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GameStop’s tough 2019 continues: the video game retailer posted a dismal Q3 earnings report in which net sales sank 25.7% to $1.4 billion and comparable sales dipped 23.2%. In the morning after the report’s release, GameStop stock plummeted as much as 19.6%.
The company has been on a downward spiral in recent years as fewer shoppers buy physical copies of video games, whether in stores or online, instead opting to buy them digitally through their consoles. In the quarter, GameStop saw a net loss of $83.4 million, compared to net losses of $488.6 million in Q3 2018.
GameStop is operating within the tail end of the current gaming console lifecycle, in that most shoppers aren’t buying consoles until the next generation of hardware from Microsoft and Sony is released in late 2020. George Sherman, who landed the CEO role at the troubled retailer in April, said on a conference call that the current console cycle has entered a “commoditization phase,” which means cut-rate pricing to entice bargain shoppers. Reflecting this lifecycle:
- New hardware (gaming console) sales decreased 45.8%;
- New software (video games) sales decreased 32.6%;
- Accessories sales decreased 13.4%;
- Pre-owned video game sales declined 13.3%; and.
- Collectibles sales increased 4.3%.
The weak growth in the collectibles category is not a good sign, since GameStop has leaned on collectibles to bolster its in-store experience, especially as the retailer seeks to become more of a cultural hub for gamers. In Q2, collectible sales increased 21.2%.
Additionally, while sales of pre-owned video games are still GameStop’s largest source of profits, sales in that category have seen double-digit declines for the last six consecutive quarters.
The companyannounced a “reboot” of its business in September to save costs, with plans to close between 180 to 200 underperforming stores by February 2020. GameStop currently operates 5,600 stores in 14 countries.
Despite an updated outlook that tracks the retailer to see comparable sales declines in the “high-teens” instead of the initially projected “low-teens,” GameStop remains on track to achieve its $200 million annualized operating profit improvement goal by 2021, largely due to the cost cuts.


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Samsung reveals Simband and Sami health platform
Samsung has unveiled a prototype wristband that can be fitted with third-party sensors to gather a range of health data about the wearer's body.
It also discussed plans to store and share the information to offer insights to both the user and researchers.
The Simband device and Sami (Samsung Architecture Multimedia Interactions) platform were announced at a press event held in San Francisco.
The BBC's Richard Taylor spoke to Samsung president Young Sohn about the product.
29 May 2014

domain: news


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(Reuters) — iPhone chip supplier Qualcomm faces a fresh set of antitrust allegations from a group of four companies that assemble the iPhone and other products on behalf of Apple. Foxconn parent Hon Hai Precision Industry, Wistron Corp, Compal Electronics, and Pegatron Corp alleged that Qualcomm violated two sections of the Sherman Act, a U.S. […]
NYS Entity Status
NYS Filing Date
JANUARY 30, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - HORIZON CONTRACTOR & DESIGN CORP
Around the Web
- 4 Apple contractors accuse Qualcomm of antitrust violations
By Reuters - Wednesday Jul 19, 2017
- Lexus, 'Interview Magazine' Offer NY Fashion Week Interactive Experience
Friday Sep 8, 2017
"For Lexus, as in fashion, there is a mutual appreciation for luxury, craftsmanship, design and attention to detail," Lexus' Greg Kitzens tells "Marketing Daily."
- Marine Corps Plane Crash: The Victims
By THE NEW YORK TIMES - Thursday Jul 13, 2017
Family members and friends have begun identifying many of the 16 American service members who died on Monday when their plane crashed in rural Mississippi.
- Horizon Partners With SpokenLayer For Voice Activated Capabilities
Thursday Oct 19, 2017
Under the agreement, Horizon will now offer clients voice-enabled experiences on platforms including Amazon Alexa, Google Home, Apple HomePod, as well as future smart speakers.
- By Design: The New Wave in Floral Arrangements
By LINDSAY TALBOT - Thursday Aug 31, 2017
For the most innovative designers working today, form is just as important as flora.
- Oakland woman sues Job Corps operator in disability discrimination claim
By Bob Egelko - Friday Oct 6, 2017
An Oakland woman sued her former employer, a federal contractor that operates Job Corps centers nationwide, for disability discrimination Thursday, saying the company refused to let her use a cane after a knee injury and then fired her because she couldn’t stay on her feet for eight hours. When Martha Daniels returned from a medical leave for knee surgery, she told her supervisors at Adams and Associates that her doctors had recommended no more than three hours of standing or walking in a workday, Daniels said in her lawsuit, filed in federal court in San Francisco.


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It is a known fact that Qualcomm and MediaTek are the leading mobile chip companies in the world. Apart from HUAWEI HiSilicon, Apple, and Samsung, there’s also another player called UNISOC. This company’s chipsets are mostly found in entry-level smartphones sold in developing countries.
But earlier this year in February, the Chinese chipmaker UNISOC (formerly Spreadtrum) announced Tiger T7520 as the world’s first 6nm EUV 5G SoC for smartphones. Later in June, news broke out this chipset will enter mass-production in 2020 itself, and handsets powered by it will release in early 2021.
Now, months later, Zhou Chen, the Executive Vice President of UNISOC revealed in an interview (via Sina Tech) that smartphones featuring Tiger T7520 chipset will be mass-produced next year. But he did not say when and hence, we are not sure if these devices will release in the first half or second half of 2021.
Anyway, to know the complete specs and features of UNISOC Tiger T7520, do read our announcement coverage from nearly seven months ago.
ALWAYS BE THE FIRST TO KNOW – FOLLOW US!


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Columbia Partners L L C Investment Management boosted its position in shares of Illinois Tool Works Inc. (NYSE:ITW) by 43.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,456 shares of the industrial products company’s stock after acquiring an additional 7,116 shares during the period. Columbia Partners L L C Investment Management’s holdings in Illinois Tool Works were worth $3,913,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Advisors LLC increased its stake in Illinois Tool Works by 988.9% during the fourth quarter. Legacy Advisors LLC now owns 686 shares of the industrial products company’s stock valued at $114,000 after acquiring an additional 623 shares during the period. Santori & Peters Inc. bought a new position in Illinois Tool Works during the fourth quarter valued at about $121,000. Jackson Grant Investment Advisers Inc. bought a new position in Illinois Tool Works during the fourth quarter valued at about $130,000. WFG Advisors LP increased its stake in Illinois Tool Works by 24.7% during the second quarter. WFG Advisors LP now owns 812 shares of the industrial products company’s stock valued at $116,000 after acquiring an additional 161 shares during the period. Finally, Valeo Financial Advisors LLC bought a new position in Illinois Tool Works during the third quarter valued at about $130,000. Hedge funds and other institutional investors own 74.41% of the company’s stock.
Several equities analysts recently issued reports on the company. Citigroup boosted their price target on Illinois Tool Works from $192.00 to $202.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Bank of America started coverage on Illinois Tool Works in a research note on Monday, December 11th. They set a “buy” rating and a $190.00 price target on the stock. BMO Capital Markets lifted their price objective on Illinois Tool Works to $180.00 and gave the company an “outperform” rating in a report on Wednesday, December 6th. Zacks Investment Research downgraded Illinois Tool Works from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on Illinois Tool Works from $160.00 to $168.00 and gave the company a “neutral” rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $177.18.
Shares of Illinois Tool Works Inc. (NYSE:ITW) opened at $163.32 on Friday. The firm has a market capitalization of $55,077.66, a P/E ratio of 24.40, a price-to-earnings-growth ratio of 2.07 and a beta of 1.18. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.98 and a current ratio of 2.38. Illinois Tool Works Inc. has a 1-year low of $129.17 and a 1-year high of $179.07.
Illinois Tool Works (NYSE:ITW) last announced its earnings results on Wednesday, January 24th. The industrial products company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.62 by $0.08. The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.54 billion. Illinois Tool Works had a return on equity of 48.42% and a net margin of 11.79%. Illinois Tool Works’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 EPS. equities research analysts predict that Illinois Tool Works Inc. will post 7.71 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 10th. Stockholders of record on Friday, March 30th will be issued a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Wednesday, March 28th. Illinois Tool Works’s payout ratio is currently 64.20%.
In other news, insider Harold B. Smith sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $166.43, for a total value of $4,992,900.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Roland M. Martel sold 64,818 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $167.41, for a total value of $10,851,181.38. Following the completion of the transaction, the insider now directly owns 26,222 shares in the company, valued at $4,389,825.02. The disclosure for this sale can be found here. Insiders sold a total of 113,468 shares of company stock worth $19,163,781 over the last three months. 0.90% of the stock is owned by company insiders.
TRADEMARK VIOLATION NOTICE: “Columbia Partners L L C Investment Management Raises Position in Illinois Tool Works Inc. (ITW)” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this article on another publication, it was illegally copied and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/23/columbia-partners-l-l-c-investment-management-raises-position-in-illinois-tool-works-inc-itw.html.
About Illinois Tool Works
Illinois Tool Works Inc is a manufacturer of industrial products and equipment. The Company operates through seven segments. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Food Equipment segment offers commercial food equipment. The Test & Measurement and Electronics segment produces test and measurement, and electronic manufacturing and maintenance, repair and operations (MRO) solutions.
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McALLEN — There’s a counter at de Sanchez Salon and Day Spa covered in stacks of index cards.
The cards go back years, detailing what sort of product and coloring customers received, when they dropped in and how long it took to color and fix their hair.
David and Dora Sanchez, the owners, have been busy organizing these cards so they can use them to put together coloring kits for their customers, with product and shampoo and instructions on how to use them.
As the Sanchezes found out last month, the government might consider salons and barbers to be non-essential, but their customers do not— especially when their roots start to show.
The Sanchezes’ salon is one of many retailers allowed to reopen Friday in a curbside capacity. They brought employees back to the store for the first time in weeks to begin doing inventory, filling orders and preparing themselves for the day they’re finally allowed to open again.
McAllen Chamber President Steve Ahlenius said steps like those are some of the first stages of turning the economy on again. While curbside services won’t make up for a lack of customers physically entering businesses, he called the step a “psychological boost.”
“I think it’s a good first step towards rolling out and restarting the economy. I think the important thing is how we measure making sure that there’s not a spike or a hotspot as far as COVID-19, I think the cities and the county will watch that closely to make sure that nothing’s happening,” he said.
To avoid that, municipalities and the county have rolled out a host of worksafe plans and regulations intended to keep employees and customers safe while throwing the business community a lifeline. Businesses that want to operate curbside or on a delivery basis are being instructed to sanitize meticulously, use personal protective equipment and socially distance themselves.
Some cities are requiring employers to screen their employees for symptoms of COVID-19; others are requiring businesses to avoid cash payments.
“There’s going to be certain things that businesses have to agree to do, not only to keep their employees safe but to keep their customers safe,” Ahlenius said.
Ahlenius believes that in the near future businesses will be allowed to switch to a more traditional model and let customers into their buildings.
“I think what most businesses want to see is for customers to be able to come back into their store; obviously social distancing is going to be critical. Those are the types of things that local small businesses really want to see happen, and hopefully they’ll happen in the next week or two weeks,” he said. “Obviously there are certain industries — barbershops, dentists, salons, where you’re in contact with your customers. I’m curious to see how the governor is going to allow that … how do you bring back those types of services where it’s close proximity. … Once we get to that phase of the reopening, then we’re back to whatever the new normal’s going to be.”
For business owners like the Sanchezes, there’s a good deal of ambiguity about precisely how that new normal will look. David said that while he intends to make health and safety a paramount concern during the process, he’s not sure what those regulations will mean for business.
“We’re concerned about how this is going to come out. Will they allow us to work with a 6-foot separation? Or will it be on how many are allowed in at a time,” David said.
To adapt to those policies, the Sanchezes expect to adjust their hours, possibly trying split shifts to reduce the amount of people in the building at the same time.
“It’s going to handicap our business, but we’ll make it happen, whether it’s split shifts or separate shifts,” he said.
Another point of ambiguity faced by the local business community is exactly when the economy will reopen again in a traditional sense and customers will be allowed to enter the building. As David points out, it’s difficult to begin filling a calendar with appointments if he doesn’t know what the start date will be.
“We’re all waiting, we’re all waiting,” David added anxiously. “All the staff is creating their list of clients.”
That ambiguity is compounded by the level of demand when businesses do fully open again. The Sanchezes expect to be a deluge of people in desperate need of a hairdresser when their business is allowed to let customers through the door again.
“Wahl’s is a good example,” David said. “They sold a lot of clippers the past four or five weeks and people are actually cutting up their hair at home. And that’s perfect, they’ve got to do what they’ve got to do, but if and when this is all over, they’ll come back so we can fix what they did at home.”
That demand could put stress on the vendors who supply local businesses as well.
“They too will be in the situation that we’re in, that they’re probably going to sell out all their color products and then they’re going to have a backlog,” he said.
One thing that David said has helped the salon navigate the economic crisis has been aid from the federal government. Through the Paycheck Protection Program, de Sanchez was able to put employees back on payroll and put them back to work. Other businesses weren’t as lucky. Carats, a jewelry and luxury goods store in McAllen, applied for assistance and was denied. They’ve since reapplied.
“Hopefully this one is coming through,” Carlos Melguizo, store owner, said.
To fill the void in revenue, Carats stepped up its online presence, which wasn’t a focus previously. The business began posting videos and pictures of jewelry and gifts.
“We’re trying to be as creative as possible. The saviour here was really the presence of social media, how we engage with a lot of our customers,” Melguizo said.
So far, Melguizo says, the community has responded and helped fill the gap in income created by closing the showroom and not getting federal assistance. One man ordered several candles. When asked what flavor he’d like the man said he didn’t care, he just wanted to support the business. Another woman bought a thousand dollar gift card; it was her anniversary, she said, and she hadn’t picked out any jewelry yet but she wanted to help.
“Most of our customers are friends, or friends of our customers,” Melguizo said. “Those little details, they’re kind of heart-wrenching, because this is when we needed them and they were there. So I’m feeling a little more optimistic.”
Ultimately, however, there’s no substitute for letting customers in the front door.
“Even when they see the jewelry online, it’s not the same. Once they put it on it may be too heavy, it may not be as flattering as it looks online. They want to smell our fragrances,” Melguizo said. “It’s a priority. They need to go into our store.”


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Europe is set to get its first free-to-air 4K channel this September, but don't get too excited. Instead of riveting sports action or slickly-produced Hollywood blockbusters, it'll show cubic zirconias and dehumidifiers. That's right, it's a shopping channel.
It's called Pearl.tv and is basically a German take on QVC. Not all that thrilling, admittedly, but it is still a milestone for the resolution, which has so far been restricted to demos at trade shows and a handful of programmes from Netflix and Amazon Prime Instant Video.
SES Platform Services will handle the satellite channel and online stream.
"We're delighted to be launching Europe's first free-to-air UHD [aka 4K] channel both via satellite and the internet," said Sophie Lersch, chief product officer for services at SES. "UHD places specific demands on workflows in the content management, playout and encoding sectors, an area in which we've gained a lot of knowhow over the past few years.
"As a result, we can now offer all services that broadcasters and content providers need in order to market and distribute their content in UHD – linear or on-demand, and via satellite or the internet."
Michael Sichler, managing director of Enstyle – Pearl.tv's parent company – added: "With the launch of Pearl.tv UHD, we're seeking to raise the quality of our product worlds to a whole new level. SES Platform Services is the ideal partner for the preparation and play out of our TV signal as it provides us with top-quality UHD services and maximum transmission security."
Pearl.tv will launch at the IFA trade show in Berlin on September 4th.
Somewhat more excitingly, BT Sport Ultra HD will launch in August, giving subscribers a selection of games from the Premier League and Champions League. However, you'll have to pay to receive it. BT hasn't said how much yet.


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Oasys, a newly-introduced EVM-compatible, multi-layered blockchain built by gamers for gamers announced its decision to finally and fully launch its Mainnet. Additionally, the protocol revealed three phases for the completion of the Mainnet launch after which a public token listing will follow. Currently, the first phase has been activated and is ongoing.
Prior to this time, Oasys engaged in an extensive year of strategic partnership development and was able to assemble the support of 21 top-tier validators and a range of game giants including Square Enix, SEGA, Ubisoft, Bandai Namco Research, and Netmarble. For the Oasys Mainnet ongoing first phase, the validators play a vital role.
As per the published statement, the 21 top-tier validators will start to take operations of all nodes and ensure that Oasys Layer 1, the Hub-Layer, can maintain stable performance. This first phase is expected to run for two weeks after which the second phase will run for another two weeks terminating on November 22nd for the third and final phase to commence.
For the second phase, both Oasys Layer 2 and the Verse-Layer, will be integrated on top of the established framework that Phase one utilized until it is stabilized. Once the stability of the Oasys Layer 2 and Verse Layer has been verified, the third phase takes over.
Beginning on November 22nd, Phase three begins with the integration of core components of the Oasys ecosystem for gaming performance and user experience, such as the Oasys-Hub, a portal interface for users to engage with.
Oasys Mainnet Launch to Transform the Blockchain
Daiki Moriyama, Director of Oasys, said: “The blockchain gaming ecosystem has grown rapidly over the past few years, reflecting an increasing appreciation of the value that projects such as Oasys have brought to the wider industry. However, now is not the time to reflect on past accomplishments, but focus on the exciting possibilities of the future.”
“The Mainnet launch is a significant step forward in creating a fully-functional, public-led gaming blockchain that will transform the gaming future and give extensive value to players and game developers alike,” Moriyama added.
A few weeks ago, a Japanese blockchain game company double jump.tokyo declared its plan to launch a SEGA-backed digital collectible card game on the Oasys HOME verse L2 network. Final Fantasy publisher Square Enix who is now one of the firm’s partners also teamed up with Oasys ahead of its launch later in the year.


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5G to bring "very big changes" to ICT industry, says ZTE COO
Xie Junshi, executive vice president and chief operating officer (COO) of Chinese telecommunications company ZTE Corporation, discussed a wide range of issues related to 5G and suggested that it could be a "social vaccine" during the ongoing Mobile World Congress (MWC) 2022 in Barcelona.
Chinese telecom giant ZTE estimates surging profit in 2021
China's telecom equipment maker ZTE saw notable year-on-year growth last year amid revenue increase in both domestic and overseas markets.
China's telecom equipment maker ZTE sees profit surge in Q1
Chinese telecom equipment maker ZTE said Wednesday night that it made net profits of 2.18 billion yuan (about 336 million U.S. dollars) in the first quarter of 2021, surging 179.7 percent year on year.
Commercial use of 5G SA network makes headway: white paper
Commercial use of 5G standalone (SA) network, an advanced stage evolved from 5G non-standalone (NSA) network, has made great headway, according to an industrial white paper, quoted by cnstock.com on Monday.
Opinion: Exclusion of Chinese 5G companies in Sweden hurts fair competition, consumers' interests
Banning Chinese 5G suppliers in Sweden will hurt the principle of fair competition and jeopardize the interests of Swedish consumers.
ZTE sees revenue growth in first three quarters
Chinese telecom equipment maker ZTE saw its revenue increase 15.4 percent year on year in the first three quarters, according to the company's quarterly report.
China's ZTE sees revenue surge in Jan.-Sept. period
China's telecom equipment maker ZTE saw its operating revenue surge 15.4 percent year on year to 74.13 billion yuan (11.11 billion U.S. dollars) in the first three quarters of this year.
China's ZTE sees revenue surge in H1 despite COVID-19 impact
Chinese telecom equipment maker ZTE saw surges in both operating revenue and net profit in the first half-year despite the challenges posed by the COVID-19 pandemic.
S. China's Guangxi inks strategic cooperation agreement with ZTE on 5G development
South China's Guangxi Zhuang Autonomous Region signed a strategic cooperation agreement with China's telecommunication company ZTE on Tuesday to jointly promote the 5G development and the building of digital Guangxi, reported by Guangxi Daily.
ZTE to assign to CNIT the management of the cyber security lab
The collaboration will be needed to create, organize and manage an independent technical committee of experts in the Cyber Security sector, aimed at supervising the technical and experimental activities for the analysis and check of the cyber security requirements on apparels.
ZTE, Italy is a strategic market in Europe
2020 will be the year of 5G for Italy with the massive launch of the first commercial services, emphasizes Hu Kun, president of ZTE Western Europe and managing director of ZTE Italia.
China's ZTE sees profit surge in Jan.-Sept.
Chinese telecom equipment maker ZTE reported a 156.9-percent rise in net profit in the first three quarters of the year.
Spotlight: China's ZTE helps Austrian partner build "dream network"
Chinese telecommunications equipment maker ZTE has been helping its Austrian partner build a "dream network," the CEO of a leading Austrian telecommunications provider said Wednesday.
China's ZTE user congress showcases 5G development
Chinese telecommunications equipment maker ZTE showcased 5G network development at the company's Global Wireless User Congress and 5G Summit here on Tuesday.
China's ZTE wins award for construction of Bangladesh's national data center
For its outstanding performance in the construction of the first Tier IV National Data Center (NDC) in Bangladesh, China's ZTE Corporation has won Data Center Construction Team of the Year award at DCD (DataCenterDynamics) Asia Pacific Awards 2019 Ceremony held in Singapore.
China's ZTE sees profit surge in H1
Major Chinese telecom equipment maker ZTE reported a 118.8-percent rise in net profits in the first half of this year.
ZTE and Chery ink deal to eye 5G application
Chinese telecom equipment maker ZTE Corp. has recently signed a strategic cooperation agreement with Chery Automobile in in Wuhu city, Anhui Province, according to the ZTE on Tuesday.
ZTE starts selling 5G smartphones
Chinese telecom equipment maker ZTE Corp. on Monday began the selling of 5G smartphones, the first 5G phone model that hit the market in China, the company said on its official Wechat account.
ZTE launches 5G smartphone pre-sale: newspaper
Chinese telecom giant ZTE Corp has announced that its 5G smartphones were available for reservation in China since Tuesday, China Daily reported Wednesday.
ZTE obtains 25 commercial contracts in 5G globally
Chinese telecommunications company ZTE Corporation said on Tuesday that it had obtained 25 commercial 5G contracts globally.
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You've Got to See Britney Spears's New Lob
Britney Spears has got a brand new lob! Last night, the star got a little scissor-happy, and posted the gorgeous, collarbone-skimming results to Instagram shortly after. Spears has been sticking to her mile-long layers over the past few months, but a few weeks back, she trimmed her hair into a style that hit just below her shoulders. Her summer trim agenda seems to be on schedule, and although the change is subtle, she's definitely working it. Check out her new 'do below, and click through our gallery to see even more celebrity hair makeovers.


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Business of Marijuana
The cannabis craze has sparked hopes for budding entrepreneurs looking to make it big in the potential multi-billion dollar marijuana economy.
I’ve noticed an emerging trend in the marijuana industry in Colorado. There are an awful lot of women running these businesses—whether it’s retail pot shops, manufacturing edible products infused with cannabis or running testing labs. At this week’s first-ever Colorado Cannabis Summit in Denver, the entire panel of local experts on safety and technology was …
Head up the road 60 miles northeast of Denver and you come to a place of cattle ranches and oil fields. In many ways, it’s like stepping into the Old West. And just like in the Old West, neighbors here don’t always see eye to eye. In the conservative farm town of Greeley, Colo. residents are leery …
As legalized marijuana sales take off in Colorado, here’s what a pot business model and mature marketplace might look like. Twenty states and the District of Columbia allow medical marijuana—and New York Gov. Andrew Cuomo announced a medical marijuana plan in his State of the State speech last week. But voters in Colorado and Washington state went a …
It looks like any other business conference—lots of suits, name badges, a long line to the buffet—except that the 700 people who each paid $599 to be in this conference hall south of Seattle are in an industry unlike any other: marijuana. “This conference is 100 percent focused on business,” said Chris Walsh, editor of …


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Netizency, a digital marketing agency in the Middle East signs a partnership agreement with Google My Business to facilitate the listing process of businesses on Google Maps and Search in the Middle East. The partnership will allow Netizency to locally verify business listings on behalf of Google, which significantly expedites the verification process.
Netizency has launched featuremybusiness.com, a fully automated service that offers companies complete Google Profile management including business listing, verification, content creation, and promotion.
With 3 out 4 online customers using a search engine to find a business, this new service is vital to all businesses as it literally puts them on the digital map. Businesses with a managed Google Profile drive 5 times more traffic and are seen as 2.7 times more credible than unclaimed profiles. By claiming and verifying their profiles on Google, businesses will be able to control and manage their business information as well as increase their visibility, making it easier for potential customers to find and contact them.
Established in 2013, Netizency is a GCC-born digital marketing agency designed to help companies better utilize the internet to improve their business. Netizency provides a wide range of digital marketing services, including digital strategic planning and consultancy, social media strategic planning, community management, content development, design, production and adaptation, analytics and reporting, social listening as well as digital media planning and buying. Some of the agency’s key clients include Lenovo Middle East, OSN’s Wavo, ENBD’s Liv., and Jotun among many others.
In addition to being a Google My Business partner, Netizency is a Google Premier partner, a LinkedIn content partner, a multi-Effie award winner, and part of the Google Agency Excellence Program.


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Although gas costs aren’t the price-gouging affair they were last summer, keeping precise track of your mileage always has its advantages. And when it comes to reporting mileage for expense reports or tax deductions, there’s no better way than the Trip Cubby iPhone app. Trip Cubby is a fully featured, yet cleanly designed, application that allows users to keep track of miles put on their car. Photo Credit: armintalic
As a flood of would-be ganjapreneurs looks to get into the weed business, the number of cannabis colleges is swelling to help them navigate the complex web of ever-changing regulations that govern the industry.


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Taiwan's Ma pledges greater effort to fix economy
TAIPEI (AP) - Taiwan President Ma Ying-jeou on Wednesday pledged greater efforts to fix the island's economy, as the island celebrates the 101st birthday of the Republic of China (ROC), its formal name.
Taiwan's economy is now seeing about a 2 per cent annual growth rate.
Mr Ma's speech offered a new strategy to deal with the economic challenge, including tightening commercial links with China, the signature plank of his presidency.
Over the past several months, Taiwan's key high-tech industry has been battered by slowing demand in Europe, North America and China, its main export market.


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A dedicated place to get a comprehensive economic update, Interactive tools and to voice your opinions. News pertaining to Markets, Corporates,... ...http://www.finalaya.com/News/India-to-identify-projects-worth-2-3bn-for-funding-by-AIIB-N475842.aspx
MTCR membership will enable India to deal in high-end missile technology. (File Photo - The Agni-5 Misslie) New Delhi: India on Monday joined an... ...http://www.ndtv.com/india-news/india-enters-elite-missile-tech-group-which-has-not-yet-admitted-china-1423876
New Delhi, June 27 (IANS) The journalism school of Jamia Milia Islamia has been rated as the best in India by a weekly after a countrywide survey.... ...https://in.news.yahoo.com/jamias-journalism-school-rated-best-india-081204044.html
New Delhi: India's failure to get into the exclusive Nuclear Suppliers Group (NSG) last week because of Chinese opposition could impede the... ...http://indianpowersector.com/2016/06/nsg-snub-may-derail-indias-bid-to-end-its-addiction-to-fossil-fuel/
After losing to Angelique Kerber in Melbourne and Garbine Muguruza in Paris, Serena Williams will be eager to make amends with victory in... ...http://www.firstpost.com/sports/wimbledon-2016-serena-williams-faces-tricky-ride-as-womens-tennis-enters-exciting-era-2857292.html
fnagri fashion week, fashion bars,...
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For the last few months, THQ has been doing really well, with releases such as Dawn of War II, Darksiders or Red Faction: Guerrilla, a game that was a bit of a mindless experience, but incredibly fun. And since we know it, the studio itself knows it as well, and is not afraid to show it. Speaking to IGN, Brian Farrell, the CEO of THQ
, looked at its company and its place in the gaming industry, and believes that giant publishers like Activision and Electronic Arts should be envious.
"On a performance basis and if you look at things like Metacritic and go back to last year, Red Faction, Darksiders, our Dawn of War
expansion, even MX launched at over 80, WWE, UFC -- that's better than almost anybody in the industry in terms of delivering quality," Farrell explained. "In some ways, we're outperforming some of those guys, but we'll let gamers decide. I've been doing this for more than 20 years. You can't fool gamers."
As for one of the myths that told about how THQ tended to be more friendly to the younger section of its fans, the CEO wanted to make it very clear that the publisher was in no way oriented towards a single age-market. "One of the things I think is a little misunderstood -- and this is one of the things that we need to get out in front of a little bit -- is that EA
, Activision, Ubi, and Take Two all do kids games and because we've done them so well, sometimes people associate us more with that," he said.
"But if you look at some of the things we've delivered to core gamers, I think the core gamers are actually really figuring it out now. Even some of the consumer feedback we've gotten on a game like Darksiders -- it's awesome. And then think about what we have coming in front of us. Homefront. The next Red Faction. The Warhammer 40K MMO. Saints Row 3. People can say what they want, but we've got a pipeline that I think those guys would be envious of -- and we're doing it internally."
And while there's no denying that the studio delivered great games, and will continue to do so, it looks like there's a bit of too much soul in it, and not enough business. While a good title, Darksiders barely managed to breach NPD's top ten last month and one of THQ's most promising upcoming games, Metro 2033, which will be out in just four weeks, isn't even mentioned by the publisher's CEO. The title has received little publicity, despite it being an absolutely superb
-looking game, with a very interesting story and a lot of exciting gameplay mechanics.


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Food ingredients and plastics manufacturer D&L Industries Inc. said it will beef up investments in research and development (R&D) to help consumers during the pandemic.
D&L president Alvin Lao said the company would use proceeds from a recent P5-billion maiden bond offering to complete a new manufacturing facility in Batangas, which boasts of cutting edge R&D and innovation capabilities.
“Having one of the most extensive R&D investments in the country, our customers, in many ways, see us as an R&D extension of their respective businesses. With our new facility coming online, they can expect more innovative business solutions and product offerings from us,” D&L president and chief executive Alvin Lao said.
“While times have changed especially with the pandemic, our company remains rooted in its core mission of dedicating itself to better lives with R&D and innovation as its main tool,” he added.
Lao said R&D, engineering, and chemistry have been the core of D&L’s business.


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If we take the aforementioned sectors, we can see it clearly: the production of household appliances had an upturn of 46.9%; consumer electronics 54%, mining exports 20; and the production of vehicles; 56.2%.
This anemic rebound also occurs in steel production, which will increase 4.8% in 2022 and had grown 31.5% this year. Construction in 2022 will have an improvement at a rate of 4%, and this year it had reached 30.2% and the production of pharmaceutical products, which in 2022 will increase by 4%, was halved from 8.9% in 2021.
The agricultural activity has heterogeneous perspectives: the sale of agricultural machinery will increase by 2.7 in 2022, contrasting with 14.4% this year and the sale of fertilizers will increase by 1.5 against 12.8 in 2021. Production Agricultural (valued harvest) remains stable in 2022 (+ 0.3%) against an increase of 28.4% in 2021, while soybean milling will grow 2.1% against 17.4% in the current year. On the other hand, wheat milling will have a better 2022 with 4%, recovering from the fall of this year (-3.9%)
A challenged macro and the challenges of technological disruption
Argentine industries are faced with the challenge of managing a double agenda: that of obstacles, with high short-term uncertainty reflected in top exchange rate pressure, declining reserves and growing expectations of devaluation; in a framework of long-term structural deterioration that raises the challenges.
And the other: that of the catalysts, with the acceleration and confirmation of a new path in consumer preferences, the acceleration of the sustainability agenda, changes in spatiality, and in the world of work that impose the need to transformation and provide opportunities to add value.
The latest bills sent to Congress try to give some guideline to guide the productive activity through these challenges: the proposed incentives are not clear and, in some cases (Law of Automotive Investments, Law of Containers and Law of Electromobility, among others ) confuse the current challenges with the need to grant a strategic perspective, coordinated with the companies and credible.
The economy enters 2022 with political weakness and a challenged macro, with the authorities forced to make some corrections (tariffs and fiscal deficit), high inflation and modest growth.
The normalization of face-to-face activities and revenge consumption put entertainment and hospitality as tractors of a recovery from skinny pockets (although the Omicron threat challenges those who depend on inbound tourism). “COVID restrictions” and super stocks with low dollar wages generate captive tourists and sustain indulgence consumption.
The interventionist bias provides opportunities for rapidly maturing spot investments and protects the market for sectors that are sensitive to imports. The sheet is short: restrictions on imports limit the development of some markets: they limit the diversity of models available, and give uncertainty in relation to some inputs.
Added to the import administration are the risks of the distortion of international value chains, with industries already affected by the chip and semiconductor crisis, as well as by cost pressure due to the increase in prices of diffused inputs: glass, plastics and steel, among others.
For those who depend on the National Budget, the signals are mixed. For public works, although the tenders are progressing at a good pace, payments are tense. On the tariff side, an average adjustment of 20% was announced that is not enough to compensate for the delay since the accumulated inflation in the last two years prevents a short-term normalization.
For oil and gas, the focus is on ensuring domestic supply, in the midst of a continuous discussion about the window of opportunity that Vaca Muerta has in the face of the acceleration of the electrification of transport and the energy transition. For oil, the differential is in the hands of those capable of exporting, although ensuring the Creole barrel. For gas, the Gas Plan is progressing favorably, even more so in a context of rising LNG prices worldwide.


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Why Millions Of Prescriptions Will No Longer Be Filled At Walgreens
To life's many small irritations, you might add filling prescriptions.
Starting this year, many Americans may be surprised to find that their local Walgreens pharmacy is no longer in their network. That's because of a contract dispute between the nation's largest drugstore chain and a company that manages prescriptions for health insurance companies.
To figure out if you're affected by the fight, look on the back of your insurance card. If it says Express Scripts, you can no longer fill your prescription at Walgreens or its affiliates like Duane Reade under your insurance plan.
Express Scripts is one of the nation's largest pharmacy benefit managers. These are companies that health insurers and others hire to negotiate prices for drugs and oversee prescription drug programs. Express Scripts' clients include the insurance giant WellPoint.
Express Scripts had been negotiating a new contract to keep Walgreens in its network. But Express Scripts spokesman Brian Henry says the pharmacy chain was asking for too much money.
"Their rates and terms would be as much as 20 percent more," Henry says, "and our clients aren't willing to pay that premium for basically the same service you can get at many other thousands of our pharmacies."
That's a charge that Walgreens adamantly denies. "We did not propose any increase in our rates," says Michael Polzin, a spokesman for the drugstore chain. "So there would not be any significant savings to Express Scripts clients for excluding Walgreens from their network. So it's really a situation of all pain and no gain for their clients."
Why can't the companies just get along? Sean Brandle, a pharmacy benefits consultant at the Segal Company, a New York-based employer benefits firm, says tussles between pharmacy chains and pharmacy benefit managers are pretty typical.
"There's like this dance, and at the end of it, normally what you expect is that some kind of deal is going to be struck," he says. "But I guess in this instance, it looks like they were just too far apart."
Brandle says he's surprised Walgreens would walk away from so many pharmacy customers and all that in-store foot traffic. Express Scripts says of the 750 million prescriptions it processed last year, about 90 million were filled at Walgreens.
Caught in the middle of this dispute is one of the nation's largest health insurance companies, WellPoint, and millions of its customers, like San Francisco resident David Forer. There's a Walgreens just down the street from his office, and he used to stop in weekly to pick up insulin for his daughter, who has Type 1 diabetes.
"They knew me on a first-name basis," Forer says, adding, "They would ask how she was doing. And now I can't go there anymore."
Forer has switched his family's prescriptions to a CVS pharmacy. But while CVS is a national chain, it doesn't have nearly as many stores in San Francisco as Walgreens does.
"I imagine there will be huge line ups," Forer says, "because there are very few CVSes, and so many people are going to have to switch to CVS. So this is a major inconvenience."
WellPoint says nationwide, there's another in-network pharmacy typically within a half -mile of a Walgreens. The insurer is trying to help its customers make the transition.
Pharmacy benefits consultant Brandle says there could be an upside to all the hassle. Brandle says Express Scripts should be able to negotiate steeper discounts with CVS and other pharmacies, since excluding Walgreens will mean more business for them.
Copyright 2023 Kaiser Health News. To see more, visit Kaiser Health News.


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BGaming's Collaboration with Artist Jay Kaes at SBC Summit Barcelona
BGaming, a prominent game studio in the iGaming industry, has announced a thrilling collaboration with world-renowned urban artist Jay Kaes. This artistic partnership is set to captivate the audience at the upcoming SBC Summit in Barcelona, taking place from September 19 to 21. As one of the largest and most eagerly anticipated gaming events, the exhibition will provide an ideal platform for this unique collaboration.
With an estimated attendance of around 15,000 industry professionals, the SBC Summit in Barcelona promises to be a hub of innovation and creativity. Attendees will have the exciting opportunity to immerse themselves in Jay Kaes' artistic interpretation of BGaming's popular game characters, including iconic figures from titles such as Book of Cats, Penny Pelican, and Elvis Frog.
BGaming's commitment to infusing artistry and creativity into the gaming world is evident through this collaboration. This marks the studio's third venture with prominent artists in 2023. Previously, BGaming teamed up with I AM EELCO to create exclusive artwork for iGB Live and collaborated with Thumbs for a special showcase at ICE London.
Prepare to be amazed as BGaming and Jay Kaes redefine the gaming experience with their innovative collaboration at the SBC Summit Barcelona.
Even though we can see such a collab as an interesting point, the main issue here that those 15,000 industry professionals help to scam the players. If you support BGaming, remember, that the RTP of such games can be lowered with no problem and like that the players are simply scammed.
HarrisJennifer3 Great Canadian Entertainment's move to launch an online registration system for their rewards program feels long overdue. In an era where digital experiences are the norm, it's surprising that they're just now catching up. It raises questions about their commitment to keeping up with modern trends.
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One of the most highest and moving vehicle fabricating organizations named Jaguar Land Rover India has dispatched its shiny new vehicle conveying the name of 2021 Jaguar XF in the Indian market and the producers dispatched the vehicle in the petroleum and diesel variation conveying the cost of Rs 71.60 lakh and Rs 76 lakh which is for the ex-display area in India. The new vehicle of the organization is directed independently in the R-Dynamic S trim with the choice of powertrain and furthermore accompanies complex shallow changes to its external and interior for keeping every one of the things current in the variation. The new release of the organization, Jaguar XF facelift is re-offered conveying the choice of a diesel motor which upholds the gentle half and half powertrain, that likewise in the numerous other brand’s vehicles like Audi A6, BMW 5 Series, Volvo S90 and Mercedes-Benz E-Class gentle crossover.
The recently dispatched vehicle of the organization named 2021 Jaguar XF accompanies smooth creative updates which are on the bigger front grille conveying a plan of stud-type with highlighting a chrome layout. The vehicle’s headlamps are additionally remodified which accompanies a J-shape flanked with the LED DRLs, then again, the front and back covers are likewise recharged for the 2021 model. Moreover, the back part has got moderate updates which is that a smoother LED back light framework that presently improves the derriere with a one of a kind plan and furthermore there is a change in the wheels which goes greater with chunkier composites.
In the inward of the vehicle, there is a one of a kind data and amusement touchscreen show of a 11.4-inch Pivi Pro which upholds the Apple CarPlay with the Android Auto. Aside from this, there is additionally an update in the stuff selector dial which comes in the organization of cowhide to give this a premium and illustrious feel and furthermore it accompanies a spic and span directing wheel alongside a group of computerized instruments with a remote accusing cushion of a PM2.5 air purifier and furthermore accompanies a cutting edge 10-shading encompassing lighting with the warmed and cooling capacity which is for the for front seats alongside the up front console.
Discussing the motor of the recently dispatched vehicle named 2021 Jaguar XF then it conveys the motor of a 2.0-liter Ingenium petroleum factory alongside a 2.0-liter Ingenium diesel motor which is connected with a gentle mixture game plan and these motors convey the pinnacle toruqe of 365Nm and 430Nm with a most extreme force yield of 247bhp and 201bhp. The transmission of the vehicle is overseen by a 8-speed programmed transmission. Stay tuned with us.


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Natural ingredients aren't always harmless.
Even the most pure substances, such as water, can be dangerous if too much is ingested.
In 2007, a woman died from water toxicity after participating in a Sacramento radio contest. The 28-year-old mother of three entered the "Hold Your Wee for a Wii" competition, where the goal was to drink as much water as possible without urinating to win a Nintendo Wii game console.
She died just hours after the contest.
Like water and salt, vitamins are a daily part of most people's lives and are necessary for body function at healthy levels.
What is niacin?
Niacin, also known as vitamin B3, is a water-soluble vitamin that occurs naturally in humans, plants and animals. It can be used to lower cholesterol and help prevent heart attacks in people with high cholesterol. It can also be used to treat coronary artery disease, according to Drugs.com.
Peanut butter, seafood and beef liver contain high amounts of niacin and shouldn't be an issue if taken in moderate portions.
Niacin is a common ingredient in most energy drinks and is found at high levels in the beverage. This is normally overlooked by consumers because it's often labeled as a 'natural ingredient'.
Niacin helps convert food into energy which is why it's used in the beverages.
When niacin levels become too high, it's dangerous.
Catching a case of vitamin B3
A 50-year-old man who was previously healthy, was recently hospitalized after experiencing abdominal pain, nausea, vomiting, yellowing of the skin and other symptoms uncharacteristic of his normal health.
The man said he wasn't on any prescription medications or other drugs or alcohol, but told doctors he'd been drinking 4 to 5 energy drinks a day for the past three weeks, according to a BMJ case report.
Doctors concluded the man had acute hepatitis, with an underlying chronic hepatitis C (HCV) infection. Acute hepatitis develops into HCV which causes liver damage.
The man claimed he'd gotten a tattoo in his 20s but had never received a blood transfusion or engaged in high-risk sex, both common ways of getting hepatitis, according to the report. He also had no family history of liver disease but showed liver damage.
After ruling out all causes of the infection, doctors found energy drinks to be the cause of liver damage, according to the report.
How are energy drinks linked to hepatitis?
The high levels of niacin in energy drinks can be toxic. Niacin is the only ingredient in most energy drinks directly linked to hepatotoxicity, which is drug-induced liver damage normally presented as hepatitis.
The case report said each one of the man's energy drink of choice contained 40 mg of niacin, or 200 percent of the recommended daily value. Multiply that by the four or five drinks he was consuming a day, and it reaches thousands of times the safe guidelines per day.
ABC10 called the California Poison Control information line and asked about niacin. A poison control expert explained although niacin overdoses are almost unheard of, it's very common for people to get the 'niacin flush'.
People who take niacin pills for cholesterol control or other health reasons can sometimes turn bright red and experience a rising body temperature with sweating and itchiness.
Niacin flush is much less severe than the damage which can be caused by the levels of niacin found in energy drinks, especially if numerous drinks are being consumed every day consistently like in the case report.
According to the report, people should be educated and aware of the potential risks of hepatotoxicity with the overconsumption of niacin-loaded energy drinks, even if it's rare.
Who regulates energy drinks?
The U.S. Food and Drug Administration (FDA) regulates energy products under the Federal Food, Drug, and Cosmetic Act (the FFDCA) but manufacturers label some as dietary supplements and others as conventional foods. The requirements are different for both.
Dietary ingredients, or the 'active ingredient' in dietary supplements require no FDA preapproval.
Niacin is approved and regulated by the FDA.
Niacin levels are stated on beverage labels so consumers can be aware of what they're ingesting and how much of a substance is in a drink.


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We have actually lost count of the number of times, the TVS Apache RTR 200 have been spotted while undergoing camouflaged testing in numerous location. There is no doubt that TVS is making its level-best to leave no stone unturned and make the Apache RTR 200 a perfect bike with much more than our expectations.
Nothing much is known about the upcoming Apache RTR 200, every detail on the web is just a speculation. The latest spyshots by Mansur from TMC Blog in Indonesia is the closest anyone has got to the test-mule so far. This sighting indicates that the bike is being in the final legs of development and looks almost ready for production, we can expect the production-spec model be ready in time for the 2016 Auto Expo.
Furthermore, the Apache RTR 200 is believed to be inspired by the TVS-BMW G310R (K03) with handlebar, grips end-weights, rear view mirrors and even the fully-digital instrument cluster looks inspired from the same. Going by the new crankcase design in this test-mule, we could see a change from the current-generation Apache RTR models.
Regardless of the time frame, we are sure that the upcoming Apache RTR 200 will be a huge success when launched as TVS is known for providing good products at an unthinkable price which attracts scores of customers.
To read more on TVS Apache, Click here


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Azzaro has launched a new limited edition fragrance, Blue Charm.
The fruity floral fragrance, created by perfumer Karine Dubreuil, has notes of bergamot, white peach, cherry blossom, lotus, daphne, lilac, white cedar, white musk and white amber.
Azzaro Blue Charm launched last year in Asia, and will be introduced into other areas this year. It is an Eau de Toilette, and will be available in 30 and 50 ml or in a coffret set that includes a ring with a blue stone. (via cosmoty.de)
Other recent releases from Azzaro: Azzaro Now.
Rich Hippie has launched a new perfume, Woodstock:
Aptly named Woodstock – it’s a deep, earthy, romantic scent which will bring back fond memories for all flower children and conjure up some new ones for everyone who tries it.
The perfect blend of ingredients conjures up the essence of Woodstock – it’s spiritual, meditative and suitably hip enough for modern day hippies like the bohemian Sienna Miller or the polished but uber cool Kate Moss. The scent features Frankincense from Oman, Myrrh from Ethiopia, Sandalwood from India and light extracts of Ylang Ylang flowers from Madagascar as well as Rose Petal and Rose Geranium.
Rich Hippie Woodstock is $135 for 15 ml of perfume oil. Get 20% off any purchases from Rich Hippie with coupon code WOODSTOCK, good through 3/21. (via newsletter from Rich Hippie)


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It was only a matter of time until Zendaya—the 20-year-old actress, style icon and outspoken feminist—released her own clothing line. Well, collegiettes, the day has come: the actress launched Daya by Zendaya on Saturday and it is PERFECT. Staying true to the celeb’s values, the clothes come in sizes 0 to 22, are relatively affordable, and some are even unisex. Each trendy piece finds the perfect balance between streetwear chic and a more delicate vibe.
In an interview with Allure, the actress-turned-designer explains why inclusivity was so important to her while developing the Daya line: “I can’t just say all this stuff about inclusivity and loving people and you know, breaking barriers, and then actually not do it when it comes down to my own stuff,” she says.
You’ll also be glad to hear she had you in mind with these clothes: “I wanted people to have quality pieces that were realistic [when it comes to price],” she tells Allure. “If you’re a college student, you’re not going to be able to buy a $500 jacket. It doesn’t make sense.” Touché.


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Saturday is first sales tax free day
Shoppers visiting Petersburg businesses this Saturday, May 5 will receive a 6-percent savings on their purchases. The city council granted a sales tax free day as requested by the Petersburg Chamber of Commerce on March 19.
Retail sales of both goods and services purchased and received on May 5, 2012 are exempt from the city sales tax.
According to information from the City of Petersburg the only taxable sales on that day will be for rentals greater than one day and sales made by the City. The city bed tax will remain at 4% on that day.
Many Petersburg businesses will be offering special promotions in conjunction with their annual Spring Market Event for 2012 on Saturday.
The sales tax free day is expected to spur business activity in town, while giving shoppers a day of additional savings. The Chamber of Commerce also hopes to draw out of town shoppers to the event, which has been advertised to outlying areas.
The chamber hopes the council will grant another sales tax free day in October when the state’s PFD checks are distributed.
The City and Borough of Wrangell has had two tax-free sales days per year for the past 4 years.
City manager Steve Giesbrecht estimated the city could lose $25,000 to $30,000 in sales tax revenue as a result of the single tax free day. The city will track the lost revenue on their sales tax report forms that businesses fill out and submit to the city each month.
Finance director Jody Tow told the council, “We’ll know exactly how much money that we’re losing,” after sales tax reports are submitted to the city.


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// Total retail sales down 1.2 per cent for Sainsbury’s first quarter ending June 29
// Like-for-like sales down 1.6 per cent for the same 16-week period
// CEO Mike Coupe expected to face criticism at Sainsbury’s AGM tomorrow in light of failed Asda merger
Sainsbury’s has reported another drop in quarterly like-for-like sales, as the Big 4 grocer braces for shareholder anger directed at boss Mike Coupe ahead of its AGM.
For its first quarter period ending June 29, the grocery giant saw like-for-like sales decline by 1.6 per cent – an acceleration of the 0.9 per cent decline recorded the previous quarter.
Meanwhile, total retail sales fell by 1.2 per cent during the 16-week period, which Sainsbury’s attributed to a “tough retail environment”.
Grocery sales declined by 0.5 per cent over the period, as the decline in sales slowed down from 0.6 per cent in the previous quarter.
Sainsbury’s also saw sales slump by 3.1 per cent and 4.5 per cent respectively for its general merchandise and clothing divisions.
The trading update come just months after the CMA blocked the £12 billion proposed merger of Sainsbury’s and Asda.
The failed merger saw Sainsbury’s shares fall to to a 30-year low in May.
Despite this, Sainsbury’s annual report last month indicated that Coupe would be awarded a £3.9 million pay packet this year, including a bonus, which represents an increase of seven per cent from the previous year.
Coupe is now expected to face criticism from some shareholders at Sainsbury’s AGM tomorrow, during which his pay packet will need to be approved through a vote.
Meanwhile, Sainsbury’s has tried to win over shoppers in recent months by lowering prices, with reductions on more than 1000 food and grocery items.
The supermarket said it has also committed to reduce its net debt by at least £600 million over the next three years.
It has also outlined significant store investment which will make improvements in 400 stores nationwide.
“We continue to adapt our business to changing shopping habits and made good progress in a challenging market,” Coupe said.
“We reduced prices on over 1000 everyday food and grocery products and improved our relative performance.
“In a tough trading environment, we gained market share in key general merchandise categories and in clothing, where we are now the UK’s fifth largest retailer by volume.”


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NEW YORK — Five years ago, Jay Godfrey decided to leave his job as a trader at Citibank to start a ready-to-wear business. “I was always told to be bold,” he said. “It was an extremely bold move. It’s probably a risk I could have afforded to do then, because I wasn’t married and didn’t have a child.”
Godfrey is now preparing to open his first store, another risky move. His finance degree from Montreal’s McGill University has helped, he said. Godfrey, whose wholesale business will be $5 million in 2011, is financing the store and its construction “through our existing business. Banks have been helping us out. I’m putting some of my own money in, too.”
The store, a 1,500-square-foot unit at 810 Washington Street in the Meatpacking District, is just beneath the High Line. It’s expected to do $1 million in first-year sales. Godfrey’s wholesale accounts include Nordstrom and Neiman Marcus.
“The space pays homage to the High Line,” Godfrey said. “We have the underside of a railroad as part of the ceiling. I want to keep all of that exposed.” Godfrey found his architect, MR, in Architectural Digest. The firm had designed an apartment for a bachelor. “It was a raw space that was incredibly sensual,” Godfrey said. “Cowhides and all different furs.” MR has also designed stores for Tory Burch, J.Mendel and Christian Dior.
“I wanted to have a juxtaposition between raw elements such as exposed cinder blocks, exposed brickwork and cement floors and extremely polished black chrome fixtures,” Godfrey said. Midcentury modern furniture will be mixed with Fifties Saarinen chairs.
Godfrey, who’s carved a niche for himself as a contemporary dress resource, has a way with color. For example, there’s his color-blocked kimono sleeve dress in red and pink for $395 and a Bardot mesh yolk peplum dress, $320.
“We’re broadening the line to become a fuller collection,” Godfrey said. “We will have tops, blouses, skirts, pants and jackets. I’ve been dabbling in costume jewelry for a while in a very small way, so I’ll be including costume jewelry and scarves. The logical next step is to show the brand in its entirety.”
Jay Godfrey will be next door to Intermix, which opened in September. “I looked all over Manhattan and what it came down to for me was the adjacencies to other brands that my customer incorporates into her lifestyle.”
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)


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Apple’s AuthenTec Buy Shows Needed Focus on Mobile Security
By Ian Paul
PCWorldJul 27, 2012 10:44 am PDT
Apple’s decision to to buy AuthenTec, a mobile and network security provider, reflects the realization that we need stronger security for devices as the mobile industry moves toward e-wallets and locked-down phones for enterprises.
AuthenTec specializes in a variety of security techniques that could help make the iPhone and iPad more secure, such as content security and fingerprint recognition–a feature the security company sells to computer makers such as Dell, Lenovo, and Asus. AuthenTec also recently entered into an agreement with Apple’s bitter smartphone rival, Samsung.
It’s not clear yet what Apple plans to do with AuthenTec, assuming the deal makes it past the regulatory hurdles. Given recent news about mobile wallet hacks at Black Hat this week, security is top of mind for device makers and platform developers.
Securing the iPhone’s Future
When Apple rolls out iOS 6 in the fall, the revamp of the company’s mobile operating system will have a new feature called Passbook. In its initial iteration, Passbook will be used to store travel passes, coupons, and loyalty cards. But some critics think the new function suggests the next iPhone, expected to debut this fall, will include an exclusive payment program based on near-field communication (NFC) built into Passbook.
Google is already offering phones and Microsoft will join the fray with Windows Phone 8’s new Wallet Hub later this year. But the security of NFC-enabled phones remains an open question, as noted by security research consultant Charlie Miller during the Black Hat security conference that ended Thursday. During a demonstration at Black Hat, Miller used NFC to exploit security vulnerabilities in Android and direct the devices to Websites containing malicious code, according to a report from Ars Technica. Miller found similar NFC weaknesses in Nokia’s MeeGo-based N9 phone.
AuthenTec’s expertise could help Apple bolster the security of any NFC feature it implements. This would also make the iPhone and iPad more appealing to security-conscious IT managers at large corporations. Given the uncertain future of Research In Motion’s BlackBerry devices (an enterprise favorite), large businesses may soon be looking for an alternative. Microsoft is also pushing toward the enterprise push, as apparent with new features in Windows Phone 8.
Apple’s new acquisition is becoming public at a time when the company is in a heated legal and market battle with Samsung, maker of the popular Android-based Samsung smartphones and tablets.
Less than two weeks ago, Samsung agreed to use AuthenTec’s QuickSec virtual private network client on Galaxy devices. If Apple is permitted to complete its $356 million acquisition of AuthenTec, it appears Samsung will have to shop around for a new VPN provider for its enterprise-ready products.


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The launch of the much-awaited Nintendo Switch is just around the corner, so it is no surprise that there have been a lot of fans speculating and wondering what Nintendo will have to offer in terms of launch titles for the said console.
When Nintendo released the Nintendo Switch announcement video, the first game that was seen playing in the background was the upcoming "The Legend of Zelda: Breath of the Wild," so it is no surprise that a lot of fans are hoping that the game would also be released during the console's launch.
For quite some time, there have been rumors that since the Nintendo Switch will be released around March, and since Nintendo has been having problems with development for "The Legend of Zelda: Breath of the Wild," the game will be released a few months after the Switch rolls out.
The good news is that there have been new rumors claiming that the game will most likely be a launch title. Even known Nintendo leaker Laura Kate Dale has retracted her earlier statement about the release date of "The Legend of Zelda: Breath of the Wild." Now, she says the game will launch when Switch does.
In a report from Tech.Mic, there are three "Mario" titles that gamers are hoping to also be announced for Nintendo Switch.
"Mario Kart 8" which was seen in the Nintendo Switch trailer, seems almost confirmed for the console, but fans are also interested if the console would have a backward compatibility with the Wii U. "Super Smash Bros. 4" is another title that will reportedly launch on the Nintendo Switch. It was also said that there will be a new "Super Mario Bros." title from Nintendo that will roll out with the game.
The more information about the Nintendo Switch will be announced on Jan. 12, so fans will know more about the specs and price of the hybrid console, as well as the titles that will be available on it.


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How crisis communications has changed
After a year of disruption and chaos, what about the practice of crisis communications is new and what’s the same as it ever was?
After months of a global pandemic, racial justice protests and heaps of economic uncertainty, crisis communications has taken on new meaning. Some communicators have even gone so far as to suggest that everyone is a crisis communicator these days.
But what about the tactics and strategy is specifically different and how can brand managers adapt to be better prepared for whatever comes next?
Jennifer Granston, head of insights for Zignal Labs, shares her take on what the past few months means for the communications industry and what steps should be taken to be ready for an uncertain 2021.
PR Daily: How has crisis communications and crisis response changed in 2020?
Granston: 2020 has forever altered how we look at crisis comms and response. Brands are dealing with multiple overlapping issues at global scale, around the clock, with an unimaginable amount of data being created and exchanged online.
On top of that, they have to separate truth from fiction – and combating mis/disinformation when it occurs. Considering the myriad platforms on which ideas are shared today, and how rapidly they spread, these are no small tasks. The expectation is that brands are acting as a real-time resource to their stakeholders, including employees, consumers, and shareholders, and that they act as the credible voice to make sense of it all.
PR Daily: What are the biggest threats to brand reputation heading into 2021?
Granston: Without a doubt, the primary threat brands face is disinformation—in its many forms—and this threat is compounded by the speed with which false narratives can take root and spread.
PR Daily: What are the things that a brand is most likely to get wrong about crisis comms?
Granston: Not having a clear strategy to monitor and alert in real-time, emerging issues that will impact the brand, and a clear organizational response that allows for rapid cross-functional ability to address these things.
Being risk-averse and assuming that doing nothing will protect them – or that an issue will simply go away on its own. If they don’t take action to control the narrative, then the narrative will be written without them – and they probably won’t like the result.
Assuming they have more time than they actually do. News and ideas – and, importantly, mis/disinformation – spark quickly and spread like wildfire in today’s online ecosystem. Gone are the days of hearing about an issue and saying “I’ll deal with it in the morning.” Waiting for it to appear in the mainstream press before acting just won’t cut it anymore. Issues are percolating much earlier in pockets of the internet. But the good news is that you can find those and address issues before they take root.
PR Daily: What are the most important metrics/data points to monitor for brand reputation?
Granston: There are three key items to consider when evaluating how an issue or narrative may impact your brand:
- Veracity: Is the narrative based on truth or falsehood?
- Velocity: How quickly is it taking off?
- Sentiment: Is it helpful or damaging to your brand?
PR Daily: If you had to make a prediction, will crisis comms be harder or easier in 2021? Why?
Granston: Crisis comms has been extremely challenging this year, and it’s poised to become even more so in 2021. For one thing, the multiple overlapping issues that made crisis comms so hard this year—COVID-19, climate change, social justice and elections—are not going away. But as if that weren’t enough, brands will also be reckoning with issues like vaccination, return to work, economic recovery, policy issues, and a much greater percent of these issues being discussed online versus in traditional outlets. The disinformation crisis will continue, and we will see more sophisticated attempts to undermine the truth and create confusion.
Interested in learning more? Join Zignal Labs for its special lightning talk as part of Ragan’s Crisis Communications Virtual Conference on Dec. 8.
The most important change may be in the growing role (and fee intake) of PR fortune tellers.
They can often predict (a) what the crisis is likely to be about, (b) what may be the biggest determinant of management’s post-crisis reputation, and sometimes even (c) what effect the crisis may have on the PR chief’s career and on management’s continued employment.
PR fortune tellers have big balls. Not necessarily crystal balls nor parties but any spherical object from which one can see that what goes around comes around. Something called Heisenberg’s Principle of Uncertainty states that at any one point in time, we can’t know both where we are and also how fast we are going. But Herr Heisinger himself, were he still alive, would not deny the PR reality that with foresight, those astute in PR can sure as hell can tell where we may be going if we don’t change things.
Change is what often creates crises, change can help us avert severely bad consequences of crises and change is what PR fortune tellers study. It’s because the more common designation of PR fortune tellers is PR research chiefs.
WHAT THE CRISIS WILL BE ABOUT, researchers counsel, is likely to be an accusation that the company is “unfair” in how much the company makes on the public by pricing or price-fixing, “unfair” to the public in causing safety hazards as by product safety deficits or pollution, or “unfair” to the public as by discrimination or harassment.
HOW MUCH INJURY THE CRISIS CAUSES is likely to be determined by the answer to two questions that PR fortune tellers look at.
.1. Did the company do fire-prevention by making well known BEFORE crisis that the OPPOSITES of the common accusations have been true? That the company has SAVED the public money in ways that PR ha made well known, PROTECTED the public safety in ways that can be not only talked about but shown with pictures, and FOUGHT AGAINST both discrimination and harassment in ways that has won awards and letters of gratitude from top people in “good cause” management?
One beauty of such PR fire-prevention is that you reduce the peril of severe injury. The public is much less likely to believe that you are guilty as hell if the public already “knows better,” knows from your widely covered reports that the company has PROTECTED the public against such unfairness. Another beauty is that once you make known the truth, you reduce the peril that contrary accusations will even be made. Activists who accuse are inclined to attack the clearly guilty, not companies that are already well known for “Active Innocence,” a term that may be used persuasively in PR proposals.
.2. Did the company create massive media coverage on not only “positive opposites” of common accusations but also earn gratitude—perhaps from 50 million or 100 million Americans you made deeply grateful to the company? The PR proposal of a great PR firm may say to management in effect: “Let’s be a corporate hero.” Not just a doer of good deeds as shown by our annual donations list but an impressive hero, damn near loved by millions of people because of what we’re doing for them. My own favorite way of doing this, and there are many other ways, is by trying to save millions of lives by supporting a health research program of world leaders like Dr. Anthony Fauci at Johns Hopkins or Dr. Andrew Zelenetz at Memorial Sloan Kettering Cancer Center.
Even a huge sum that could bring you massive media coverage nationally or worldwide may be fairly easily affordable if it is given over a period of 10 or 20 years. Yet huge it is, and millions of lives you may save.
THE EFFECT OF CRISIS ON CAREERS—your own and your management’s—may depend in part, PR fortune tellers can forecast, on what did PR do BEFORE the crisis. For top management, early and effective PR actions can be far better than even the most foresighted early warnings. For PR people, as for a company’s fire-prevention and quality control people, savvy crisis management and even better, crisis prevention, can win the lavish rewards that management may bestow on those who earn respect and gratitude for being protective PR fortune tellers.


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Apple has removed The New York Times’ apps from the App Store in China in response to a request from Chinese authorities, The New York Times reports. Both the English and Chinese language apps were removed from the App Store in China on Dec. 23, with Apple being told by Chinese officials that the app “is in violation of local regulations.” The move seems to affect only The New York Times’ apps, as other international publications such as The Financial Times and The Wall Street Journal remain available in the Chinese App Store. The Chinese government began blocking The Times’ websites in 2012 following a series of articles on then-prime minister Wen Jiabao, although the government is said to have been struggling in recent months to prevent readers from using the Chinese-language app.
An Apple spokesperson declined to provide any details such as what local regulations were cited, when Apple was contacted and by whom, and whether any legal proceedings were involved, although the New York Times report speculates that the request appears to have been made under a new set of regulations released last June called Provisions on the Administration of Mobile Internet Application Information Services, which prohibit apps that “engage in activities prohibited by laws and regulations such as endangering national security, disrupting social order and violating the legitimate rights and interests of others” and that apps cannot publish “prohibited” information. The Cyberspace Administration of China, which is the country’s main Internet regulator, did not respond to faxed inquiries from The New York Times. The Times bureau in Beijing also noted that it has not been contacted by the Chinese government concerning the matter at all, which appears to be between the Chinese government and Apple at this point. The Times has asked Apple to reconsider its decision, according to a Times spokesperson in New York.
This is not the first time Apple has removed media apps from its Chinese App Store, although this recent action is the most prominent news app to have been removed. While Apple CEO Tim Cook has stated in the past that Apple complies with all local laws, it’s unclear exactly what process is followed in evaluating requests from Beijing to remove apps, and whether Apple resists such requests in any way. Notably, the Times’ news apps remain available in Apple’s App Stores in Hong Kong and Taiwan, although users must have a credit card with a billing address outside of mainland China to download apps from those stores. The Times’ crossword puzzle and VR apps also remain available throughout China.


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Empire‘s Jussie Smollett is a singer and actor, and now he can add model to his ever growing resume. He’s just been named the face of Sean John’s fall/holiday 2015 ad campaign, “Dream Big.”
He will join Diddy‘s son, Quincy Brown, for the ads which will debut in September, according to The Wrap. It will first appear in GQ magazine for fashion’s biggest month of the year. Sean John expressed its delight in having Smollett apart of its campaign.
“Sean Combs lives by the words, DREAM IT, WAKE UP, DO IT. When he created the Sean John line, it was with this mission in mind. This is a brand for those who not only dream but dream far beyond their limitations,” Jeff Tweedy, President of Sean John, said in a statement Thursday announcing the campaign. “Our fall campaign concept truly celebrates those young men who bring their dreams to fruition. Jussie and Quincy are quintessential examples of the Sean John man and are true role models for our Dream Big concept.”
“As a brand, we look to the future of fashion. The Dream Big concept best communicates our brand positioning by examining those who, like Mr. Combs, had a dream and made it a reality,” Dean Arcuri, VP Marketing & Creative Services, added. “We are excited to partner with GQ in presenting our latest Dream Big campaign. The Sean John man much like the GQ reader strives for nothing but the best and these men in our campaign exemplify that ideal.”
The actor has become a bit of a style maven in his own right. He was just named one of InStyle Magazine’s “Man of Style.” He recapped his excitement on his Instagram page.
Look for Smollett in the upcoming season of Fox’s hit show Empire to return September 23.
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Hardwood floors improve the aesthetics of just about any home, but what if they could also purify the air? Lauzon Distinctive Hardwood Flooringhas unveiled a groundbreaking new product called Pure Genius that comes with a built in air purification system. Using brand new technology, this “intelligent flooring” continuously breaks down airborne toxins to generate a flow of pure air that makes living spaces a whole lot healthier.
So how does Pure Genius Work? Using patented titanium dioxide technology, the specially-formulated flooring decomposes bacteria, viruses and moulds, and reduces potential carcinogens by constantly transforming toxic airborne particles into harmless water and carbon dioxide molecules.
Related: Andrea Air Purifier Uses a Plant to Clean the Air in Your Home
Priscilla Bergeron, Lauzons’ Communication Manager, says that indoor air is often five to 10 times more polluted than outdoor air. “Poor air quality in the home causes build-up of bacteria, viruses and moulds, and may lead to allergies, fatigue and respiratory problems like asthma,” she adds. After 30 days with Pure Genius flooring installed in the home, formaldehyde levels can drop to levels that are six times lower than the average amount found in a typical home. On a slightly smaller scale, Pure Genius also helps reduce lingering odors in the home. Pure Genius is now available at stores across the United States.
+ Lauzon Distinctive Hardwood Flooring
Images via Lauzon


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Espresso Games, the historic on-line gaming brand, has received its first game certificates in line with ADM regulations and announces its presence in the Italian market.
Talenta International Limited, the British multinational held in part by a major private equity, confirms the acquisition of the brand for the new launch of the popular Espresso Games products in Italy.
Max Rizzo, CEO of Talenta declares:
“We believe the acquisition of this prestigious brand, and its know-how, to be of significant strategic interest. In fact, the company has decided to transfer its development activities to Italy following requests of Italian players who are very fond of the brand. To note, Espresso Games products were developed for over 15 years in the UK almost exclusively by Italian staff, so I wholeheartedly agree with the vision of Talenta’s founding partners and its private equity to identify the brand in its natural role as a Made in Italy supplier, thereby making a significant contribution to the highest level of worldwide excellence. For our launch we’ve signed our first agreement with SKS365, the holder of the Planetwin365.it brand, and are extremely proud to continue our existing collaboration together in this precious market”.
Enrico Berton, Chairman of SKS365 says:
“From the experience gained over years of working together internationally with Espresso Games, we’ve earned much profit and satisfaction from this excellent brand. Espresso Games has always been the highlight of our gaming offer, so we are thrilled to finally expand our agreement to the Italian regulated market as well”.
Italian creativity combined with extensive international experience satisfies the widest range of interest in a market that can never have enough quality and innovation.
The company confirms that as of November 2017 it is available for the signing of new software license agreements in Italy and Talenta’s CEO adds:
“If I was an important actor in the Italian concessionaire market I woud have no doubts! Espresso Games is a bespoke desktop and mobile product with an unmatched level of customer care. It’s a matter of style, and of course if the price is also right…”
For info visit espressogames.com


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By Marcus Leach
Official figures have shown that UK retail sales volumes edged up by just 0.1% in June from May.
However, on a year-for-year comparison sale volumes were up 1.6% according to the Office for National Statistics (ONS).
One of the key reasons for the rise was reduced prices in clothing and footwear stores.
- In June 2012, all retailing sales volumes were estimated to have increased by 1.6 per cent compared with June 2011. Over the same period, all retailing sales values were estimated to have increased by 1.9 per cent.
- In June 2012, non-seasonally adjusted data shows that small stores fared better than large stores. Sales values at small stores were estimated to have increased by 4.1 per cent compared with June 2011 and large stores were estimated to have increased by 1.2 per cent
- The implied deflator which provides an estimate of the prices of goods sold or store price inflation slowed to 0.3 per cent, down from 1.2 per cent in May.
- The total amount spent in the five week period 27 May 2012 to 30 June 2012 is estimated at £32.7 billion, non-seasonally adjusted, up from £26.4 billion in the four week period of May 2012 and £32.1 billion in June 2011. This equates to an average weekly spend of £6.5 billion in June 2012, £6.6 billion in May 2012 and £6.4 billion in June 2011.
- The average weekly value for Internet sales was estimated to be £493.3 million, meaning that the proportion of retail sales excluding automotive fuel made via the Internet was 8.5 per cent.
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A couple of short videos featuring the actor saying he’s coming to fulfill the fantasy of hearts has created a buzz on his next endorsement.
A couple of short videos featuring actor Shah Rukh Khan have been circulating on Indian social media. Several popular 'paparazzi' Instagram handles, including Manav Manglani, Viral Bhayani, Instant Bollywood, among others, have hosted one of two 'Reels' featuring Khan.
In either of these, Khan says, 'Me aa raha hu, har dil ki fantasy puri karne,' in a similar setting. The reels are titled 'Har Dil ki Fantasy coming soon' and use hashtags #srkfantasypreview, #HarDilKiFantasy.
The reels provide a sneak peek into a collaboration that people can expect between Khan and a brand, leading to speculations about the latter's identity. A common speculation is that this is related to an ad for ITC Sunfeast’s Dark Fantasy biscuit.
About a month earlier, a SRK fan page circulated a rumor that the actor is working on an advertisement for Dark Fantasy.
The brand is yet to confirm that Khan will be featuring in an upcoming ad for the biscuit. afaqs! reached out to the brand and is yet to receive a confirmation. The brand's last ad for the biscuit featured Alia Bhatt and was released in October 2021.


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Full story here.Oklahoma City Thunder The Arena, Orlando ESPN 3 PM �?New Orleans Pelicans vs.If you think of movies where at the end you say to yourself, that might lead into a sequel, that’s how we’ve been approaching it.The $500 million purchase is Lululemon’s first acquisition and underscores its goal of being more than an apparel brand: �?: Under Armour has informed UCLA that it is attempting to terminate its record $280-million apparel deal with the school.Lionel Messi $104 million $72 million 432 million Soccer 4.
Alex Morgan 5.Previous Super Bowl halftime sponsors have included ETrade, Oscar Mayer, Custom Baseball Jerseys Disney World, Progressive, AOL, AT&T, Ameriquest and Sprint.San Antonio Spurs Visa custom women football jersey Center, Orlando 8 PM �?Houston Rockets vs.Cristiano Ronaldo 4.That would include being Durant’s guest at a game in Oklahoma City ; taking a road trip to Los Angeles to see Durant play ; having Durant select a stylish new outfit for the participant; getting a therapeutic Sports Recovery Massage, as Durant does after practice or a game; and scoring an official KD signature backpack, custom football jerseys contains headphones, a pair of Durant’s sneakers, a jersey and a basketball, all signed by Durant.
Full story here.Williamson, entering his rookie season with the New Orleans Pelicans, unveiled the decision on his Instagram account, which has nearly four million followers, and also on Twitter, where he has more than 391 followers.Serena Williams 3.Portland Trail Blazers The Arena, Orlando NBA TV 4 PM �?Phoenix Suns vs.
Manchester Arena reps sent out a message via their Twitter account: Last night our community suffered a senseless tragedy.Back to Home Page.She steps out of her Kia Optima in a short, tight dress and immediately gets the attention of the players and coaches.From Durant’s perspective, the music generates colors, images and intense emotions.


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In a few years, it could be just as common for a Wal-Mart shopper to head to the retailer for an allergy shot or a strep-throat test as it is to swing by for food or clothes.
After a pilot program, Wal-Mart Stores (WMT, news, msgs) has announced plans to open as many as 400 in-store health clinics in the next two to three years. That number could jump to 2,000 in five to seven years if current conditions persist.
With Wal-Mart facing sluggish U.S. sales growth, analysts said the clinics give the retailer a means to improve sales by keeping its base of lower-income shoppers in its stores longer and keeping them out of costly emergency rooms.
"The health-care crisis and the inflation associated with it creates a lot of problems for their customers," said Richard Hastings, senior retail analyst at Bernard Sands. "They (Wal-Mart) are extremely exposed to the lower-income population's economic woes."
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An estimated 46 million Americans lack health insurance, and, according to the National Coalition on Health Care, health-care spending constitutes about 16% of the U.S. economy.
With Americans trying to find cheaper health-care alternatives, Wal-Mart began testing in-store health clinics in September 2005, and it now has 76 clinics.
The retailer does not operate the clinics. Instead, it leases in-store space to outside operators. The clinics provide basic preventive and health services -- like cholesterol screenings or treatment for sore throats.
Squeezed by gas prices, housing bust
A routine visit costs $40 to $65, excluding insurance. That is less than a similar visit to a primary-care physician, which could run between $80 and $110, excluding insurance, while an emergency room visit could be at least $250, said Alicia Ledlie, senior director of Wal-Mart's health business development.
Ledlie said its in-store clinic operators found that more than half of the customers who used the clinics said they had no health insurance, and nearly 15% said they would have gone to an emergency room if the clinic was not there.
"That was the hypothesis, but to see that proven out in the data really, to us, felt like this was the right time to go forward in a bigger way," Ledlie said.
Hastings said keeping customers out of emergency rooms makes sense for Wal-Mart, whose lower-income shoppers are being squeezed by high gasoline prices and a slowing housing market. An unexpected emergency room trip could drain a shopper of dollars that would otherwise be spent at Wal-Mart, he said.
Ledlie said the clinics fit the idea of "one-stop shopping" -- a customer who has been treated for a sore throat can then fill a prescription at a Wal-Mart pharmacy and buy everything from chicken soup to cough drops before leaving.
"There's a number of health and wellness solutions throughout the store. How do we make sure customers are aware of them?" Ledlie said of the challenge Wal-Mart faces.
Hastings said incremental sales are crucial to Wal-Mart, where margins are compressed by the emphasis on low prices.
"It's all about conversion and marginal sales," he said. "Marginal sales are the backbone of the Wal-Mart system."
Warren Buffett recently let it be known he thinks Wal-Mart stock is a better buy than shares of its big-box rival. Two analysts debate the wisdom of Buffett's call.
But Wal-Mart is not the only retailer pursuing clinics.
CVS/Caremark (CVS, news, msgs) is adding hundreds of Minute Clinic locations this year, and Walgreen (WAG, news, msgs) has said it plans to have 250 health clinics operating in its drugstores by the end of August.
Standard & Poor's equity analyst Joseph Agnese said he favors having the clinics in drugstores because a Wal-Mart supercenter may be difficult to get to or be surrounded by a sprawling parking lot.
"If you are sick, you are going to choose the most convenient location," he said.
But Ledlie counters that argument, saying the top reason users cite for visiting a Wal-Mart clinic is convenience.
Oppenheimer retail analyst Bernard Sosnick said Wal-Mart's success with its $4 generic prescription drug program could point to success with the clinics.
Wal-Mart began selling certain generic drugs for $4 per monthly prescription in September and by the end of November had extended the program to all of its pharmacies -- far ahead of schedule.
Sosnick said Wal-Mart could theoretically lease space to clinics at attractive rates so prices could remain low, but it would make up for the lower rent by increasing sales at its pharmacies or other departments.
Analysts said in-store health clinics are not necessarily an either/or proposition -- either they succeed at Wal-Mart or they succeed at drugstores.
"It's a big market, and there will be a place for each," Sosnick said.
Instead, analysts see Wal-Mart clinics mainly as an attempt by the retailer to sell more to its own customers over time.
"It should be accretive in three to five years," Hastings said. "This is an extremely long process."


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Written by Staff Writer
26 Dec, 2015 | 10:26 am
Following other technology giants including Facebook, Twitter, and Google, Yahoo has announced that it will begin alerting users it suspects may have been targeted by a state-sponsored attack. The Internet giant made the announcement in a recent blog post.
Some of the actions that the company suggests users should take immediately include turning on Account Key or Two-Step Verification, choosing a strong and unique password, reviewing recent activity in account settings, and checking account recovery info as well as mail forwarding and reply-to settings.
It’s worth stressing that receiving such a notification from Yahoo doesn’t necessarily mean that your account has been hacked by a state-sponsored actor, just that the company “strongly suspects” that it may have happened. The company refused to share any details on its detection methods for obvious reasons.
30 Jan, 2022 | 10:37 AM
20 Dec, 2020 | 10:12 PM
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