On Cue stores to be renamed Sam Goody in Canada and U.S.
Musicland Group will convert 200 On Cue outlets to Sam Goody, expanding the chain to over 800 stores. The shift, starting in June and finishing by late summer, aims to boost sales with larger video game and electronics sections and stronger advertising. Best Buy subsidiary Musicland cites rural tests showing better results with the Sam Goody brand.
MENTIONED IN THIS ARTICLE
On Cue
Sam Goodl
Ottawa
Musicland Group
Sam Goody
Kevin Freeland
Musicland
Best Buy
Gas prices rise over eight cents nationwide
Gasoline prices climbed more than 8 cents in two weeks to 1.46 per gallon for all grades and taxes, continuing a February rise. Since February 8 prices have risen 32 cents amid crude oil strength and Middle East concerns, with seasonal demand and improving economy also cited.
MENTIONED IN THIS ARTICLE
Camarillo
Calif
Lundberg
Trilby Lundberg
Middle East
Ameritrade to buy Datek Online for $1.29 billion
Ameritrade Holding Corp will acquire Datek Online Holdings Corp in a stock swap valuing Datek at 1.29 billion dollars. The merged firm will run about 2.7 million accounts and 164,000 trades daily with roughly 800 million in annual revenue. Joe Moglia will lead the combined company. The deal, backed by private equity owners of Datek, is expected to close within 90 days.
MENTIONED IN THIS ARTICLE
Omaha, Neb
Ameritrade Holding Corp
Datek Online Holdings Corp
Ameritrade
Joe Moglia
Mont Datek
Jersey City
N.J
Joe Ricketts
Omaha
Court orders Penske Auto Centers to stay open
In Troy Michigan a U S Bankruptcy Court issued a temporary restraining order requiring Penske Auto Centers to keep service centers at Kmart locations operating in 44 states. The order blocks any action to close or liquidate. Penske had planned to shutter 563 centers amid discussions with Kmart.
MENTIONED IN THIS ARTICLE
Troy, Mich
Penske Auto Centers
Kmart Corp
Penske Auto Centers LLC
Kmart
U.S
Susan Pierson Sanderby
Penske
Richard J. Peters
Julian Day
Labor policy favors voluntary workplace safety guidelines
Washington AP reports a new Labor Department approach promotes voluntary ergonomic guidelines rather than mandatory rules to cut repetitive stress injuries. OSHA will develop guidelines for high risk industries, bolster enforcement, fund training, and run outreach including a focus on Hispanic and immigrant workers, while unions and Democrats criticize the plan as inadequate.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Congress
Bush
Randy Johnson
U.S. Chamber of Commerce
Edward M. Kennedy
D-Mass
Senate Health, Education, Labor and Pensions Committee
Occupational Safety and Health Administration
Occupational Safety and Health
John Henshaw
Dan Danner
National Federation of Independent Businesses
Elaine Chao
OSHA
Organized Labor
Afl-Cio
John Sweeney
Henshaw
Senate
Beverly Enterprises Inc
Osha.gov
Study shows improvement in airline service
Washington AP reports airlines improved customer service as on time arrivals increased and mishandled bags and bumps decreased after September 11. The study by Dean Headley and Brent Bowen cites 77.4 percent on time in 2001, down from 72.6 percent in 2000, and notes lower complaints and better ground and air experiences amid security emphasis. Alaska led in passenger service. Delta dropped, TWA rated last.
MENTIONED IN THIS ARTICLE
Washington
Dean Headley
Wichita State University
Alaska Airlines
Delta
TWA
American Airlines
America West
Ing
United Airlines
Susana Leyva
Congress
Transportation Department
Also Mentioned on This Page
Business News
Datek Online
PA Ore
Fock
Spacia
Fauna Road
Lebo
Kansas
Aaa
SM America
Dodge
KensassmpemMay
Ceat
Mercury
Ford Crew
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