have vast and diverse spaces to spread their messages and values. The advertising industry moved over to “connected digital experiences”, based on technology and data. A change of paradigm that Google has just given a name to: Art, Copy, Code.
Technology and creativity cannot exist apart from each other anymore. It is no longer time for simple and traditional advertisement but for digital products which can provoke feelings, enjoyment and innovation for all consumers.
A good illustration for Art, Copy & Code is provided in the video featured above. Google created a shoe – in collaboration with Adidas, YesYesNo, and advertising agency 72andSunny – which is able to shout at its owner when he/she is being lazy, or motivate him/her when he/she is being active. According to Mike Glaser, marketing lead from Art, Copy & Code at Google, the aim of the shoes is to bring the idea of advertising to multiple creative forms, including the everyday objects around us. By connecting a pair of sneakers to the web, Google is able to create unique opportunities between physical objects in the real world and digital ad spaces, he says.
Thuy Anh Nguyen, 10081293, COMM 335-002: SXSW, Google, advertising, technology, digital, involvement, emotions


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More and more celebrities are entering the world of beauty. Rihanna, Lady Gaga, Jennifer Lopez, Selena Gomez, Jessica Alba, Shakira and Jennifer Aniston are some of the celebrities who already have their own cosmetic brand.
The last to do so has been Elsa Pataky who embarks on a new business adventure and presents his natural cosmetics firm, which he has baptized with the name of Purely Byron.
“It’s a range of beauty products that has the essence of this place that I like so much,” said the actress, referring to Byron Bay, Australia, where she lives with her husband, Chris Hemsworth, and their three children.
“It’s my dream come true”, said the Madrid woman, highlighting that it is “a range of natural and effective beauty products, made from botanical ingredients. They work”.
Purely Byron has his own Instagram account with more than 7,000 followers, and has, as expected, the interpreter as its brand image. In addition, the images of the campaign have been taken by the brother of the actress, Cristian Prieto.


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Known for its in-house roasted fair trade beans, high quality products, and strategically selected locations across Ontario, Balzac's Coffee Roasters may have created the perfect blend of coffee branding.
YouInc.com was invited to the grand opening of Balzac's Coffee Roasters latest space at the new Image Centre on the Ryerson University Campus, and we thought it was a great opportunity to find out what it takes to launch a venture of this stature.
VP's Cathy Segeren and Fabiola Silander said they were thrilled with the expansion — their seventh location — yet remain diligent on brand quality. Cathy said, "We get approached to open locations across North America on a weekly basis, but we are very selective." Fabiola added, "Maintaining the brand values can become more difficult as the brand grows, and the key is to keep a close eye on quality, which is not something we can do if we were to open a Balzac's in New York City."
The opening of Balzac's on Ryerson's urban campus is a perfect match for its own branding mantra and for the school's administrative mandate. Ryerson President Sheldon Levy told YouInc.com they wanted an innovative and interesting business to occupy the new space. "By nature, Ryerson is fond of entrepreneurialism and we were looking for small entrepreneurs that are edgy, unique, and differentiate themselves, in order to complement who Ryerson is."
When both Ryerson and Balzac's were prepared to proceed with a deal, raising capital became the final roadblock. Enter Arlene Dickinson and Bruce Croxon from CBC's Dragon's Den. Balzac's appeared in season six of the show with the Ryerson proposal on the table. Both Arlene and Bruce praised the branding and believed this was a company ready for success.
"Balzac's has a strong vision for their business and have done a great job with consistent branding across their locations. The new Balzac's at Ryerson is a beautiful space to enjoy an exceptional cup of coffee," said Arlene Dickinson.
In addition to the expansion, the Balzac's team features an altruistic item on their menu. Partnering with Canadian icon Margaret Atwood, they have created a certified "Bird Friendly" blend, to help raise funds and awareness for Canada's Pelee Island Bird Observatory.
Ryerson students now have their chance to try the Bird blend or many other tasty treats, but President Levy hopes students will get more from their visit than a great cup of coffee.
"I hope students will be encouraged to see themselves as entrepreneurs and question if they want to work for themselves or start a company".
When asked if Levy had some final noteworthy advice for budding entrepreneurs, he said, "Only the scary dreams — the ones that keep you up at night — have a chance at success."
Sheldon Levy's entrepreneurial advice has left us wondering — what scary dreams keep you up at night?
Click here to watch the Dragons Den update video with Balzac's.
Ribbon Cutting at Balzac's Grand Opening on the Ryerson University Campus with John Corallo, Sheldon Levy, Graeme Gibson, Diana Olsen, Bruce Croxon, and Ron Duke.
By Conrad Page, YouInc Columnist


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The Trade Ministry has rejected claims of unfair treatment by Nigerian retails traders in the country in the enforcement of the GIPC laws.
Nigerian traders whose shops have been locked up at the TipToe Lane here in Accra are challenging the closure of their shops by the inter-agency task force on retail trade after they began paying the required taxes and complying with other provisions in the investment laws.
But the assertion has been rejected by the trades ministry. It said the Nigerian traders have failed to honour an ultimatum to meet the requirements.
Head of Communications, Ministry of Trade Prince Boakye Boateng, told Starr News “it cannot be we’ve been insensitive If that is what they’re saying, I’ll be disappointed because I’ll rather say they have rather been unfair to us as a regulatory body because we have given them more time than enough to the extent even the Ghanaians thought that the ministry was not even on their side or the ministry wasn’t ready to even enforce law.”
He explained “so, it’s very surprising to me for them to say that we’ve not given them enough time. If you recall as far back as December last year, these shops were locked, the president intervened and we asked that the shops be re-opened because the very law that gives GUTA the right to be the sole traders in our market, that same law requires that a certain group of people are those who can go and do law enforcement and not you, so allow us to do our work.”
“They complied, the shops were opened. Since then we have given them an opportunity to regularize the document and submit it to us for verification, that has not been done.”
Mr Boateng maintained “now, this exercise started from Abossey-Okai on Monday. Because we have never been to Abossey-Okai for this exercise, when we went there we did not just start locking shops. We went there, we inspected the shops and we gave them notices that in 14-days they should ensure that all their necessary documentations be complete.”
“These people at circle have been served notices for over a year now.”


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Currently, India is the world’s third largest in PPP terms, with a share of seven per cent of global GDP after China (18 per cent ) and the US (16 per cent), says deputy governor of Reserve Bank of India
India’s GDP in market exchange rates is expected to reach $5 trillion by 2027 from the current $3.3 trillion. — File photo
Powered by its demographic advantage, India has the potential to become the world’s second largest economy in terms of purchasing power parity by 2031 at a possible annual growth rate of 11 per cent, deputy governor of Reserve Bank of India said.
Currently, India is the world’s third largest in PPP terms, with a share of seven per cent of global GDP after China (18 per cent ) and the US (16 per cent), Michael Debabrata Patra explained.
“If India achieves a growth rate of 11 per cent into the next decade, it would become the second largest economy in the world not by 2048 as projected earlier, but by 2031,” Patra said while delivering a speech to celebrate ‘Azadi Ka Amrit Mohotsav’ organised by the Reserve Bank of India, Bhubaneswar.
Last week, Finance Minister Nirmala Sitharaman said India continues to be the fastest growing economy in the assessment of international agencies despite numerous challenges.
India’s GDP in market exchange rates is expected to reach $5 trillion by 2027 from the current $3.3 trillion. By that year, India’s GDP in PPP terms will exceed $16 trillion (up from $ 10 trillion in 2021), Patra noted. Despite the pandemic and the war in Europe, India was going to contribute about 14 per cent of global growth. In fact, India would be the second most important driver of global growth in 2022 after China, he said.
The Organisation of Economic Co-operation & Development’s 2021 calculations indicate that the Indian economy would overtake the US by 2048. This would make India the largest economy in the world after China in normal course, Patra pointed out.
He argued that the four engines that could power India to “achieve escape velocity from the emerging economy orbit and take off towards becoming an economic superpower” include demographics dividend, manufacturing, exports and internalisation. “If manufacturing were to grow at 10 per cent – the target set by the ‘Make in India’ campaign – its share would reach 25 per cent in 2030-31. India would become the manufacturing shop floor of the world,” he said.
With a population of 1.38 billion, India is the world’s youngest at 28.4 years. By 2023, India will be the most populous country in the world at 1.43 billion.
In terms of working-age population (WAP) ratio, India stands at an advantageous position vis-a-vis countries like China, Brazil, the US and Japan as the working-age populations of these countries have started declining already. While India’s WAP ratio will increase till 2045, even exceeding that of China by 2030, Patra said, adding that “making the most of this demographic dividend is India’s opportunity as well as a challenge.”
India must raise the share of manufacturing to at least 25 per cent of GDP to become a global manufacturing hub. To tap this potential, it is imperative to overturn conventional wisdom and catch up with other leading manufacturers of the world, Patra said.
In terms of exports ,from the current $800 billion worth of goods and services exports, which is about 2.7 per cent of the world total, if India can achieve the target of $1 trillion set by the government by 2030, it can boost India’s share to 5.0 per cent in world exports. With this, India would become an export powerhouse, the RBI deputy head said.


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Ulta Beauty opens in Great Falls
The wait is over for Great Falls residents who are used to buying their beauty supplies and makeup online as Ulta Beauty in Great Falls began its soft opening Friday.
By Monday, cosmetics lovers were flocking to the store for brands such as Clinique, Urban Decay and Lancome, as well as the many services Ulta has to offer.
Ulta Beauty, located at 207 Northwest Bypass, carries 20,000 beauty products across 500 brands at all different points on the price spectrum. Its offerings include makeup, skin care, fragrances, hair care, hair tools and nail products.
Perhaps the biggest news for Electric City residents is the first MAC Cosmetics counter in the state of Montana.
“That’s a big draw for a lot of people,” said Ulta Beauty general manager Bethany Hogsett.
The store also features a full-service hair salon and aesthetician as well as full-time Clinique and Lancome artists providing brow and facial waxing. Even guys will find a number of products and services geared toward their needs.
“It’s often a misconception that it’s just women’s beauty,” said Hogsett, “but it’s for men, as well.”
Ulta specializes in offering both store brand and high-end products not available in stores, such as It Cosmetics.
“It started on QVC,” said Hogsett, “and it’s really hard to find.”
The soft opening gives customers and employees a chance to interact and smooth out the kinks before the grand opening this weekend. Ulta is offering all its services during the soft opening period, and customers are welcome to come in and browse.
“Ulta Beauty is new to the entire community,” said Hogsett, “so we’re all learning, too.”
Francie Martinez of Great Falls was one of the customers who stopped in Monday to check out the store.
“I’ve always traveled to Helena or Missoula because we didn’t have (Ulta) in Great Falls,” she said. “I’m just so excited that we have one now.”
Kristina Dagel tried out some foundation and stayed to have her eyebrows waxed.
“I’ve been waiting for them to open,” she said. “Then I drove by and I was like, ‘Oh my gosh!’”
Over at the MAC counter, Markie Muretta was excited about having a local source for cosmetics. Prior to Ulta opening, she had been buying her products at Target or online, and she said she will definitely be buying more makeup now.
In celebration of its grand opening, the first 100 guests each day between Oct. 27 and Oct. 29 receive a “beauty treat” valued at between $5 and $100 and can choose from 10 percent off their first salon or facial appointment.
Ulta Beauty experts are available all weekend to offer free consultations and customized product recommendations.
The company also offers a popular free loyalty program, which lets shoppers earn one point for every dollar spent that can be redeemed on any Ulta Beauty purchase. Members also receive access to the latest trends, tips and top-secret offers through Ulta Beauty’s magazine, a free birthday gift and special invites at Ulta Beauty events.
Reach Tribune Staff Writer Traci Rosenbaum at 791-1490. Follow her on Twitter @GFTrib_TRosenba.


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Google has introduced a Family Sharing feature for its Stadia streaming service, allowing anyone with a Stadia account to share games with other members who haven't purchased or claimed them. Each family member will have their own save data for the game which won't be deleted, even if the game is no longer shared.
The best NBA simulator is available on Stadia with the same great features and gameplay that is available on the major consoles and PC. NBA 2K21 plays great on Stadia, but you won't avoid loading times, and playing on mobile made seeing some details difficult.
When announced at the 2019 Games Developer Conference Google promised Stadia would someday support 8k and greater than 120Hz. When launched, almost a year ago, up to 4K and 60Hz was supported. Where are they now and what does the future look like?
Stadia is trending on Twitter, but not at all for the reason Stadia's marketing team would want. Stadia's Creative Director made some comments about how streamers should pay publishers for playing their games, and now Google has weighed in on the drama.
Want to play Stadia games on your television with Chromecast? For now, you'll need both a Chromecast Ultra and a Stadia-compatible controller. But other Chromecasts should get access to Stadia streaming in the future.
The Stadia Makers program works with small-time game developers working with Unity, and helps them bring their games to Google Stadia. Today, the program shows off seven games that are being worked on.
Apple One could shake up the digital landscape, but Google has the power and potential to make bigger waves thanks to how much it has on offer right now and the myriad of ways it could combine it into a killer combo.


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Altria Group (MO 0.02%) has a track record of standing up to difficult situations, and the stock's strong performance in 2016 is a testament to the tobacco giant's ability to adapt and find success. After the company released its fourth-quarter and full-year results, Altria CEO Marty Barrington and his executive team went over the results with professional stock analysts and explained some of the important themes they see for Altria going forward. Here are five key issues Altria investors need to watch going forward.
1. Altria likes the outlook for Anheuser-Busch InBev going forward
With Altria's support of Anheuser-Busch InBev's landmark business combination with SABMiller, we enhanced the value of our beer investment and our position in the global brewing profit pool.
It took a long time, but Altria finally has the SABMiller merger with Anheuser-Busch InBev (BUD -1.62%) behind it. After initially taking a smaller-than-expected position in Anheuser-Busch InBev, Altria made market purchases of A-B InBev shares to bring its stake in the beer giant above the 10% level. Going forward, Barrington is convinced that the investment will "deliver strong long-term financial returns to our shareholders," and although CFO Billy Gifford noted that A-B InBev won't generate quite as favorable tax treatment on dividends as SABMiller did, the whole team appears confident in seeing a full year of good earnings from the beer-maker.
2. New California tax hikes on tobacco could hurt
We also know that in April, California, a high-volume state, will implement significantly higher excise taxes, and there are already proposals in several states to raise excise taxes further.
Altria has dealt with constant threats of higher taxation in the jurisdictions where it does business, and the late 2016 vote in California to boost cigarette taxes by $2 per pack will be an especially hard blow for Altria. California is the second-largest cigarette market in the U.S., and Altria has a particularly strong market share in the Golden State. The company doesn't expect any big inventory changes surrounding the implementation date, but going forward, the tax boost could create more downward pressure on total sales volumes.
3. Altria is looking seriously at iQOS
What we're going to try to do is to introduce adult smokers to the product, try to explain what it is and its attributes, and give them an opportunity to see if it's for them.
Reduced-risk products have become increasingly important in the global tobacco market, and Altria potentially has exclusive rights to the iQOS heat-not-burn tobacco product for the U.S. market. Barrington noted that internationally, the success of iQOS has depended on the ability of manufacturers to communicate effectively with consumers. That's been more of a problem in Italy than in Japan, because different levels of regulatory restrictions apply to the two countries. To succeed, Altria will have to navigate U.S. laws and regulations concerning what's allowed in consumer communications, and work to maximize knowledge and exposure to iQOS.
4. Altria hopes for corporate tax reform but isn't taking it for granted
To the extent that corporate income tax rates could be reformed, as we've discussed previously, that would be a good thing for American business, and ... it would be a good thing for Altria.
The Trump administration has trumpeted the need for corporate tax reform, and lower tax rates could provide a big boost for American companies in general, and for Altria in particular. Barrington noted that the company has had a program in place to urge a reduction in the tax rate from a public policy standpoint, but the company hasn't built any expectations for lower taxes into its projections for 2017.
5. No comment on the Reynolds American / British American Tobacco deal
No, I think I'm going to steer away from that topic. As we've discussed previously, I think it's just not appropriate for me to be drawn into either anyone else's transactions or speculation about future transactions. I just don't really know how to discuss that intelligently without going there.
Now that British American Tobacco (BTI -0.62%) and Reynolds American (RAI) have come to terms for a merger, many investors remain interested in how Altria will respond. Some believe the company should reunite with its own former international division, which it spun off in 2008. Others point to the advantages of keeping industry exposure purely domestic rather than opening the company up to international challenges. For now, Altria doesn't seem to be in any hurry to respond to the proposed deal, so investors will likely get a chance to see how a post-merger BAT competes against Altria going forward.
Altria's performance has been solid, and shareholders want to see that success continue in the future. Altria has the strategic vision it needs to keep producing good results, but the pace of its growth will depend on how effectively it can implement its strategies in the face of ever-changing competitive conditions.


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VerifyMe and Corsearch to Collaborate on Positive Solutions for E-Commerce Counterfeiting and Brand Abuse
Collaboration Expected to Increase Brand Protection and Anti-Counterfeiting Options for Rights Holders
VerifyMe, a digital technology solutions provider specializing in brand protection functions such as; counterfeit prevention, authentication, serialization, track and trace features for labels, packaging and products, and Corsearch, Inc., a brand clearance and protection leader, are pleased to announce a collaboration that will support brands to reduce the global multi-billion-dollar economic impact resulting from counterfeiting and piracy activities.
The relationship will enhance enforcement capabilities for brands through the proactive identification and removal of unauthorized websites, domains, and products bearing the genuine intellectual property of legitimate companies.
VerifyMe and Corsearch will work together to offer technologies and services that better enable their customers to effectively tackle counterfeit websites, domains and e-commerce platforms offering counterfeit products.
Following its acquisitions of Yellow Brand Protection and Pointer Brand Protection, Corsearch has strengthened its end-to-end trademark clearance and brand protection solutions, making it the only provider in the industry offering services covering the entire trademark lifecycle. In addition to its global footprint and teams of expert Brand Protection Analysts, Corsearch uses its proprietary ZERO® technology, as part of its advanced and intuitive brand protection platform, to retrieve and organize vast quantities of data on counterfeits, fake websites, and other forms of brand infringement.
The companies have engaged in a cooperative business relationship, with VerifyMe attaining the right to use and offer Corsearch’s brand protection solutions, powered by its ZERO® technology, and Corsearch having the enhanced ability to offer brand owners the suite of VerifyMe technologies to protect their products. The new partnership will also allow VerifyMe to market a new digital service for brand website and domain owners needing to identify and remove counterfeit websites.
VerifyMe Chief Executive Officer, Patrick White, commented, “We look forward to working with Corsearch, a well-respected and known global firm. We believe their global reach and experience in serving over 5,000 clients is unmatched in the Internet brand identity industry. Internet website and domain, and e-commerce counterfeiting is on the rise and this is a natural extension for our brand protection and product authentication digital solutions.” White added, “Corsearch will now have the ability to protect their brand client’s products with VerifyMe’s suite of product authenticity.”


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The Fresh Market Inc. has appointed Adrian Bartella as CFO, effective Jan. 17.Bartella has more than 15 years of experience leading finance and accounting teams, most recently as CFO for the last nine years at Hudson Group, the largest travel retailer in North America.
Bartella succeeds The Fresh Market CFO Jim Heaney, who has held that role since September 2020.
The Fresh Market made news last July when it filed for an initial public offering with the Securities and Exchange Commission. This marked the second IPO for the Greensboro, N.C.-based, Apollo-backed grocer, which operates 159 stores in 22 states. It was publicly traded from 2010 to 2016, at which point it went private by Apollo Global Management, along with an investment from its founder, Ray Berry, and his family.
Tapping Bartella, who has experience in taking a company public, could be a sign that The Fresh Market is one step closer to its goal of being publicly traded.
Bartella led the SEC registration process during his tenure as CFO at Hudson Group during its approximate $750 million IPO in February 2018. He also spearheaded the roadshow marketing process with institutional investors, and subsequently working with equity research analysts and presenting on quarterly earnings calls, The Fresh Market said in a release.
He earned his education degrees in corporate finance from Europe University Viadrina in Frankfurt, Germany, and his graduate degree in commerce from Lincoln University in Christchurch, New Zealand.
“On behalf of the board of directors, I am very excited to welcome Adrian Bartella to The Fresh Market team,” said Jason Potter, CEO. “Adrian has an exceptional track record in retail and finance and is a proven executive with significant experience in helping companies navigate the public markets.”
Voted the Best Supermarket in America by USA Today’s 10 Best Readers’ Choice Awards; America’s Best Customer Service 2021 by Newsweek and Statista; and a top most trusted grocery retail brand for specialty and natural/organic foods in the 2022 BrandSpark Most Trusted Awards, The Fresh Market currently operates 159 stores in 22 states across the U.S.


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GENEVA — With its burgeoning economy, many brands are looking to make inroads into the Brazilian market, but it isn’t easy.
The South American country’s difficult barriers for exporters were highlighted at a recent review of its trade regime at the World Trade Organization. Trading partners including the U.S., the European Union and China have called on Brazil to put an end to protectionist measures such as tariff hikes and restrictive regulations that hinder international competition and spike business costs.
“U.S. exporters face significant uncertainty in the Brazilian market,” David Shark, deputy U.S. permanent representative to the WTO, said late last month. “This uncertainty is amplified by the frequent changes in tariffs made by the Brazilian government to protect domestic industries from import competition.”
Shark said Brazil should act to liberalize trade “by lowering tariffs” and noted that last October, “Brazil increased tariffs to a maximum of 35 percent on 100 industrial products. These tariff hikes could adversely affect Brazil’s competitiveness.” He said they also “create an unpredictable business environment for importers and exporters, and have a chilling effect on investment.”
Despite recent political unrest that began last month over bus and subway fare hikes in São Paulo and grew into massive nationwide demonstrations against government corruption, high taxes and poor public services, but have since subsided, Brazil, along with Russia, India and China, is among what have been dubbed the BRIC countries, representing the fastest-growing emerging economies.
A report compiled by the WTO for the review shows Brazil’s average applied most favored nation tariff in 2012 was 11.7 percent, up from 11.5 percent in 2008, and points out the manufacturing sector benefits “from the highest tariff protection,” with an average applied tariff of 12 percent, up from 11.8 percent in 2008.
The WTO also reveals that Brazil imposes much higher tariffs on imports of textiles and apparel. In 2012, for 790 textile lines, tariffs averaged 22.7 percent, and for 251 apparel lines, tariffs averaged 35 percent, substantially higher than the 12 percent average for all manufactured goods.
The EU’s WTO ambassador, Angelos Pangratis, also criticized Brazil’s determination “to pursue an increasingly protectionist industrial policy.”
“EU entrepreneurs in Brazil are faced with heavy bureaucracy, complex and not always transparent regulation and legislation, late noticing of changes in import-rate rules and labeling requirements, high transactions costs and unpredictability when dealing with Customs authorities,” Pangratis said.
Countries such as Canada, China and Pakistan were critical of amendments made by Brazil in 2010 that mandate preferential margins of 8 to 25 percent for some goods and services in government procurement for goods produced by Brazilian firms or companies that have invested in Brazil. Under the scheme, textiles and apparel are given a preferential margin of 20 percent over foreign competitors.
Yi Xiaozhun, China’s WTO ambassador, indicated his country’s concerns about Brazil’s heavy use of trade remedies, such as antidumping investigations.
Paulo Estivallet de Mesquita, director-general at Brazil’s ministry of external relations, countered that his country has remained open to trade and noted imports of industrial goods increased at an annual rate of 16.2 percent from 2007 and 2012. In 2012, Brazil’s merchandise exports were $242.5 billion, up from $160.6 billion in 2007, and its imports reached $223.1 billion, up from $120.6 billion.
Last year, exports of textiles were worth $970 million, down from $1.4 billion in 2007, while imports reached $4.2 billion, up from $2.1 billion in 2007. For apparel, exports totaled $242.5 million, down from $321.7 million in 2007, but imports surged to $2.4 billion from $603 million in 2007.
“What he has done at Vuitton is really exceptional,” said @gameofthrones’ actress Gwendoline Christie on @mrkimjones’ final show for @louisvuitton. “He has rebooted luxury in terms of making it commercial, viable and contemporary. And most importantly artistic. He has never compromised his artistic vision for the sake of commodity.” (📷: @zefashioninsider)
After seeing a demand for men’s wear from its customers, British contemporary women’s wear label @ariesarise has added a men’s wear component and will launch a unisex collection with @mrporterlive. The 20-piece collection includes jackets, denim, logo T-shirts and more with deconstructed ‘90s vibes. Set to launch on January 18, you can shop the pieces on Aries’ website and on mrporter.com. #wwdfashion
“And so spending so much time with a character who thinks like that, inevitability you try and analyze yourself and go back and think about your own demons and dark chapters that you had in your life,” says @thedanielbruhl of his role in TNT’s “The Alienist.” The show, set in the Gilded Age of New York, also stars Dakota Fanning and Luke Evans. Head to WWD.com to read about how 39-year-old Brühl prepared for the role and why he thinks the show is so relevant to today #wwdeye ( 📷: @Eriktanner)
Now that Celine Dion’s collection has topped $10 million in sales, the pop superstar, fashion icon and newly-minted industry player is eyeing growth in Asia. Read the full report by @tiffanyap, link in bio. #wwdnews #celinedion
“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)
Among the familiar faces at @off____white’s show was a surprise figure: Japanese artist @takashipom, pictured here on Wednesday morning. Other show-goers included @jerrylorenzo, who spoke about his upcoming project: a @nike collaboration for back to school, with designs inspired by his childhood on the West Coast. Sitting in the front row were Future, Don Crawley, @miguel and more. See the rest of the photos on WWD.com #wwdeye (📷: Stephane Feugere)
According to @laurentsai, former “Terrace House: Aloha State” cast member, she didn’t know she was auditioning for the Japanese version of “Real World.” “I was telling a couple of my friends and someone’s like, ‘That sounds a lot like Terrace House.’ I was like, ’No it can’t be.’” Turns out, it was. But Tsai isn’t just a reality star — she’s an illustrator who has worked with Starbucks Japan and most recently, she’s dipping her toes into the fashion world. Head to WWD.com to read about her time on the show, modeling and her art. #wwdeye (📷: @danieldorsa)
More changes are coming to New York Fashion Week: Beginning with the spring 2019 collection, @alexanderwangny will move his New York show to June from September, adopting a biannual schedule with collections shown in June and December. Additionally, the @cfda is planning for an official summer/winter fashion season taking place as soon as June and December 2018. Read more about the upcoming changes on WWD.com. #wwdnews #wwdfashion (📷: @slovekinpics)


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The structure of the retailer “Magnit” – JSC “Tander” – became the owner of the company “Greenhouse”, specializing in the cultivation of premium tomatoes, the newspaper “Vedomosti” reported.
According to the publication, the deal was closed on August 5. The seller is the investment company Sigma Capital, owned by the son of billionaire Roman Abramovich Arkady.
“Greenhouse” owns a greenhouse complex with an area of 24.5 hectares, as well as a sorting and packaging center in the Belgorod region. The company supplies its products to federal retail chains: Pyaterochka, Perekrestok, Magnit, Azbuka Vkusa and others. In 2021, Greenhouse received a net loss under RAS in the amount of 488.2 million rubles, almost half as much as a year earlier. The company’s revenue last year grew by 35% – up to 1.5 billion rubles.
Earlier, Greenhouse was planning to buy TTR Holding, the founder of Rost Management Company, which develops greenhouse complexes in 12 Russian regions. The deal was already approved by the FAS, but in the end did not take place.
The collection and shipment of products began at the new greenhouse areas of the holding in the Tula, Voronezh and...


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Episode 259: BL and David discuss discuss MillerCoors’ #ToastToFarmers response to Bud Light’s Super Bowl ad; Augmented Reality LEGOs; recruiting in virtual reality; Amazon dumps New York; Amazon Moments; LinkedIn Live; U-Haul’s data storytelling earned media; National Geographic’s Valley Of The Boom docuseries about the rise of Silicon Valley; the Bumble dating app; Jimmy Fallon on Amazon Alexa; Nvidia’s nonpeople; the Bratz Doll Challenge;…and much, much more.
Episode 256: BL and David discuss the self-fueling bonfire that is online outrage; WordPress’ new NewsPack platform; The Atlantic’s video in honor of International Holocaust Day of Remembrance; the Tree VR installation at Davos that allows you to experience what it’s like to be a tree in a rainforest; Kia’s Super Bowl scholarship; Aspiration Bank’s hyper-focused Millennial messaging; YouTube’s crackdown on pranks and challenges; a comedian’s daily joke-writing tips; Twitter’s new marketing calendar; stupid dad jokes; …and much, much more.
Episode 237: BL and David discuss LinkedIn’s new voicemail feature; autism therapy via Google Glass; the value of long-form content; government regulation of social media; Google’s new mobile search results for events; six-year-old toy reviewer Ryan’s new line of merch; illustrations of decaying social media; a gross chicken virtual reality experience; the social media backlash over an ISIS burger; and much, much more.
Episode 236: BL and David discuss the addition of health grades to Yelp restaurant listings; Bonobos’ #EvolveTheDefinition of masculinity campaign; the Terminal 3 virtual border agent art installation; Amazon’s plans to roll out retargeting ads; a superb example of visual journalism that explains blockchain; the bitcoin extortion phishing scam; a PR pitch from hell; Tronc’s massive layoffs at the New York Daily News; Uber drivers fraudulently charging passengers for vomit cleanup; Facebook’s stock freefall; and much, much more.
Episode 231: BL and David discuss Facebook’s new political advertising rules; Philadelphia Eagles’ safety Malcolm Jenkins silent public relations stunt; Bill Gates’ Notes; Stew Leonard’s freedom burgers; search engine optimization audits; Apple’s web developers conference updates; Pod Papers magazines; senior’s bucket lists; personal shopping analytics; Apple’s dubious privacy high road; animal influencers; the imminent robot revolution; International House of Breakfast; and much, much more.
Episode 228: BL and David discuss Legoland’s Royal Wedding recreation; the Russian ads that were released by the House Intelligence Committee; the announcements made at Facebook’s F8 and Google’s I/O developer conferences; Google’s artificial intelligence for all initiative; the indignities suffered by African Americans during the course of everyday life; putting poverty relief on the blockchain; the subscription nickle-and-diming effect; Uber’s sexual predator drivers; when groundhogs attack; demolishing Humvees for fun and demotions;…and much, much more.
Episode 224: BL and David discuss how Adidas will make a video for each of the 30,000 Boston Marathon runners; the horrifying Sinclair Broadcasting script compilation; Gaming for Dementia Research; how Carnival got its Snapchat handle back; how to have a shredding party at Office Depot; 9 Amazing April freebies; US government surveillance of journalists and influencers; Cambridge Analytica analysis; invisible cameras that will be everywhere; a complaint about YouTube targeting children’s data; all about the GDPR; a French Mayor’s nasty April Fool’s faux pas; secret honks give Chinese internet censors headaches; and much, much more.
Episode 223: Co-hosts B.L. Ochman & David Erickson discuss bulletproof vests for kids; the growing Cambridge Analytica Scandal involves Plantir and Peter Thiele; driving a car with VR; brands on HQ Trivia; long-forms audio; Google image optimization; Google Lens comes to iOS; a Boring development; the mountain of data you gave away to Google and Facebook will blow your mind; Desperately Seeking Counsel on Craig’s List; no more Lytro; a social network with no humans allowed; …and much, much more.
Episode 218: BL and David discuss an autocomplete Black Panther interview; Twitter amping up the news while Facebook flounders; the Amazon Pollycast; Bloomberg’s Twitter TicToc; the lonely dog that went viral; Lucky Charms gets mythical; Watson gets embedded in virtual and augmented reality; the Marketoonist; the coming artificial reality apocalypse; the next chapter in Net Neutrality repeal; a clumsy, milky metaphor; Gmail gets AMPed; concussion spotting technology; and much, much more.
Episode 215: Co-hosts B.L. Ochman and David Erickson discussed the 2018 Women’s March; the best of the Consumer Electronics Show; a Saudi camel beauty contest scandal; a clever convention positioning tactic; the Natural Light Super Bowl ad offering to pay down student debt; a Google Street View soundtrack; Vikings quarterback Case Keenum’s virtual reality training; Hawaii governor’s Twitter password problem; YouTube moving the goal posts on small time creators; Logal Paul’s slap on the wrist; Donald Trump’s media attacks; HP Spectre’s unfortunate naming problem; the latest Edelman Trust Barometer; Starbucks attacked with fake news; the Steve Bannon and Brietbart conspiracy to sink Twitter; plus great new apps and stats you should know…and much, much more.


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UGA study: Georgia ports support more than 350,000 jobs
One in 12 Peach State jobs - in all regions - related to Savannah, Brunswick
Gov. Nathan Deal today announced the release of a new study on the economic impact of Georgia's ports.
The study, titled "The Economic Impact of Georgia's Deepwater Ports," was done by the Selig Center for Economic Growth at UGA's Terry College of Business. Done in 2011, the study found Georgia's deepwater ports support 352,146 full- and part-time jobs across the state, up from 295,422 found in a 2009 study.
Georgia ports now account for 8.3 percent of total state employment, or one out of 12 jobs.
"The research shows strong employment opportunities - linked directly or indirectly to the ports - exist in each of Georgia's 159 counties," said Deal. "The findings are a testament to the ports' sustaining power to create jobs. Our transportation and logistics industry drives statewide and regional commerce while our deepwater ports generate revenue, create jobs and offer opportunities for growth in every corner of the state through our global transportation network."
"Port operations help preserve Georgia's manufacturing base, support Georgia's agricultural economy and foster growth of the state's massive logistics, distribution and warehousing cluster," said Selig Center Director Jeff Humphreys, who conducted the study.
The Terry College of Business study showed that the total impact of Georgia's deepwater ports on the state's economy was $66.9 billion, or 9.5 percent of Georgia's output in FY11.
Please see Friday's Savannah Morning News and return to savannahnow.com for additional information.