Despite not having the best year for ad revenues, Condé Nast Publisher Bill Wackerman remains confident. He recently told the New York Post, “Although we’re losing pages, our market share is up. Market share is the new up.” NY Post (July 2, 2008)
Cygnus Business Media is passing up on the soft M&A market and exploring a potential sale, according to its co-CEOs, Tony O’Brien and Carr Davis. Davis says that the company has been approached several times and is currently exploring “a process.” While the company is not officially up for sale, is still listening to different [...]
Publix Super Markets have agreed to purchase 49 Albertsons stores from Albertsons LLC, Boise, Idaho. While the terms of the transaction are not disclosed, Publix is buying 30 locations in central Florida and 4 locations in southern Florida. The grand opening for each store will depend upon how much remodeling is necessary for [...]
Aldi opened environmentally friendly store in East Syracuse, N.Y. on Monday. The store boasts LED lighting in the coolers, more efficient refrigeration technologies, and a 30% reduction in utilities. Aldi also has a “no bag” policy in order to reduce unnecessary waste. The store is intended to showcase the chain’s new [...]