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Meet the 12 digital disruptors of the restaurant industry
Founder and CEO
Back in the pre-iPhone days of 2005, Noah Glass had a decision to make. Working at Endeavor Global, a non-profit organization that functions as a venture capital firm targeting high-growth entrepreneurs, Glass presented its Olo prototype to investor David Frankel.
Frankel said that if Glass believed in Olo enough to withdraw his admission to Harvard Business School, where he was due to attend this fall, and quit his job at Endeavor to pursue Olo full-time, he might have the capital to start.
âI just knew it was the right time in my life to take an entrepreneurial risk like this,â says Glass. “And I also knew that this was really the only time in human history when we were about to see the smartphone become ubiquitous in the population.”
Years earlier, Glass got his first glimpse into the restaurant industry as a high school pizza delivery driver at an independent Newton, MA restaurant called Pizzaman. During Glass’s college years he worked as a bartender and cashier, but the spark for Olo didn’t happen until Glass was in New York after college.
Carrying a PalmPilot, he began to imagine that in the future, everyone would sport a device that could show restaurants as points of interest around you. He had no idea what we would call these âsmartphones,â but he had the foresight to identify that this technology could be more than just communication – it could be transactional on-demand commerce.
âIt was the original idea, this idea that I now call on-demand commerce, the idea that we would be able to have a device with us at all times that was connected to the internet, geo-tagged, personal device, and that would allow the consumer to be able to order and pay in advance and get their food faster or their coffee faster at a local restaurant or cafe, âsays Glass.
From a new concept, operators could become more efficient and customers would have better experiences. Although Olo was founded on the premise that smartphones had ubiquitous potential, it was still a few years before the iPhone rolled the curtain (January 2007). Glass says they had to work backwards, creating an SMS ordering system as the initial concept for what mobile ordering would look like.
In the beginning, users created a profile with a credit card and received a personalized menu. They would respond with a corresponding text message and could even respond by text if they wanted delivery, pickup and a time of their choice. As smartphones gained momentum and apps like Uber opened consumers’ eyes to location-based digital transactions, larger restaurant brands joined in, Glass said.
Top players in the fast-casual segment like Five Guys, Noodles & Company and Shake Shack turned to Olo to meet the long lines of customers who wanted to buy food at peak times with drop-order options. ‘advance. The concepts of casual dining followed.
Quick-service brands came last, says Glass, because when Olo started they already offered the most convenient way to order food. But Olo allowed them to avoid hiring delivery fleets, and they could just log into all on-demand couriers and use a smartphone as a tool for a new delivery model.
Over the next 16 years, Glass witnessed the digital transformation take shape. Olo’s growth curve was exponential: in 2017, it processed 50 million orders. In 2018, 100 million, and in 2019, 200 million. In 2020, as customers searched for digital outlets more than ever before, Olo pushed 500 million.
Over the past year, says Glass, he’s started to think about Olo, which went public in March, in a deeper way as he continues to support 400 restaurant brands (with 74,000 individual restaurant locations).
While some may doubt whether the industry’s digital rush will continue, Glass knows this movement was gathering momentum long before COVID.
âI think it’s easy for people to think of virtual space as some kind of fad or some kind of outcrop of the times we live in with COVID and social distancing and the closure of dining rooms and c. ‘is what led to it, “says Glass.” Given the longer term horizon I’ve had to observe the growth of digital in the industry, I don’t see it that way. I think it’s a lasting trend, I think it’s an exciting trend.
Virtual brands are innovating in light of this increased demand and the capacity for growth is monumental, he says, whether in an established restaurant brand or a concept backed by celebrities.
âThe days of putting it together and seeing what works will continue, but we’re also going to enter a much more professionalized phase, a lot more sophisticated in terms of the tools that brands use to manage their platform. numerically controlled, “says Glass.
In the years to come, restaurant brands will seek higher levels of digital IQ, incorporating metrics that relate to a consumer’s lifetime value and benchmarking them against customer acquisition costs, Glass said.
âAll of this is really cutting edge right now, but will become mainstream, and these skills will become essential skills that until now have been differentiators for these truly forward-looking brands,â said Glass. “I think it’s going to hit the general public very soon because it’s really about survival in this industry.”
Restaurants will need tools to personalize experiences based on consumer data. They will also continue to compete with delivery markets and strive to attract consumers to their direct channels.
âThe north star that I articulate is what I call ‘digital wholeness’, which envisions a future in which Olo has the ability to touch every deal, add value to every deal and leverage revenue from every transaction in this industry, âsaid Glass said.


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Bold claims come from soft synth heads Tone2 this week as they release the powerhouse Gladiator synth with revolutionary HCM synthesis. The latest acronym stands for Harmonic Content Morphing, allowing waves to be modulated producing lively shimmering sounds, alongside more traditional FM and AM techniques. The 'do it all' synth could easily become a one stop shop for dance producers and
Mac and PC users can get in on the action for £99 from the download store at
Audio demos and a PC software demo are also up on the site.
LI>Advanced HCM (new synthesis, unique sounds)

domain: news


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‘Weed’ lollipop van rolls through Norfolk
NORFOLK, Va. (WVEC) — A van marked “Weed World Candies” made its way through Downtown Norfolk Monday, stopping on Granby Street where Pete Marrero sold lollipops.
Marrero who is a representative for Weed World Candies told 13News Now the lollipops contain CBD cannabidiol, an ingredient found in cannibus.
“They see the vehicle. They get excited. They want to know what the product is, obviously, with all the pretty greenery,” said Marrero.
Information source: 13newsnow.com
Comments are closed for this post.


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TOKYO, JAPAN -- Ken Shishido is sitting at the far end of the table, giving the lecture he always gives.
As others listen on, he leans over two pieces of American money dating to the 19th century: a dollar coin made of silver and a paper dollar that, way back then, you could exchange for the same silver coin. More than a 100 years ago, he tells his audience of two, dollar bills were backed by silver -- a precious metal that will always have value. But today, that's no longer the case, he explains, as he pulls out a modern dollar bill backed by nothing but the U.S. government. The government can devalue the dollar at any time, he says, and one day, the dollar may disappear all together.
This is why Shishido doesn't believe in dollars or yen or any other government currency. He believes in silver. He believes in gold. And he believes in bitcoin, the digital currency that exists only on the internet.
>'It is always the government paper fiat money that gets corrupted throughout history. Bitcoin is not just a new digital currency. It is actually about liberty.'
At first blush, that sounds like a paradox. But for Shishido, bitcoin is every bit as attractive as gold and silver -- and perhaps more so. It isn't controlled by any single central authority, and supply of the digital currency is limited. Bitcoin is controlled by thousands of individual machines stretched across the globe, and the cleverly designed software that runs atop these machines, driving the digital currency, will one day stop making new bitcoins. Yes, this software can be changed, but not without approval from a majority of those using it. Ultimately, this means no one can artificially reduce the currency's value. Bitcoins will always be worth what the people say they're worth.
"It is always the government paper fiat money that gets corrupted throughout history," Shishido will later tell us. "Bitcoin is not just a new digital currency. It is actually about liberty."
Shishido gives his brief lecture at a long table just inside The Pink Cow, the first restaurant in Tokyo that lets you pay for dinner and drinks with bitcoins. He helps oversee the Tokyo Bitcoin Meetup Group, and this Thursday evening, the group is holding its weekly meeting at The Pink Cow, a California-Mexican joint, run by an American expatriate, that sits at the heart of Tokyo's Roppongi neighborhood, an area famous for housing expats and money-minded business types.
In some ways, this feels like the heart of the bitcoin world. Bitcoin was created by an anonymous someone known as Satoshi Nakamoto -- whom many assume is Japanese -- and Tokyo is home to one of the world's most popular online bitcoin exchanges, Mt. Gox, a place where you can trade bitcoins for other currencies. But as even the Tokyo Bitcoin Meetup Group shows -- with its many expats -- bitcoin is very much an international currency. Part of its appeal, as Shishido shows, is that it can so easily cross borders.


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Card Payment Solutions, Mobile Payments and Payment Service Providers top the list of solutions the UK’s leading eCommerce and retail professionals are sourcing in 2020.
The findings have been revealed after the last Smarter Payments Summit and are based on delegate requirements at the recent 2019 event.
Delegates registering to attend the event were asked which areas they needed to invest in during 2020 and beyond.
A significant 65% are looking to invest in Card Payment Solutions, followed by Mobile Payments (51%) and Payment Service Providers (49%).
Just behind were Fraud Management Solutions (48%), Mobile Transactions (46%) and Payments Processing (also 46%).
% of delegates at the Smarter Payments Summit sourcing certain products & solutions (Top 10):
Card Payment Solutions 65.2%
Mobile Payments 50.7%
Payment Service Provider 49.3%
Fraud Management 47.8%
Mobile Transactions 46.4%
Payments Processor 46.4%
Payment Software Solutions 46.4%
Card Processors 43.5%
Epayment Solutions 37.7%
To find out more about the Smarter Payments Summit, visit www.smarterpaymentsummit.co.uk.


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While year-to-year revenues from operations and general advertising remained weak in August, the New York Times Company (NYSE: NYT) reported that online ad revs were still healthy, coming in 28 percent higher than the previous August. This is a notable turnaround from July, when the company’s internet ad revenues were up 19.3 percent – a number that was down sequentially from June’s 22 percent gains, all of which include digital display and classified ads. Still, it’s difficult to say whether or not this is a temporary reversal of the slowdown the company’s been experiencing the past few months.
And even though revenues for the News Media Group decreased 4.6, percent, it’s a slight improvement over July’s 5 percent decrease for the unit. Within that division, the New York Times Media Group increased an anemic 0.2 percent. That could be viewed positively when compared to the other two units in that division, as ad revenues for the New England Media Group fell by 9 percent and the Regional Media Group decreased 11.9 percent.
— TimesSelect: While speculation continues about the continuation of the Times’ fee-based enterprise or if it might transition to an open, ad-based model, it currently has approximately 787,400 subscribers (compared to July’s 771,400 and 537,000-plus in August 2006); with 471,500 as part of home-delivery subscriptions (versus 462,800 in July); 226,800 online-only subs (225,100 in July); and the 89,100 (83,500 also in July) who get it free as college students and educators.
— About.com: Ad revenues at the About Group (which includes About.com, ConsumerSearch.com, UCompareHealthCare.com and Calorie-Count.com) was up 27.4 percent, down sequentially from July’s 34.7 percent. Release


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The Sky Is Falling… Finally…And Again…
Ever since the beginning of the ebook revolution, and then the collapse of the poorly run Borders, Chicken Little has been running around saying the sky is falling when it comes to Barnes&Noble.
For years B&N was fine, but clearly having issues and going the wrong way and not responding well at all to disruptive forces in publishing. (Huge understatement there.) But it was a sound business until one day this last year, it wasn’t. The bad management, too many losses, no direction, and too many CEOs finally caught up with it.
Now some reports have B&N living on a $750 million dollar loan that can’t be under good terms, and other reports now have it officially for sale. (That is difficult to parse out at best because of a few owner interests.)
If B&N defaults on that loan, the company will shut down faster than Borders did, and for the same basic mismanagement reasons.
And I seriously doubt anyone will buy them. Can’t see a reason for anyone to take over those massive mall leases and aging inventory at this point. Again, same exact issue Boarders had. And if the major publishers start cutting off B&N credit, nothing left but the clean-up.
At one point it was thought the folks who own Kobo could take it, but they are now with Walmart, a much better solution. It has been rumored that Amazon could grab it, but why would they bother with all that old stuff when they can build hundreds of new stores for less money?
I can be wrong. I follow the reports and stock reports, but I have no inside information other than watching history as a guide.
This can’t be blamed on ebooks, Amazon, or anything but horrid company management in a disruptive time. I’m not going to bother to get down into the many hundreds of details pointing to bad decision after bad decision. Many of those have been reported widely.
But what I want to note is that once again The Sky is Falling. This time from all the people saying that traditional publishing will die with Barnes&Noble.
Will a ton of authors who have stuck with traditional publishing against all logic get hurt? Yes. But no worse than they are already hurting themselves by selling all rights for the life of a copyright.
And through an agent who will steal from them at first chance.
Will entire book lines vanish? Yes. No great loss, actually, after the short-term pain to a few authors who needed to break lose anyway.
Folks, these traditional publishing companies are not really based anymore in their foundations on selling and distributing books to readers. That should be scary evident by now to even the slowest writers out there. Just as one example, the companies have no sales force, but instead depend on the writer doing the work, just as indie writers do. That’s only one bit of evidence.
Nope, these major international publishers rely on the purchase of IP for their bottom line accounting. They are, in essence, copyright squatting.
This has been going on in art, music, and Hollywood for a very long time, folks. Just finally, with the new IP valuation methods for fiction copyright, copyright squatting is coming into play in publishing. (Copyright can be depreciated for tax purposes, folks. Forever. Just saying. Buy a book for $5,000 advance, appraise the future value for 70 years after the author’s death at a half million, put that value on the corporation books and then depreciate it. It is slightly more complicated than that, but not much.)
And the big corporations still have lots of outlets for their scam publishing operations to continue to pretend to sell books to suck in the new IP. Amazon and other online stores are now the largest outlets for traditional books, both electronic and paper. And indie bookstores are growing in number faster than weeds.
The bottom line… B&N going down or getting sold will be a blip in a disruptive time in publishing. Traditional publishers will keep having the ability to take copyright from writers, pretend to publish it, and then use that IP to keep themselves afloat just fine.
And indie writers and publishers will just keep on going to the bank and writing the books they want to write and actually caring about the readers, something traditional publishing and B&N long ago forgot how to do.
B&N has an uncertain fate at the moment, but just remember, the sky isn’t falling in publishing no matter what happens to that chain of stores. Publishing, thanks in large measure to the stability now of the indie publishers, will just keep on giving readers the stories they are looking for.
I just wish more traditionally published writers would see how the world has changed this century and save their books from a life of living on a corporate accounting balance sheet and not in a reader’s hands.


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The Upply x Ti x IRU European road freight rates index shows that the spot rates index moved further below the contract rates index in Q3 2023. The spot index fell for the fourth consecutive quarter, while the contract spot index climbed for the first time since Q4 2022.
Q3 2023 sees the spot index move further below the contract index. This now means spot rates are closer to their base level (2017 Q1) than contract rates. The spot market index dropped for the fourth consecutive quarter, down 1.2 points to 125.4, now putting it down 14.8 points year on year (Y-o-Y). The speed of decline in spot rates has slowed by more than a third as spot rates begin to settle in response to demand settling at a lower level.
The contract market rate has edged upwards 1.4 points quarter on quarter (Q-o-Q) and sits down just -0.4 points Y-o-Y. The Q3 2023 contract rate change is the first increase in the index since Q4 2022 as cost pressures compound.
- The Q3 2023 European Road Freight Spot Rate Benchmark Index stood at 125.4, 1.2 points lower than in Q2 2023 and 14.8 points down y-o-y.
- The Q3 2023 European Road Freight Contract Rate Benchmark Index stood at 128.1, 1.4 points higher than in Q2 2023 and now just 0.4 points down on Q3 2022.
- Toll price increases in Germany in December could increase toll costs by up to 83%, an increase which may be passed on to customers. Toll rates are also expected to increase in other EU Member States in the course of 2024. Exact increases for most Member States are not known yet.
- New forecasts from IRU shows that driver shortages across Europe are expected to worsen again, with 11% of openings expected to remain unfilled in 2024.
- Freight rates are expected to remain subdued with a slight seasonal uptick in Q4, but rates are expected to stabilise in 2024, as European demand recovers and higher costs kick in.
Short-term demand-side pressure on road freight continues to fall across the continent. Consumers who now have less disposable income in real terms are consuming fewer goods, while businesses are reducing their output in the face of declining demand. Available Q3 2023 Eurostat data shows no change Q-o-Q in European retail trade but a 3.6-point fall in manufacturing. As a result, total demand-side pressure for road freight continues to fall, freeing up capacity and allowing rates to slide further.
The rate of decline in the spot price has slowed due to abated inflation, which fell to 4.3% in September 2023, down from a peak of 10.6% in October 2022. The result is smaller falls in the demand for goods, thus reducing the weight of downward pull-on prices, suggesting some spot prices may begin to normalise.
Contract rates have been kept high by an elevated cost base, and cost increases continue to push rates up. Contract prices are less exposed to changes in short-term demand. However, should the European economy continue to stagnate at activity levels below previous years, we can expect this to add downward pressure to contract rates as renewal volumes decline.
Thomas Larrieu, Chief Executive Officer at Upply, commented, "The recent Upply data shows that road haulage prices are holding up relatively well despite a rather unfavourable economic climate. This is mainly due to a constantly rising cost structure for hauliers. Significant increases in fuel prices and wages are helping to keep upward pressure on prices, which is partly offsetting the downward pressure exerted by weak demand. Yet, it’s important to observe that spot prices have been dipping for four consecutive quarters, signalling persistent market volatility and hinting that a market rebound might not be on the near horizon."
Inflationary pressure remains across most road freight operating costs, pushing up the cost base further and sustaining the high floor for rates. Transport and storage sector wages are up 17.6% versus 2019 levels, as drivers remain in short supply. Other cost increases are also apparent as October fuel prices are up 14% versus June 2023. There has also been a 15.9% increase in the cost of spare vehicle parts, a 21.4% increase in vehicle maintenance costs, and a 6.3% increase in insurance costs.
Much of the European road freight market is now also braced for toll price increases, starting in Germany in December. The new CO2 toll in Germany could increase toll costs by as much as 83% for carriers, a cost that will likely be passed directly onto customers. A large part of the European road haulage market is also gearing up for the roll-out of the new European toll system linked to CO2 emissions, which starts in Germany in December and will have an impact on prices.
Michael Clover, Ti’s Head of Commercial Development, said, “Toll price increases are expected to start in Germany in December before sweeping across much of Central and Eastern Europe in 2024. The increases are of a magnitude sufficient to make current operating models unsustainable for many operators, so the expectation is that they will try to pass on the cost to shippers, raising rates for freight within and transiting through affected countries.”
As toll increases kick in, further cost pressure is also expected from rising wages driven by the driver shortage. New forecasts from IRU show that next year, the shortage is projected to reach 11%, driven by transport demand growth expectations as well as an ageing driver population. The forecasted driver shortage will strongly depend on the economic activity with a mild rebound in growth that is still expected next year, as inflation keeps easing, the labour market remains robust and real incomes gradually recover.
Vincent Erard, IRU’s Senior Director for Strategy and Development, added, “The road transport industry is engaged in an unprecedented transformation, having to both respond to growing transport demand (50% by 2050) and decarbonise at the same time. Without support for the sector, made up mainly of small and medium-sized companies whose margins are low (1 to 2%), in a context of increasing prices, costs and investments (fuel, tolling, labour costs, vehicles, etc) and an increasingly unsustainable shortage of drivers (225,000 in Q2 2023), there is a great risk of not achieving any of the economic and environmental objectives.”
The outlook for European rates is reduced volatility as European demand stagnates at lower levels than in previous years. In the short term, cost increases and especially the toll price increases in Central Europe are likely to push rates up in Q4 2023 and Q1 2024, before demand begins to recover in the second half of 2024.


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Police in Ohio are looking for thieves who made away with massive amounts of candy at a Garfield Heights convenience store.
According to detectives, a Cleveland-area Speedway convenience store has been robbed of tens of thousands of dollars in sweets.
Garfield Heights Police said they have been working this case since June.
“We're getting calls after the fact because when they're doing their inventory, then they're discovering the shortage,” said Detective Phillip Herron.
The surveillance video shows the robber walking in, followed by several other people.
“This guy’s got a bag, he's shoving all kinds of candy and there's a lot of people in that store, and not one person has called us, alerted us,” said Herron.
The manage of the Speedway declined to comment on the robberies. Herron said the manager has also declined to speak to police.
“As far as getting cooperation from employees in the store, we're not getting a lot of cooperation,” he said.
So where is all this candy going? Herron said the robbers are most likely not eating it all, but reselling it.
“Either take that candy and resell it to a store,” he said. “We got information from other cities that, some of these inner-city stores are buying the stolen candy for pennies on the dollar and they'll be able to resell it and make a bigger profit.”
Back in July of 2016, thieves stole hundreds of dollars worth of candy at the Speedway in nearby Berea. Police in Middleburg Heights, another nearby Cleveland suburb, also confirmed a similar robbery earlier this year.
The detective said the black market is becoming a bigger business on the streets. He said all the cases could possibly be linked.
So far, Middleburg Heights said no arrests have been made in their case. Berea Police have not responded to requests for updates.


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The OnePlus Nord CE 5G will be debuting in India and Europe on June 10. Ahead of the launch, the rumor mill is actively working to spill new information about the Nord CE 5G. A fresh report by Pricebaba that cites reliable leaker Ishan Agarwal as its source has carried new renders of the Nord CE 5G. It has also revealed the different RAM and storage variants of the smartphone.
Fresh information reveals that the OnePlus Nord CE 5G will be available in two colors such as Charcoal Black and Blue Void. The new renders show that it has a punch-hole display on the front and its rear panel has a triple camera system. The appearance of the phone is not too different from the Nord 5G from last year, which came with an additional rear camera and a punch-hole screen.
The Nord CE 5G’s fingerprint scanner is embedded under the display, and it lacks an Alert Slider. A volume rocker, a USB-C port, and a 3.5mm headphone jack are also available on the edges of the phone. Agarwal claimed that the handset will come in three choices such as 6 GB RAM + 128 GB storage, 8 GB RAM + 128 GB storage, and 12 GB RAM + 256 GB storage.
OnePlus Nord CE 5G Specifications and Pricing (Rumoured)
Past reports have revealed that the OnePlus Nord CE 5G will be sporting a 6.43-inch AMOLED screen that will deliver an FHD+ resolution and a 90Hz refresh rate. For selfies, it will be featuring a 16-megapixel front camera and its rear shell will have a 64-megapixel + 8-megapixel + 2-megapixel triple camera system.
The Nord CE 5G will be driven by the Snapdragon 750G SoC and a 4,500mAh battery, which will carry support for 30W rapid charging. The handset is expected to arrive with a starting price of Rs 22,999 ($315), and it will be up for pre-orders from June 11. The open sales of the phone will commence on June 16.


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June 28, 2007
George Kovacs, a designer, manufacturer and importer of innovative and stylish modern lighting fixtures who introduced the ubiquitous halogen torchiere to the United States, died Friday at his home in New York City. He was 80. The cause was emphysema, his wife, Barbara, said. "His name is one of the most recognizable in lighting," said Fred Katz, a lighting expert and the owner of Lightforms, a store in Manhattan. Mr. Kovacs not only made popular table lamps, floor lamps, hanging pendants...


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- HWP PRESENTS
Organisers of Earth Hour have recruited a constellation of chefs to act as food ambassadors and teach people how to eat for the planet -- a plan that will put carnivores on high alert.
One of the main pillars of green eating is to reduce red meat consumption in addition to using local ingredients and eating sustainable seafood -- three direct changes that are being promoted in the run-up to Earth Hour on March 31.
According to the United Nations, raising livestock for human consumption is responsible for 18 percent of greenhouse gas or carbon dioxide emissions -- more than worldwide transportation.
This is particularly worrying considering that red meat consumption is expected to rise exponentially in China in parallel with their growing affluence, environmentalists say.
Likewise, according to the State of World Fisheries and Aquaculture, more than half of the world's fisheries are fully exploited, while a third are either depleted or recovering from depletion.
Organisers of Earth Hour have enlisted celebrity chef Bill Granger to act as the Australian ambassador for Earth Hour 2012, and other chefs around the world have also contributed recipe ideas that are largely vegetarian and, by extension, pack a healthy punch.
BBC presenter Ching-He Huang, for instance has lent her recipe for red cabbage and edamame salad, seasoned with soy, sesame oil and rice vinegar. British chef, cookbook writer and TV presenter Rick Stein also uses common, sustainable ingredients for his orange caramel cream.
In step with the event's campaign slogan ‘I Will if You Will campaign,' meanwhile, food writer for environmental blog Treehugger Jerry James Stone has pledged to follow a vegan diet for a month if 5,000 fans swear to convert for one week.
Meanwhile, the Monterey Bay Aquarium offers both a mobile and pocket guide outlining the best and worst seafood choices for the planet at http://bit.ly/dR3WSp.
For more info on Earth Hour, including recipe ideas, visit http://www.earthhour.org/page/cooking-storm.
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See all the winning products of 2015 – your ultimate beauty guide!


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Espey Mfg. & Electronics Corp. reported a drop in net income for the first fiscal quarter.
The Saratoga Springs-based manufacturer of military and industrial power supplies and electronic equipment had net income of $60,585, 6 cents a share, for the three months ended Sept. 30. This compares to net income of $280,965, or 28 cents a share for the same period last year.
Net sales for the quarter were $4.7 million, compared with last year's first quarter net sales of about $5.1 million.
"Our Company experienced lower sales for the first quarter of fiscal 2005," said Howard Pinsley, president & CEO of Espey (AMEX: ESP). "Our earnings for the first quarter were down, the result of our investment in the design phase of several new programs which we expect will add significantly to our sales in the future."


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I can’t not say something about a press release that I received this morning. PETA (People for the Ethical Treatment of Animals) in the US have purchased stock in Revlon to try and force them to reveal whether they pay for tests on animals in China. Revlon have, according to the release, refused to answer the question.
What this now means for Revlon, with PETA US as shareholders, is that they may have their hand forced not by the consumer, not by animal rights groups but by legitimate shareholders in their company who have the right to attend shareholder meetings in the boardroom.
It’s the first time I’ve seen something like this so am following the story avidly. Revlon have had a ban in place on “poisoning animals” since 1989, but subesquent questioning on whether they are in fact, complying with Chinese regulations to use and pay for animal tests aren’t answered. Which would, of course, mean they aren’t a non-animal testing company. As it happens, since the big u-turn from Urban Decay on their decision to go into China, this topic has become very much a focus for the beauty community.
Bizarrely, if brands such as Avon, Mary Kay and Estee Lauder instead put significant amounts of money PETA’s way instead of to animal testing in China, they’d actually speed up the process of PETA’s scientists getting cruelty free tests accepted by China whose approval of the first non-animal tests for cosmetic ingredients is currently pending.
You know, if you have a stack of money, put it the right way. Beauty bloggers and the internet mean that consumers are far more knowledgeable than they ever used to be – it’s more or less impossible for any brand to operate in ways that we cannot find out about – so stop pretending we don’t know! We do! A significant number of beauty consumers will actively not purchase products with a history past or present of animal testing so er… instead of paying for testing, pay for these consumers to come back by funding alternative testing. Is it me, or is this just simple economics? Don’t say I have to run Revlon now.. ;-)))
All products are sent to me as samples from brands and agencies unless otherwise stated. Affiliate links may be used. Posts are not affiliate driven.


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Lawmakers in Michigan Mull Tax on Electric Cars
April 26, 2013 9:14 AM
comment(s) - last by
States want more money to fix roads
Lawmakers in Michigan are currently considering imposing a tax on electric vehicles. Michigan joins Oregon, Texas, Virginia, Arizona, and Washington, which are also considering a tax on both electric and hybrid vehicles. States currently collect taxes when drivers purchase gasoline that helps fund the construction of new roads and maintenance on existing roads.
The problem is that electric vehicles don't use gasoline at all and hybrid vehicles use less gasoline than a traditional car meaning states are seeing less tax revenue.
Michigan State Rep. Mike Shirkey (R) proposed the tax on electric cars.
Michigan Rick Snyder (R) wants an additional $1 billion to repair roads around the state. In the past, Snyder has supported other ways to raise more money within his state including increasing the tax on fuel and increasing vehicle registration fees.
Governor Snyder said of Shirkey's plan, "I’d have to analyze that, but I’d say there’s competing interests on both sides of that question."
In Oregon, the plan would
of vehicles that get at least 55 mpg a tax on each mile driven after 2015. Oregon would also give drivers of efficient vehicles the option of paying a flat rate each year. Drivers of electric vehicles in
are expected have to pay a fee of $100 per year to help cover road maintenance.
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Before these crazy taxes
4/26/2013 1:05:40 PM
Before there was all these crazy taxes, there were just your basic taxes paid like income, property, sales, etc...
Now they are coming up with so many extra fees and taxes everywhere. Roads used to built on taxes received without depending on massive amounts of tolls and all kinds of other taxes. I can't believe I have to pay a fee to make a 911 call.
What's next? sidewalk toll booths? fee to use public parks? Lawn tax for my grass being too green?
RE: Before these crazy taxes
4/29/2013 3:02:38 PM
fee to use public parks?
Yep, seen that, not surprising really, seeing how much the guy who cuts those lawns gets paid.
Lawn tax for my grass being too green?
If you use fertilizer... so many hidden taxes there, so yup.
Sorry, government as it is sucks, and sucks, and just keeps sucking at your wallet.
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New Delhi: Sony Mobile has announced to roll out the Android 4.1 update to its Xperia phones. Revealing the update schedule, the company said the upgrade plans for Xperia T, Xperia TX and Xperia V are progressing as planned - these smartphones will start to receive Jelly Bean during February and March.
Xperia P, Xperia J and Xperia go will be upgraded from the end of March. Then Xperia S, Xperia SL, Xperia ion and Xperia acro S will follow in the subsequent weeks.
Unfortunately, the owners of Xperia U, Xperia miro, Xperia tipo will not get Android 4.1. The decision has been taken not to upgrade Xperia U, Xperia miro, Xperia tipo, and Xperia sola beyond Android 4.0, said Sony Mobile in a blog post. Availability and rollout timing will vary by market and customer variants.
The decision has been taken not to upgrade Xperia U, Xperia miro, Xperia tipo, and Xperia sola beyond Android 4.0.
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text:
THQ will lose a further 120 development jobs
THQ is preparing to axe a further 120 jobs in their development base as they attempt to recover from their losses caused chiefly by the disasterous uDraw tablet.
The job losses are also caused by their inability to find a partner to fund the continued development of Warhammer 40K Dark Millennium as an MMO.
Darksiders and Dark Millennium studio, Vigil Games will shed 80 staff from their operations in Texas and Relic Entertainment in Vancouver will lose 40 staff.
The publisher has already cut over 270 jobs since December and CEO Brian Farrell has taken a temporary 50 percent pay cut in order to try and turn the business around and avoid having their shares delisted from the NASDAQ.
Thanks Develop Online.
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- EA gives the new Mirror's Edge a name – Mirror's Edge Catalyst
- ZombiU PS4 and Xbox One port reportedly in the works
- Mike Bithell's Volume to be released this August
- Gearbox's new shooter Battleborn gets a pre-E3 trailer
- Steam Controller launches in October, Steam Machines arrive in November
- Gears Of War devs Black Tusk change their name to The Coalition ahead of E3


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The Bottom Line
Restaurant Business Executive Editor-in-Chief Jonathan Maze is a longtime industry journalist who writes about restaurant finance, mergers and acquisitions and the economy, with a particular focus on quick-service restaurants. He writes daily about the factors influencing the operating environment, including labor and food costs and various industry trends such as technology and delivery.
Jonathan has been widely quoted in media publications such as the New York Times and the Washington Post and has appeared on CNBC, Yahoo Finance and NPR. He writes a weekly finance-focused newsletter for Restaurant Business, The Bottom Line, and is the host of the weekly podcast “A Deeper Dive.”


text:
Container throughput at the Port of Virginia grew 24 percent in August on a yearly basis to 188,658 TEUs, the Virginia Port Authority said.
The figure comes on the heels of three consecutive monthly records, including an 8 percent increase to 180,384 shipping units in July.
Since January the port has processed 1.36 million TEUs compared to 1.26 million TEUs during the same period in 2011, an increase of 8 percent.
Port officials point to their deep-draft harbor and land-side improvements such as intermodal rail as reasons carriers and shippers are bringing cargo to the port.
Intermodal containers handled in August increased 22.8 percent to 34,528 and year-to-date rail containers are up 15 percent to 247,217.
The port authority said it moved 780 containers on its twice-weekly barge service between Hampton Roads and the Port of Richmond in central Virginia, a 200 percent increase from a year ago. So far this year, the number of containers carried by barge instead of truck has more than doubled to 5,978.
Ship calls increased by 21 to 172 in August, with the total number of ships visiting the port this year at 1,310 vs. 1,202 compared to the same period a year ago.
The Virginia Inland Port, in Front Royal, experienced a 34.8 percent increase in container volume to 3,465 boxes and volume is running 4.8 percent ahead of last year.
Breakbulk volume increased 15.3 percent to 25,413 tons. - Eric Kulisch


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SEMCORP will start building its first LiBSF production plant in Debrecen - VIDEO REPORT
2021. 09. 13.
Construction of the SEMCORP Group's first production unit outside China begins with the laying of the foundation stone of the production plant producing lithium-ion battery separator films (LiBSF) in Debrecen. Operational production will be launched in the first quarter of 2023. Their products are used in technical devices including electric vehicles in large quantities. The volume of the investment is almost EUR 184 million , thanks to which 440 new jobs will be created.
SEMCORP Group announced the construction of the 97,000-square-metre plant back in November 2020 (10 months ago), which will be established on a 19-hectare development plot in the Debrecen South Industrial Park. The 50,000-square-metre plant constituting the first phase of the investment will house four base film production lines as well as coating and slitting capacity.
The plant in Debrecen will be the first factory of SEMCORP outside China, where the company already has six production plants and a current annual base film production capacity of 3.5 billion square metres. The plant in Debrecen is expected to expand it by 400 million square metres per year. SEMCORP is currently the world's largest supplier of LiBSF. Its customers include global suppliers of lithium-ion batteries, like LG, Panasonic and Samsung.


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The Limited cuts 50% off regular-priced items via coupon code "LOVELY". Plus, the same coupon takes an extra 30% off sale items, already marked up to 78% off. Even better, all items qualify for free shipping. That's the best coupon we've seen from The Limited since Black Friday when we saw 50% off sitewide with free shipping.
Most taxpayers will see their tax bill go down during 2018. That could impact which type of account -- traditional or Roth -- makes sense for you.


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Paul Evans on launching Xbox's Kinect Star Wars game
Promoting the launch of Microsoft's multi-market videogame Kinect Star Wars earlier this year relied on a marketing strategy focused on creating buzz around social media, supported by media agency UM, says Paul Evans.
Talking to Marketing at IAB Engage 2012, Evans, head of media, EMEA at Xbox, explained the six month marketing strategy behind the launch. Admitting the activity required 16-18 hour days for six months, six days a week, Evans said two strong areas of focus were mobile and social.
Designed to sell games through word of mouth, the award-winning campaign is reported to have generated four times ROI, and to have successfully cut through the technology side to promote a great user experience.
Kinect Star Wars promised to bring the movie franchise to gamers like never before, by harnessing the controller-free power of Kinect for Xbox 360. Players are able to physically hone their Jedi skills, wield the power of the Force in their hands, pilot iconic ships and vehicles, rampage as a vicious Rancor monster or even dance with iconic Star Wars characters.
One of Evans' key learnings since launching the activity is that when it comes to harnessing social media and mobile, it is difficult to beat the power of video.
"Video is incredible," he said. "Video works so, so hard. Video drives a lot of impressions, separate to the app experience, the video worked in its own rights."Follow @DurraniMix
This article was first published on marketingmagazine.co.uk
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- JUNIOR DIGITAL DESIGNER #ESHOTS #WEBDESIGN #SOCIALMEDIA Creative Recruitment £25000 per annum, London


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Christmas is coming and even though Halloween has no arrived all of the major stores are gearing up for the holiday season by getting their Black Friday and Christmas sale ads out as soon as possible.
Four weeks between Thanksgiving and Christmas this year mean less time to get those must have items on yor shopping lists at the low prices you want and need.
Kmart, and Target have already revealed their Christmas Toy catalogs and now Toys R Us has just released their huge 78 page ‘Great Big Wish Finder’ catalog filled with thousands of toys, games, dolls, blocks, bikes, scooters, video games and more.
They also have several pages of coupons at the back of the catalog that will save you even more.
Toys R Us’ toy catalog sale prices and coupons are valid starting November 3 through November 23, 2013
Toys R Us releases their 2013 ‘Great Big Wish Finder’ toy catalog Pages 1-20
Toys R Us releases their 2013 ‘Great Big Wish Finder’ toy catalog Pages 21-40
Toys R Us releases their 2013 ‘Great Big Wish Finder’ toy catalog Pages 41-60
Toys R Us releases their 2013 ‘Great Big Wish Finder’ toy catalog Pages 61-78
For a limited time Toys R Us has free layaway with no upfront service fee plus free in store pickup when ordering online with no shipping fees.
Toys R Us is wanting to grant all of the children’s wishes this year so they have all of the hottest toys of the year at the lowest prices ever to make kids and moms and dads happy.
Here is the list of the top 15 toys on shopping lists this year;
- Sophia The First Enchanted Vanity $69.99
- Despicable Me 2 Collection Talking Figures $59.99
- Flutterbye Flying Fairy Doll $27.87
- Doc McStuffins Deluxe Get Better Check Up Center $59.99
- Ever After High Royal And Rebel Dolls $19.99
- LeapFrog LeapPad Ultra Learning Tablet $149.00
- LEGO’s Legend OF Chima the Lion Chi Temple $99.99
- Razor Crazy Cart $349.99
- XBox One $499.99
- Fur Real Friends Cuddles My Giggly Monkey $49.99
- Sesame Street Big Hugs Elmo $49.00
- Cra-Z-Loom Shimmer and Sparkle Bracelet maker $14.99
- Tabeo e2 Tablet $149.99
- The Ugglys Electronic Pup Pets $24.99
- Skylnders Swap Force Starter Kit $74.99
Amazing items at great prices, and that is not all, The Toys R Us Toy catalog has so much more at the prices you can afford.
Stay tuned here for more of what Toys R Us has in store for you in their Great Big Wish Finder Catalog for 2013.
For opening hours of your favorite stores on Black Friday check here.
To get Email updates when a new article is posted, please subscribe above and follow me on Twitter @Maggiesmom626


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Chad Valley is dropping its line of gendered children’s books as of January 2015.
Questioned by the consumer action group Let Toys Be Toys over books like 365 Stories and Rhymes for Boys and 365 Stories and Rhymes for Girls, Chad Valley took to Twitter to announce it was dropping its gender specific book lines.
‘They [boys and girls] don’t need separate stories, we agree,’ stated Chad Valley.
‘These books will not feature from January onwards and an exciting new range will launch.’
This latest victory for Let Toys Be Toys falls under the umbrella of its Let Books Be Books campaign asking children’s publishers to drop gender labelling.


text:
The “DiscoRobo” by Tosy was featured on NewsWatch as part of its 2014 Consumer Electronic Show Wrap Up, which took a look at the latest and coolest technology showcased at the trade show.
One of the more consistent obsessions consumers have in the technology world is in the field of robotics. From movies to novels, consumers have been waiting for the moment where robots truly are part of their everyday life. While they certainly are an integral part of advanced medicine, they’ve only recently been introduced to shoppers.
A simple but fun robot for kids was showcased at the Consumer Electronics Show by a Tosy Robotics. It’s called the DiscoRobo and it’s a dancing robot that can also talk and interact. It comes in four different colors and can be controlled with the DiscoRobo mobile app or a television remote control. For anyone that owns two DiscoRobos, they talk and dance together as well.
It was one of the few but popular robots on display at the 2014 Consumer Electronics Show in
NewsWatch is a weekly 30-minute consumer oriented television show that airs monthly on
The show airs in 180 markets nationwide as well as all of the top 20 broadcast markets in the country, and is the preferred choice for Satellite Media Tour and Video News Release Distribution.
For more information or to catch all the products reviewed at the 2014 Consumer Electronics Show, visit http://newswatchtv.com/ces-2014.html.
Read the full story at http://www.prweb.com/releases/newswatch/discorobo/prweb11600510.htm
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text:
May 18 2013 Latest news:
By Paul Geater
Thursday, September 20, 2012
MYSTERY today surrounds the future of one of the largest stores in the heart of Ipswich as proposals to develop a nine-screen cinema in the Buttermarket are set to be discussed by planners.
Multiplex giants Vue have submitted an application to develop the cinema.
It is due to be discussed by planners next week and it would be a major shock if they rejected the move which is generally seen to be a major boost for the town centre.
However while most of the area to be converted is vacant, it does include about half of the existing TK Maxx store on the first floor of the Buttermarket centre.
There would also be issues with access to the cinema if the rest of the TK Maxx store remained in place across the central concourse.
All the artists impressions produced to support the application show the area currently occupied by TK Maxx cleared – and these form a fundamental plank of the planning application.
The Star understands that there have been talks between senior figures at TK Maxx and the owners of the rival Tower Ramparts centre about moving into the former Littlewoods store.
A spokeswoman for TK Maxx said: “ We are aware of a planning application with regard to the Buttermarket shopping centre however, we are not currently able to comment on these plans in relation to our store.”
There is also speculation that another retailer could be moving into Tower Ramparts after the Tavern Street premises of fashion retailer River Island was put up for let.
The shopping centre, which opened in 1986, was sold last year to property giant Lasalle amid promises that it would be revamped following the purchase.


text:
Business big shot: Andrew Guy
Position Chief executive, Ed’s Easy Diner Holdings
When Andrew Guy became involved in the buyout of Ed’s Easy Diner four years ago, it comprised three restaurants in London. Today, the chain of 1950s-style American diners is opening branches across Britain and attracting interest from would-be franchisees overseas.
Today the company, valued at £1.75 million under the buyout, will report a doubling of underlying earnings to £972,000 in the year to September, from turnover up 58 per cent to £9.4 million, although recent openings have pushed the “run rate” for revenues to about £19 million.
In addition to Ed’s seventeen outlets, the group has five stands at shopping centres. It also has two restaurants in Cape Town under the Joe’s Easy Diner brand —


text:
PR & GO UP
TV series tourism is growing: from the Paris of “Emily in Paris” to the Taormina of “White Lotus”
It’s called “The White Lotus effect”, and it refers to the boom of American tourists in Sicily after the airing of the second season of the award-winning TV series that won two Golden Globes. As reported by the New York Times Post, by the end of 2022, accommodation requests in Sicily had increased by 50%, with Taormina ranking at the top of the list of the most sought-after destinations on travel websites.
But it’s not just Sicily. In recent months, there has also been an increase in flight searches to Naples following the release of the new season of ‘Mare Fuori’.
Cine-tourism is a growing sector, according to Expedia’s 2023 travel trends report, which revealed that two-thirds of travelers draw inspiration from movies and TV series to choose their next destination.
PhotoAiD’s Study on cine-tourism
According to a survey conducted by PhotoAiD, 96% of people have visited at least once in their lives the sets of their favorite movies, and this year’s holidays, 78% will choose their destinations based on the locations of beloved films.
In line with this trend, Netflix has initiated a collaboration with the United Nations World Tourism Organization to support the favorite destinations of cine tourists.
Moreover, even government entities like the website of Albuquerque, New Mexico, have created a special itinerary for ‘Breaking Bad’ fans, as well as French tourism agencies offering guided tours to the favorite locations of Lily Collins in ‘Emily in Paris’. The latter has attracted numerous tourists and aspiring residents to the French capital.
According to PhotoAiD’s survey, 35% of respondents choose a city based on their Netflix watch history to have an immersive experience that allows them to feel like the protagonist of a show, even if only for a moment.
Among the preferred destinations in the United States, 31% of respondents stated a desire to visit Hawaii due to their passion for the ‘Jurassic Park’ saga. In the American ranking, New York dominates the second, third, and fourth places for three different reasons. The series ‘Friends’ motivates 30.5% of tourists, the 2019 film ‘Joker’ motivates 28.6%, and ‘Home Alone 2: Lost in New York’ motivates 27.9%.
To give an idea of the economic impact cine-tourism can have on a country, the second-to-last film in the ‘Jurassic Park’ franchise, ‘Jurassic World: Fallen Kingdom,’ boosted Hawaii’s economy with $31 million. According to the research, this amount translates to $6.9 million in wages for over 1,200 Hawaiian workers.
The most desired destinations:
But what are the most desired destinations? While the first place is taken by the United Kingdom and Ireland, the realm of ‘Harry Potter’ and ‘Sherlock Holmes’, New Zealand takes the second position with 18.1% of tourists seeking to relive the journey of The Lord of the Rings’. Following closely are the sets of ‘Game of Thrones’ in Northern Ireland, the United Kingdom, and Croatia (chosen by 17% of respondents) and South Korea from ‘Squid Game’ (16.7%).


text:
Rick Merritt, EETimes
2/4/2014 00:01 AM EST
SAN JOSE, Calif. — Bitcoin will spawn an emerging market for specialized parallel processors, according to a veteran high-tech investor, but one young startup engineer is skeptical.
"There's a big opportunity in silicon with a new wave of chip design ideas, which is not something we would have predicted a year ago," said Marc Andreessen co-founder and principal of Andreessen Horowitz.
Bitcoin is an online alternative to currency and banking that requires specialized silicon. This kind of "crypto currency is the first thing like the Internet since the Internet," said Andreessen in an on-stage talk at the Open Compute Summit last week.
Click here to read more ...


text:
Northland shopping centre retailer fined
The Federal Court has penalised operators of a number of building and construction clothing retail outlets, Bad Workwear, close to $40,000 and forced them to backpay $56,850 for the mistreatment of a junior employee over a two year period.
According to its website, Bad Workwear has three retail stores in Victoria including Northland Shopping Centre, Epping Plaza, and Westfield Fountain Gate, as well as a clearance outlet and Workwear Warehouse in North Geelong.
The teenage sales assistant was underpaid more than $56,000, and failed to provide sufficient meal, rest, and toilet breaks.
It was found that due to being underpaid, the employee was unable to support herself financially and forced to rely on others to make ends meet.
The employee was underpaid $56,850 between May, 2010 and November, 2012. She worked mainly at the Northland Shopping Centre outlet at Preston owned by Fardin and Beverly Soleimani.
She was aged 18 to 20 at the time and worked as a junior sales person for several months before being promoted to store manager.
The underpayments were the result of the employee being paid flat hourly rates ranging from $10 to $16 for all hours worked – despite regularly working more than 50 hours a week, including 12 hour shifts.
The payments were below the minimum hourly rate and led to underpayment of penalty rates for weekend, evening, public holiday, and overtime work.
The employee’s laundry allowance, annual leave entitlements, and superannuation entitlements were also underpaid. Record keeping and payslip obligations were also contravened.
Judge, Suzanne Jones, found that the employee was underpaid more than 40 per cent of her total entitlements.
Jude Jones referred to the employee’s evidence that a lack of meal breaks made it difficult for her to eat or rest properly, or indeed visit the toilet.
“She says that the respondents’ conduct contributed to financial difficulties for her, undermining her ability to support herself and forcing her to rely on others to make ends meet,” Judge Jones said.
The Court found that penalties should be imposed at a meaningful level to deter employers in the retail industry from committing similar contraventions and “leave them in no doubt as to the consequences should this occur”.
Judge Jones was particularly critical of the Soleimanis’ failure to keep proper records and issue payslips, saying it was “demonstrative of a serious disregard for their obligations”.
The Fair Work Ombudsman commenced an investigation into the matter after receiving a complaint from the employee.
The employee was back paid her outstanding entitlements only after the Fair Work Ombudsman commenced its legal action.
Fair Work Ombudsman, Natalie James, says the Court’s decision sends a clear message to employers that exploitation of young, vulnerable employees will not be tolerated.
“Successful litigations such as this also benefit employers who are complying with workplace laws, because it helps them to compete on a level playing field,” she said.
Readings is among the Melbourne retailers that have decided to close their stores for the second lockdown. MD Mark… https://t.co/vZWWzOUEfN4 mins ago
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text:
In a period of historically high inflation in the U.S., many Town & Country businesses say they have had to raise prices to combat supply and staffing challenges, creating pricing concerns among students.
According to the U.S. Department of Labor, the price of consumer goods increased by 8.2% in September compared to the 12 months prior. Inflation has remained above 8% since March 2022 and reached a peak of 9.1% in June, far above the Federal Reserve’s target range of 1-3%.
Economics teacher Grant Blackburn said inflation is caused by changes in supply and demand. Blackburn said consumers tended to save money during the COVID-19 restrictions but are now spending it, driving up prices, and supply chain problems have made the problem worse.
“There’s pent-up demand from the pandemic because people have not done anything for a year and a half,” Blackburn said. “That means they’ve saved up a lot of money, and they’re excited to get out and do something. The other part of it is supply. The supply chain and all the businesses that provide goods and services have been disrupted.”
Blackburn also said inflation creates inventory and pricing challenges for businesses, especially because higher prices can reduce the number of customers a business has.
Rosie Cetina, manager of Poké House at Town & Country, said the price of a poké bowl has increased by about 50 percent since the beginning of the pandemic because of the increased price of fish.
“We increased the price three times after the pandemic, which can be a concern, especially for students,” Cetina said. “However, our quality is the same, and our portions are still the same.”
Cetina said she has noticed fewer customers as prices have risen. Additionally, Cetina said wage increases for employees to account for inflation has put Poké House under more pressure.
“Managing the employee situation has been difficult,” Cetina said. “We needed to increase wages to help employees. We also had to reduce hours by about two hours per week for the ones working part-time to save on costs.”
However, inflation has not affected all businesses equally. Romel Avrina, manager of Boba Guys at Town & Country, said inflation has only marginally increased supply costs.
“The price of dairy has gone up, and that’s a blanket increase across all of our drinks,” Avrina said. “Oat milk and rice milk (costs) have increased as well. That’s maybe about five to 10 cents per drink.”
Avrina also said inflation has created challenges in sourcing some ingredients such as black sesame powder since some suppliers have increased their costs.
“We’ve had to use a variety of brands, which has provided a little bit of inconsistency, because we need to source particular items to be within our sales budget,” Avrina said.
Senior Andrew Wang, who goes to Town & Country every day for lunch, said while the price increases are inconvenient, he understands businesses have to meet increased costs given the current economic climate.
“I think the deals for students were pretty good, so it makes sense for the prices to go up,” Wang said. “I think (Town & Country businesses) would probably be losing a lot of money if the prices didn’t rise. It’s still generally a fair price.”
Yet, Wang said the prices have made him consider spending less at Town & Country.
“(The prices) will probably affect my spending habits a little bit,” Wang said. “I’ll consider bringing more food from home because I think the prices will probably go up more in the future.”
Over the last four months, the Federal Reserve raised national interest rates on loans by 3% to increase the cost of borrowing. Blackburn said increased interest rates slow the economy and thus reduce inflation, but it will take months for the situation to improve.
“They are making it more difficult for people to acquire money, credit and loans,” Blackburn said. “The idea is that if people spend less, businesses will see fewer customers come in the door, and in order to entice more people to come, they’re going to lower their prices. But that’s not going to happen until people feel enough of a pinch.”
Blackburn said the Federal Reserve has to walk a fine line between lowering inflation and crashing the economy.
“We don’t want inflation to get out of control because if it keeps going, it will feed on itself,” Blackburn said. “If we taper down too much, it’s going to create a recession, and people will lose their jobs. So, we’re in a really tight fix.”


text:
One of the site's co-founders offers new evidence that parent Intermix Media knew the $580 million it accepted from News Corp. was too low
When News Corp. (NWS) Chief Executive Rupert Murdoch paid $580 million for Intermix Media, parent of social network MySpace.com, talk was he overpaid. MySpace lacks a business model, and the cool kids who flock to the site will hit the road as soon as it sells out to Big Media—or so the argument ran.
More than a year later, overpaying is a moot point. MySpace.com's traffic has more than doubled, and the site has become the sixth-most popular in the world. If anything, News Corp. didn't pay anywhere near enough, say some Intermix shareholders. And they're taking that frustration to court, filing complaints that accuse Intermix management of breaching fiduciary duty and disseminating misleading information.
Indeed, in the year since the News Corp. purchase, MySpace's net worth has nearly tripled, to $1.5 billion, according to Soleil-Media Metrix. "This is probably one of the best acquisitions ever," says M&A expert Tom Taulli. And that value should climb some 20% a year, along with the growth of the online advertising market, figures Laura Martin, an analyst with Soleil-Media Metrix. "It obviously wasn't a good deal for [original] shareholders," she says. "If they waited a year, they would have gotten $1 billion more."
VIACOM ICED OUT?
Some shareholders say they would have done just that, had Intermix management been more forthcoming with information on the company's value. And on Oct. 5, MySpace co-founder Brad Greenspan went public with information he says shows Intermix knew it was selling MySpace on the cheap.
In a report, Greenspan alleges the Intermix board knew MySpace.com was worth significantly more than News Corp. paid. He also claims Intermix refused to work with News Corp. rival Viacom (VIA), which was considering placing a competing bid for MySpace.com. Greenspan owned 10% of Intermix at the time of the sale.
Greenspan has made such allegations before, but now he's backing them up with what he says is evidence, including internal e-mails he's obtained through legal action. One e-mail, published on Greenspan's site (www.freemyspace.com) and authored by Intermix CEO Richard Rosenblatt, reads, "I am looking forward to supporting the 20B dream." Greenspan says it's a reference to the idea that MySpace will be worth $20 billion in coming years—and that Intermix top management knew it.
Another e-mail indicates Intermix was also fielding overtures from Viacom, according to Greenspan. A Viacom executive "just called w lots of luv," writes Rosenblatt to Intermix Chief Operating Officer Sherm Atkinson. Viacom did not respond to a request for comment. Rosenblatt, now CEO of Demand Media, declined to comment through a company spokesperson.
In a statement to BusinessWeek.com, News Corp. said: "It's unfortunate that Mr. Greenspan continues to issue press releases complaining about a deal that many industry experts initially believed was a risk for News Corp. to take. We've strategically built this business since the acquisition and are just now beginning to realize real financial value. This is simply a case of sour grapes making for loud complaints."
Greenspan also alleges shareholders weren't provided with key revenue data that would have helped them make a more educated decision at the time of the deal. "No one knew what the revenue of MySpace was," Greenspan says. "MySpace has hidden it from everybody."
Though he's among the most vocal, Greenspan isn't the only former MySpace investor disappointed with the sale to News Corp. "As a shareholder of MySpace, my strong preference would have been not to have sold the company," says Geoff Yang, a founding partner at Redpoint Ventures, which funded MySpace.com. Redpoint hasn't sued Intermix over the deal, but others have. Greenspan is among stakeholders who have sued Intermix and its representatives.
Several other people are participating in at least two separate lawsuits alleging everything from violations of proxy statements to an unfair sales process that prevented other companies from bidding for MySpace. They have big-gun lawyers backing them, including Lerach Coughlin Stoia Geller Rudman & Robbins, which won billions in settlements for plaintiffs in the Enron case. "Other than the Enron case, this is the largest case in my case inventory," says Darren Robbins, a partner at the firm. "This is the most outrageous transaction I've ever witnessed. Other cases pale in comparison." News Corp. is being defended by Skadden, Arps, Slate, Meagher & Flom, which represented The Blackstone Group in the acquisition of Freescale Semiconductor for $17.6 billion—the largest-ever leveraged tech buyout.
Indeed, M&A attorneys say News Corp. has taken on a lot of risk in acquiring MySpace.com—risks that had reduced the site's value. Besides many business model unknowns, Intermix was being investigated by New York Attorney General Eliot Spitzer for installing spyware and adware onto home computers unbeknownst to users.
While they'd agreed on a likely settlement in June, 2005, before the sale to News Corp., Intermix and Spitzer reached final settlement in the fall of 2005. According to the settlement, former Intermix CEO Greenspan—who left the company several years earlier—had to give up some $750,000 in profits. Intermix itself agreed to pay a $7.5 million settlement (see BusinessWeek.com, 5/5/05, "Spitzer's Spreading Spyware Net").
Many in the law profession, in fact, view postacquisition shareholder suits with a critical eye. "It's become more prevalent in the past few years to file a lawsuit almost immediately after a deal, [whether there are grounds for that or not]," says David Lipkin, a partner in the M&A group at the law firm of Cooley Godward Kronish, which helped eBay (EBAY) acquire hot Web property Skype. "It's become sort of a cottage industry."
Still, the bad news for News Corp. is: "It's very hard to get this type of lawsuit dismissed, to prevent them from going to trial," Lipkin says. Most companies end up settling the suits, with shareholders maybe getting a small sum and lawyer fees, he says. How the MySpace cases will play out remains to be seen. But they certainly promise to be a headache for Murdoch & Co. in the months to come, even as MySpace continues to grow and flourish.


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A Killarney retailer has confirmed that it has entered a period of consultation with staff about the proposed closure of the store.
Homebase which describes itself as a home enhancement retailer employs up to 30 people in the Killarney outlet.Homebase has been operating in Deer Park Shopping Centre in Killarney for 9 years.
In the financial year to February 2015, Homebase sales were 1.5 billion pounds and it employed some 17,000 people across the business.
The retailer has 279 stores throughout the UK and Ireland, 13 of which are based in the Republic.
A statement from the company says staff in Killarney have been informed and they will be working with them over the next few weeks to support them as much as possible.


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Within a day of its debut flight between Shimla and Delhi, the discounted Rs 2,036-tickets under a government scheme subsidising air travel on short sectors had been booked on the route till.. Deccan Herald
The Reserve Bank had "kept ready" a reasonable stock of new Rs 500 and Rs 2,000 notes before the announcement of demonetisation on November 8 by Prime Minister Narendra Modi. DNA Also reported by •Zee News
Malda (West Bengal), Feb 16 (ANI): The National Investigation Agency (NIA) arrested Umar Farooq alias Firoj, a 21-year-old resident of West Bengal's Malda in connection with a two-year-old fake.. Source: News unlimited -
"Farmers in a village situated in Madhya Pradesh have received newly printed Rs 2,000 notes without Mahatma Gandhi’s image printed on them and they are not fake.
According to the Times of.. Source: nnis News English -
Sheopur, Madhya Pradesh, Jan 05 (ANI): At a time when there's a growing voice against black money, two farmers in a remote village in Madhya Pradesh's Sheopur were handed Rs. 2,000 notes.. Source: News unlimited -
Sambhal (Uttar Pradesh), Dec 22 (ANI): Two person were arrested with Rs 20,31,500 in Chandausi of Uttar Pradesh's Sambhal district on Wednesday. The new currency notes worth rupees Rs 16 Lakh have.. Source: News unlimited -
Birgunj, Nepal, Dec 17 (ANI): Not only Indian residents but the people of Nepal are also hit by the inconveniences caused by demonetisation imposed by the Government of India. Nepali men and women in.. Source: News unlimited -
An unidentified man on Monday night duped a city-based jeweller of one kg gold by giving him a bag containing Rs 33 lakh that had only colour xerox photocopies of Rs 2,000 notes.
The victim Dinesh.. Deccan Herald
Earlier today, LG launched the G6 in India for Rs 51,990. The smartphone will go on sale starting April 25 exclusively on Amazon India. As an introductory offer, LG is offering 50 percent discount on.. BGR India
One of the Samsung Galaxy S8 competitors has finally made its way to India. Unveiled first at Mobile World Congress earlier this year, the LG G6 is priced at Rs 51,990. The flagship smartphone will be.. BGR India
Multiplex operator Inox Leisure is planning to add 50 screens each year as it eyes a revenue of Rs 2,000 crore in the next three years, a top company official has said.
"On an average, we are trying.. DNA
While Shapoorji Palanji and Larsen & Toubro have been accorded the work for the Naigaon and NM Joshi Marg BDD chawls' redevelopment projects, two Chinese firms have shown interest in the Worli BDD.. DNA
KASofficer KMathai has written to Chief Minister Siddaramaiah stating that he is being harassed by his senior officers and that an "independent accountability commission" be constituted to enquire into.. Deccan Herald
LG yesterday confirmed that it will be launching its flagship, the G6 in India on April 24. The smartphone is now up for pre-orders on LG’s official website. LG had begun pre-registrations for the G6.. BGR India
With a day left for campaigning for the municipal polls in Delhi, leaders of various political parties, including the AAP, BJP and the Congress, on Thursday stepped up their efforts to woo voters.. Mid-Day
The city-based Deonar abattoir, one of the biggest slaughter houses in the country, has started generating power by using the waste of the slaughtered animals, its official said on Thursday. In the.. Mid-Day
According to SP GRP Bhopal, TK Vidyarthi, seven accused have been arrested and a gold chain and Rs 2,000 that they robbed from Guneshwari Devi, who was thrown out of the moving Samta Express, have been.. India Today
Lack of adequate embossing or engraving on the new Rs 500 and Rs 2,000 notes makes it difficult to differentiate and recognise them for someone with impaired eyesight, said an official of National.. DNA Also reported by •Deccan Herald
Sukesh Chandrasekhar, who was arrested in connection with an attempted bribery of Election Commission officials, had promised T T V Dhinakaran to use his "influence" to settle the party symbol issue in.. Deccan Herald


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Ilana Kessler and Drew Reminick, both 29, of Oceanside, allegedly sold stolen property on eBay and other websites
MINEOLA, N.Y. – Acting Nassau County District Attorney Madeline Singas announced the arrest of an Oceanside couple for participating in a scheme to steal thousands in merchandise and shipping costs from a Syosset online retailer and selling the company’s goods and services as if they were their own.
Drew Reminick, 29, was arrested today and arraigned on charges of Grand Larceny in the 2nd Degree (a C felony) and Scheme to Defraud in the 1st Degree (an E felony) before Nassau District Court Judge Paul Meli, who set bail at $5,000 bond or $2,500 cash.
Ilana Kessler, also known as Ilana Kessler-Reminick, 29, was arrested and arraigned on March 19 on the same charges before Nassau District Court Judge Darlene Harris, who set bail at $5,000 bond or $2,500 cash. Both defendants are due back in court on April 24
If convicted of the top charge, the defendants each face a maximum sentence of five to 15 years in prison.
“Retailers rely on their employees to be honest ambassadors of their company to the customers that keep them in business,” Acting DA Singas said. “When employees attempt to capitalize on that relationship for their own personal gain, everyone – including customers, fellow employees and business owners – is hurt by their criminal conduct.”
Acting DA Singas said that ArmorMount LLC, an online store located in Syosset selling flat panel television wall mounts, employed Kessler in a contracted sales management capacity. From 2012 to 2014, with the assistance of her husband, Drew Reminick, Kessler allegedly stole merchandise from her employer during the course of her employment. The couple would then sell the stolen items through multiple methods, including on eBay.
After discovering a series of illegitimate transactions and thefts, ArmorMount filed a complaint to the DA office’s Criminal Complaint Unit.
The DA office’s subsequent investigation showed that a substantial amount of transactions were fulfilled using merchandise stolen from ArmorMount, for which the retailer was also billed for shipping, resulting in over $200,000 in losses.
Assistant District Attorneys Brian Heid and April Montgomery are prosecuting the case for Acting DA Singas’ Economic Crimes Bureau. Kessler is represented by Kyce Siddiqi, Esq.; Reminick is represented by David Mirsky, Esq.
The charges are merely accusations and the defendants are presumed innocent until and unless found guilty.


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December 1, 2012 |
MEERUT: The festive season did not turn out to be as festive for Meerut-based textile manufacturers. These are cloth manufacturers and not ready-made garment makers. While most of them have witnessed an ebb in demand, many are now pinning hopes on the New Year and the marriage season to revive their fortunes. According to them, the reason is changing fashion preferences in the way people dress up these days. "The dressing style has changed dramatically in last five years," said Bundu Khan Ansari, director of B K Textile, a 20-year-old company is based out of Ahmednagar area in Meerut.
December 6, 2010 |
AHMEDABAD: For North Indian women customers who prefer flared Patiala salwaar suits, Arun Sirdeshmukh is a new friend. The chief executive of Reliance Trends recently increased the length of the garment retailer's ready-to-stitch salwaar suits by one metre in north Indian markets. He has also lined up a battery of in-house tailors across the country to stitch garments 20% cheaper than any other tailor in the neighbourhood. Sirdeshmukh has altered the way Reliance's apparel fashion arm functions this year, soon after he started studying Indian anthropometry (physique)
March 22, 2011 |
NEW DELHI: Bowing to demand from all quarters, Finance Minister Pranab Mukherjee on Tuesday announced withdrawal of the proposed 5 per cent service tax on airconditioned hospitals with more than 25 beds and on diagonistic services. He also provided some relief to readymade garment manufacturers by raising the abatement available for levy of taxes on retail price of some branded garments and textile made-ups. "The purpose of the new levy (healthcare)
August 15, 2008 |
Kishore Biyani, CEO of Future Group During my final year of graduation at my college in South Mumbai, I started spending a lot of time observing what my friends were wearing and how they dressed up. My father and uncles were involved in dealing with fabrics at the nearby Kalbadevi market. But at college I realised that I was being witness to a revolution. Earlier people dealt in 'fabrics'; in the new era, it was called 'fashion.
May 15, 2003 |
BANGALORE: Clothes maketh a man. And the Indian man, especially the one in the employ of India Inc, is getting conservative in what he chooses to wear. A trend that has led to the resurrection of the good-old formal suit: combinations are out, so are the ubiquitous blue blazers. May be it has to do with the demise of dotcoms and, with them, the whole culture of dressing down, but the fact is: suits are in. Both Raymond Apparels and Madura Garments ? two of the country's largest suit-makers ?
October 23, 2014 |
MUMBAI: The Indian equities market has been on a roll and has rallied nearly 25 per cent since last Diwali . The improving macros and hopes of reforms from the new government attracted foreign institutional investors. India has already received $9.8 billion in the current fiscal and seems to be on track to record its highest ever inflows. "Though volatility is expected to prevail on the global front as central banks across the globe recalibrate liquidity levels, India, with its higher growth rate and least political instability among major emerging markets, will remain in a sweet spot and continue to attract global investors," said ICICI Securities report.
October 20, 2014 |
We have collated a list of ten trading ideas, from different experts, which can give up to 98% return in the next 12 months or by next Diwali: Analyst: Rahul Shah, Vice President -Equity Advisory Group, Motilal Oswal Securities DCB: Target price set at Rs 110 DCB's new management restructured its balance sheet, improved underwriting standards with more focus on secured loans and other stringent criteria for...
February 10, 2005 |
Software applications for the corporate world can be developed independently such as finance, HR, manufacturing and then integrated. The alternative approach is to have an ERP solution such as SAP, PeopleSoft or Oracle implemented in the enterprise. While the first approach would allow organisations to develop exactly the kind of software required, choosing an ERP solution offers the convenience of quicker deployment of a readymade solution with some customisation. Chinar Deshpande, CIO, Pantaloon Retail says that the issue between homegrown software and a readymade ERP always crops up. Should one go for home developed software or should one change business processes or tweak the software according to the needs of the organisation.
July 13, 2011 |
MUMBAI – Shares of Readymade Steel slipped lower after listing at Rs 115 per share against issue price of Rs 108 on the BSE. The company provides ready-to-use steel for construction activities to the infrastructure industry. The stock was at Rs 78.40, down 27.40 per cent on the BSE. It touched a high of Rs 117.75 and low of Rs 77 in trade so far. It plans to use the proceeds for part financing expansion of existing facility at Khopoli, Maharashtra and setting up of new facilities near New Delhi and Raipur . Readymade Steel had raised Rs. 34.75 crore through the IPO.
May 28, 2003 |
MUMBAI: Branding of garments, particularly children's readymades, are growing at a rapid pace. "Children's readymade garments comprise the largest consumer segment of 37.5% and have grown by 20% in the last one year, denoting the tremendous potential of brandedwear in this segment in India", said Ms Smruti Shah, director, Power Clothing Co. The company manufacturing ready-made clothes at facilities in Mumbai and Chennai having a combined capacity...


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With Brazil’s national auto policy finalized, BMW has decided to go ahead with plans for an assembly plant in the country.
With sales of BMW cars up since 2009, a local factory seemed like a solid idea. But an import levy that added 30 percent to the price of a new car threatened to derail the project as late as December, 2011. According to Reuters, the Brazilian government and BMW are reportedly in talks to hammer out details regarding local parts content, and how much of it will qualify the cars as “Brazilian made”.
In the past, BMW had discussed assembling cars via CKD kits, which could allow them to test out local production without incurring significant financial risks. BMW uses local production of CKD kits in markets like Thailand, Russia, and India to produce the 3,5 and 7-Series cars for those markets.


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Philips signs Ranbir Kapoor as brand ambassador
After lighting up millions of hearts, Ranbir Kapoor is now set to light up spaces. Philips, India's leading Lighting company has signed up the Bollywood actor as its brand ambassador.
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Danchuk MFG Launches New Web Design
Danchuk Manufacturing, Inc., the world’s largest manufacturer in the 1955,1956 and 1957 classic Chevy restoration industry, unveiled its new responsive website, http://www.danchuk.com, which enriches the online shopping experience by delivering full content and functionality across all devices.
Since the initial launch of their website in 2008, online consumers have become more savvy, less patient and have a wide range of technology now to consume web content. As mobile and tablet use continues to skyrocket, it is essential that consumers be able to access all of the website's features across multiple devices – desktop, tablet and smartphone.
“When we set out to redesign our website we wanted to be sure that it would give all our customers the best possible shopping experience no matter what platform they choose to visit our site on” said Brian Danchuk, Information Technology Director at Danchuk.
To create a truly seamless shopping experience across desktop and mobile devices, the new site was built with Responsive Design methodology. Since launching their first version of Ecommerce in 2003, BirdDog Software has continued to utilize innovative technology and delivers features and functionality which make it a true, top-shelf platform. Currently on Version 9.6, BirdDog Software is the name to know when looking for a seamless, integrated, Ecommerce technology.
"By using Responsive Design, we were able to guarantee that we would have a website that will meet our standards, our customers’ needs and keep us moving forward embracing the technology we have now as well as that to come. Utilizing the resources provided by BirdDog Software we know our Ecommerce site will meet our needs for years to come.“ commented Bill Roche, Marketing Director at Danchuk.
Consumer research also found that consumers in the classic car restoration industry are making more and more of their part and accessory purchases online. Choosing to further ingrain their footprint in the industry, Danchuk now has a website that will not only make it easy for their customers to conduct business with them online, but it will also allow them the convenience to do it from any place and with any device... As a result, the new website delivers the robust online experience consumers are expecting with new features such as Saved Cart, which allows consumers to shop as their schedule permits, completing their purchase when they have the time, document management and more.
"This new website is a positive step forward for Danchuk Manufacturing, Inc., and we are very proud that together we were able to develop an enhanced online experience for both Danchuk future customers as well as their valued, existing customer base," added Jeremy Moberly, BirdDog Software VP Sales.


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Appel Elektronik Electronics Production | October 19, 2010
Europe to focus on higher margin products
Major ODM and EMS companies recognize the strategic imperative of selling, designing, and manufacturing in Central and Eastern Europe to serve customers in Europe, the Middle East, and Africa.
Furthermore, to meet customer demands, these companies are maintaining a regional manufacturing presence, which is increasingly viewed on a broader European scale as manufacturers take advantage of lower costs in Central and Eastern Europe. Factors such as rising wages in China tip the balance for some products to in-region manufacturing when considering costs and time for logistics, managerial travel, and communications, and other factors including environmental and social responsibility and risk management. The European Union has become the world’s largest economy and the global recovery is off to a stronger start than anticipated earlier but is proceeding at different speeds in the various regions. In most advanced economies, the recovery is expected to remain sluggish by past standards, whereas in many emerging and developing economies, activity is expected to be relatively vigorous, largely driven by buoyant internal demand. In the period to 2014 the focus will continue to be on higher margin products in key sectors such as medical, industrial, aerospace & defense, renewable energy, high-end communications and computing. Automotive, as it recovers from the almost unprecedented decline in vehicle production, will once again be a key driver in particular in certain countries such as Germany.


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You do not want THIS extra topping.
Two specific batches of its Delissio frozen pizza are being recalled because they may contain bits of glass.
Nestle says the glass may be from spinach that was a common ingredient in the two types of pizza.
Nestle Canada says it’s recalling one batch of “Vintage Tuscan Style Chicken” pizza and one batch of thin-crust pizza with tomato and spinach, both under the Delissio brand name.
There was a best before date of Nov. 12, 2016.
There have been no complaints registered from Canada.


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Kendall Jenner’s company has been sued for using pictures of iconic rap legends Tupac, Biggie and Redman to hawk her shirts.
TMZ reports that famed photographer, Al Pereira filed a new lawsuit against Kendall Jenner, Inc., claiming she had no right to take the image he shot of the 3 rap legends and slap it on a shirt with her face superimposed.
Kendall has been under the fire for the t-shirts. She has already been sued by another photog who took a pic of Tupac, and Biggie’s Estate also threatened suit if she didn’t back down.
Kendall has taken the shirts offline, but that’s clearly not good enough for some of the photogs.


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Amanda Hocking is giving away the first book in her “Hollows” series on Kindle.
RITA award winning author Nikki Burnham releases “Shot Through the Heart” – her digital first young adult romantic comedy novel.
The Wall Street Journal adds an eBook bestseller list to their weekend edition. (Both an eBook only list for fiction and nonfiction and a separate list that combines eBooks and paper books.)
AAP reports eBooks are standing strong at 20 percent of reported trade sales.
Around the blogosphere
Andrew Shaffer says “quit bitching about eBook prices, you damn cheapskates!”
PJ Hoover talks “marketing madness”
Barry Eisler addresses the fear of an Amazon monopoly


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Gü senior leadership team including CEO Pete Utting, CFO Dom Dosanjh and Chief Supply Chain Officer Bertille Gleize with RB Director Seán Mckirdy visit the new ISO7 (clean room) production plant currently being constructed.
Gü Indulgent Foods Limited have partnered with RB to deliver a new advanced manufacturing facility to create patisserie inspired indulgently layered desserts.
This new plant is part of a multi-million pounds investment in the Gü Bishops Stortford site.
The new plant includes the latest advanced technology and will enable GU to continue to innovate and bring the most irresistible chilled treats to consumers around the world.
The new facility will significantly increase the production capability of Gü as they continue to accelerate growth in the countries they sell in.


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24 Feb 2021
Fresh for 2021: Beko revamps UK website
Beko has unveiled a refreshed version of its UK website (beko.co.uk). Using a vibrant, consumer friendly design, the eye catching and easy to navigate website spotlights Beko’s most innovative technologies and appliances across all product categories, effectively communicating the brand’s core values of aspiring to live a healthier, happier life.
Customers, new and old, should have no problem finding the website thanks to Beko’s SEO strategy making the website highly visible on search engines. The latest version of the website has a flexible design, that is optimised for mobiles, as well as tablet and desktop, providing users with a great experience across a multitude of different screen sizes.
Streamlining time spent navigating the website, browsers will now be able to utilise the ‘mega navigation’ function that directs consumers to exactly where they want with as little clicks as possible. That, together with the user-friendly product filters, easy to scroll product grids and streamlined product pages provides an improved consumer experience to visitors. Hero products in each range are now clearly highlighted, making it even easier for customers to find the best appliances Beko has to offer.
In addition to Beko’s product offering, the newly refreshed website highlights the history and the standout credentials of the brand, such as sustainability, CSR, partnerships, and pioneering technology, as well as the latest news and awards. Offering consumers even more insight into the leading home appliance brand.
Keval Shah, Head of Marketing at Beko UK & Ireland, said:
“It’s brilliant to be starting 2021 with the reinvigorated website. At Beko, we’re always ensuring the consumer experience is at its best, making consumers’ lives easier, so our digital platforms are no exception. As more of us are shopping online than ever before, making our website as engaging and user-friendly as possible was our top priority when developing our website experience. ”
“The website’s support section now provides users with everything from helpful guides on everything from where to locate appliance model/serial numbers to appliance manuals and informative how-to videos. We have also incorporated video backgrounds, animated and interactive elements, and relatable friendly imagery within this latest design to engage users, while also giving consumers an insight into the company behind the appliances. Ultimately, delivering a web experience that we’re all really proud of.”
Latest News Articles
4th December 2023
Beko plc’s parent company, Arçelik, secures inclusion in the Dow Jones Sustainability Index
We are proud to announce that our parent company, Arçelik, have received the highest CSA score in their sector in the 2023 S&P Global Corporate Sustainability Assessment for the 5th consecutive year.
10th October 2023
Beko plc Unveils Exciting Leisure Range Cookers Brand Evolution
Experience the vibrant transformation of our brand and discover the stylish and aspirational world of Leisure.
19th September 2023
Embracing a Circular Economy: Beko plc's Sustainable Journey
Embracing the circular economy, Beko plc are paving the way for a sustainable future through recycled materials and appliance repairs.


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Your first look at Ostwald Helgason’s Aldo Rise collection for Spring 2014
Continuing with its cool kid associations, Aldo has announced its latest Aldo Rise collab with Ostwald Helgason for Spring 2014. The collection will feature sure-to-be amazing shoes and for the first time, a complete range of handbags as well. Heyo!
For those who aren’t familiar with the label, Ostwald Helgason is the witty brainchild of London-based duo Susanne Ostwald and Ingvar Helgason. The label’s geometric cuts, book-binder hues and exacting stripes have made fashion week fans of street stylers Miroslava Duma and Natalie Joos as well as Solange, who wore the label to her performance in Toronto last fall. “Ostwald Helgason has been on our radar for about two years now. Their subversive use of colour and pattern, the luxe yet effortless quality of their design sensibility, and the mash-up of fine art references with modern technology translates beautifully to footwear – so beautifully in fact, that we had to do handbags as well,” said Aldo’s creative director Douglas Bensadoun via press release.
If the sketches above are any indication, we’re sure this is going to be one covetable collab. Stay tuned to see the collection in action at Ostwald Helgason’s Spring 2014 fashion show in New York on September 7 and in London on September 13.