GLG News in Consumer Goods & Services

CAL is the first to report September traffic and it is NOT pretty, while capacity was cut - traffic declined even further. There will be more cuts to come as load factors fall across the US System. CAL is one of the airlines better positioned to handle the downturn so their numbers are likely to be at the better end of the results.

Legislation Restricts Drug Stores Unfairly Legislation Doesn't Make It Harder to find Cigarettes, just more Inconvenient  Smokers will easily adapt to Law; no consumption reduction

The current cash crunch for auto makers, dealers and OEMs is having a significant impact on vehicle shoppers, even those with good credit.

Study after study has proven that shoppers who browse, search and research online first and then buy in-store, spend more and return less.   The fact that 75% of multi-channel consumers prefer to move from clicks to bricks when shopping, while 7% reverse the direction is VERY good news for retailers, and the smartest retailers are making it as easy as possible for their customers to make the...

Circuit City has passed being just another mediocre company that needs to be patched up.  Management needs to drastically down size this company or liquidate its assets.  Here's why 

Multichannel retailers are driving shoppers for apparel, footwear and accessories to their stores after they find what they want online. This trend is so strong, that multiple electonic channels such as mobile and the Internet will influence 40% of retail sales by 2012.

As single brand dealership stores fail so does the OEM brand image. You can spin it anyway you like; Independent Dealer, poor management, bad financial risk but at the end of the day perception is reality.

In addition to loosing hundreds of millions of dollars and significant market share, letting things get so bad for so long has resulted in CC loosing control - now it's largely up to others if CC will survive.  1. Vendors - at this point vendors are on top – without vendor support there will no reason for consumers to come in. 2. Consumers - CC management is talking about regaining...

It is increasingly evident that acquisition of land for setting up factories can no longer be entrusted solely to Governments(i.e. politicians and the bureaucracy).Doing so, as the Tatas are finding out today,is an expensive simplification of a complex process. Given the low credibility for integrity of politicians,new land users adopting this route unwittingly set themselves up as targets for...

The credit crunch that is keeping consumers away from car dealerships in September will have a fallout that results in September vehicle sales at their lowest levels since 1993.