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Consumer Goods & Services News by GLG Council Members

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Analysis of: General Motors Leads The Dow Down (GM) (community.investopedia.com)
 When given a second chance, you must be spot on. GM did what is inexcusable...it bet on long shots. It built a greed based, flash in the pan offering, that is now , laughable.    Over priced indulgences, Hummer,Suburbans etc etc... The company is down the toilet with no one able to defend it's unsaleable inventories...gas hogs, excesses in every composite.  1970's G.M. found...
James "Jim" Rippy, Senior VP of Manufacturing
James "Jim" Rippy, Senior VP of Manufacturing
Continental Tire North America, Inc.
Analysis of: GM, Ford SharesHit New Lows As Sentiment Fades Further (online.wsj.com)
Two weak companies with same failed strategy equals a diaster unless changes at top are part of deal.
David Workman, Executive Director
David Workman, Executive Director
PRO Buying Group
Analysis of: CREDIT Circuit City Loses Recommendation (www.washingtonpost.com)
Vendors will continue to support Circuit until at least the first part of December Companies will watch carefully the weekly trends over the next 45 days Vendors can easily create a "run on the bank" if one or two large suppliers change their terms significantly 
Analysis of: Beer drinkers sue to stop InBev-Bud merger (www.msnbc.msn.com)
A small group of beer drinkers band together to try and stop the largest merger ever in the beer industry by claiming it would create a monopoly and raise beer prices. Anheuser-Busch's current 50% market share already enables them to influence domestic pricing. The combination of InBev and AB does not alter the current pecking order of domestic breweries.
Analysis of: Krispy Kreme hopes ice cream heats up sales (www.msnbc.msn.com)
The namesake product is out of synch with consumer trends Soft Serve Ice Cream adds a daypart, not a full profit center Quality as criteria in site selecton and Distribution key to success
Cathy Stauffer, Founder
Cathy Stauffer, Founder
Cathy Stauffer Consulting
Analysis of: CREDIT Circuit City Loses Recommendation (www.washingtonpost.com)
Credit managers are extremely nervous right now about many things outside of their control.  One thing they can control is limiting their risk.  Making the decision to cut off, or fatally limit, the credit of a long standing and large customer like Circuit City may be a hard decision to make, but with this change in recommendation by credit rating firm Bernard Sands, it just got much ea...
Analysis of: We are not orphans out to get a home: Ratan Tata (economictimes.indiatimes.com)
Gujarat is an execllent choice for auto assembly plant. The climate in Gujarat is pro-business and has adequate supply of skilled and unskilled labor force. Gujarat has very good engineering and management schools to support major corporations and tier I and II suppliers. There is good number of ex-patriate enginners and managers would love to go back home and help auto industry grow. The natives...
Analysis of: Wealth breeds 'poverty of soul' (www.sacbee.com)
Problems caused by increasing affluence is causing major issues for Tribes and their members.
Jack Sayer, Managing Partner
Jack Sayer, Managing Partner
Sayer Partners LLC
Analysis of: GM, Ford SharesHit New Lows As Sentiment Fades Further (online.wsj.com)
For years it has seemed that one (or all) of the Detroit Three, Ford, GM or Chrysler could be doomed. None of the companies has been profitable for years. What is the next step?
Patrick Kelly, Managing Director
Patrick Kelly, Managing Director
Retail 1st
Analysis of: Land of Leather directors defer pay as profits dive 88% (business.timesonline.co.uk)
Land of leather's woes herald more than a downturn in the housing market and consumer big ticket jitters. The age of the "disposable" value driven leather sofa has come to an end. Customers were already growing tired of the edge of town shed format occupied by Land of Leather and fellow struggler SCS Frozen credit and significant cost price increases have put paid to Land of Leather's  value...
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