Wendy's scrapping eight month ad campaign amid weak sales
Wendy's International will discontinue its eight month advertising push built on red wig pigtails after weak sales. The campaign debuted during American Idol and used humor to promote made to order food and unfrozen beef. The new slogan presented at the Orlando convention is It's waaaay better than fast food. It's Wendy's.
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Columbus
Wendy's International Inc
Wendy's
Dave Thomas
Bob Holtcamp
Wendy
Thomas
Orlando
Fla
Wendy’s
Trickle Down Recession Hits Affluent Shoppers Hard
The article notes that cutbacks by wealthy households ripple through the economy, hurting retailers and low‑income workers. Limo driver Nathan Warren reports a 40 percent drop in monthly wages to about 1800 dollars, while luxury brands like Tiffany and Burberry warn of slower profits. Analysts say top 20 percent account for about 40 percent of consumer spending, intensifying the spillover effect on jobs, tips, and demand.
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New York
Nathan Warren
Newport Beach
Calif
Michael P. Niemira
International Council of Shopping Centers
Niemita
Dali Wiederhoff
Reno
New
Wiederhoff
Jimmy Choo
David Yurman
BMW
Ford
Tiffany & Co
Williams-Sonoma Inc
Burberry PLC
Coach Inc
Compagnie Financiere Richemont SA
Cartier
Baume & Mercier
American Express Co
Warren
Jason Lattier
Lattier
Chicago
Montepoli Custom Clothiers
Jeff Landis
Sears Holdings ousts CEO Aylwin Lewis in restructuring bid
Sears Holdings Corp. abruptly announced the departure of president and chief executive Aylwin B. Lewis, leaving a top management void as it pursues a high stakes restructuring to win back customers and revive sagging sales. Interim CEO W Bruce Johnson named while a permanent successor is sought.
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Chicago
Sears Holdings Corp
Aylwin B. Lewis
Edward S. Lampert
Lewis
Yum Brands Inc
Lampert
Kmart
Sears
W. Bruce Johnson
Monday
Chiquita sales rise as debt refinancing eyed
Chiquita Brands International reports a 6 percent rise in fourth quarter sales to 41.2 billion and projects operating income of 6 to 16 million as it revisits debt refinancing. For 2007 revenue climbs 4 percent to 4.7 billion with 62 to 72 million in operating income. Shares gain 6 percent to 18.44 while the company outlines a restructuring to cut costs and jobs. It also explores alternatives for Atlanta AG and notes the firm employs about 25,000 in over 70 countries.
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Chiquita Brands International
Chiquita
Atlanta AG
Way Asta
Dow Industrials
Dow Transportation
Dow Utilities
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Russell
Wilshire
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Pfizer NY
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TimeWern NY
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WalMart NY 1A
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Wendys
Yahoo
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NYMX
New York Mercantile Exchange
Les Chicago Board of Trade
CME
Chicago Mercantile Sugar World
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New York Board of Trade
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Landis
Milton Pedraza
Luxury Institute
Jim Taylor
The
Harrison Group
Taylor
Jeffrey Landis
Montopoli Custom Clothiers
Sears Holding Corp
Sears, Roebuck and Co
Sears Holdings
Johnson
Daiey Dow Dones
Now
Jones Industrials
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