Blog Archives

JCPenney Backs Off ‘No Sale’ Promise

Filed under: Company News, JC PenneyBy Kim Bhasin

Months ago, JCPenney (JCP) CEO Ron Johnson and his team decided to take the word “sale” out of the company’s lexicon and replace it with “month-long value.”

It didn’t work at all, and now Johnson a…

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Shoppers to Name Their Own Deals on oBaz

Filed under: Technology, Economizer, Saving MoneyTired of getting offers for daily deals that have nothing to do with your real life? Now shoppers can join forces and create their own wish list of money-saving deals.

Launching Tuesday, Chicago-based …

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After Blockbuster Buyout, Will Dish Take on Netflix in Streaming Video War?

Most subscribers to Dish Network probably picked the satellite television provider based on its low cost. But now that Dish has purchased the library of one-time movie rental powerhouse Blockbuster, it’s poised to compete with t…

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Wendy’s/Arby’s Group Considers Spinning Off Arby’s

Wendy’s/Arby’s Group, the third-largest U.S. fast food company, said Thursday it is considering selling the Arby’s chain to focus on the Wendy’s brand. Arby’s is the second-largest quick-service sandwich chain in the U.S., but i…

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Is Rupert Murdoch About to Unfriend MySpace? News Corp Considers Sale or Spinoff

Social networking pioneer MySpace could find itself going solo again soon. Its owner, News Corp, is considering a potential sale or spin-off of the social network as it looks for a way to stem the tens of millions of dollars in …

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