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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.

Gregg Kail, Former Reseller Manager

Gregg KailFormer Reseller ManagerAT&T CORP. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Sony Has to Diversify Distribution like Apple

September 26, 2009

Sony's Latest Gaming Device Cuts Out Retailers | www.cnbc.com

Sony is probably not cutting out retailers as much as facing the market realities of retail shelf space and diversifying to build brand loyalty with online engagement

GM - REVA Agreement a Practical Step for GM in Electric Vehicles

September 26, 2009

GLG Expert Contributor

GM, Reva tie up for electric vehicles | www.business-standard.com

GM is taking a practical approach to expanding its electric vehicle product technology and consumer experience in a market where there is limited existing infrastructure that favors fossil fuels over electric vehicles.

Jack Sayer, Managing Partner

Jack SayerManaging PartnerSayer Partners LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

GM; Looks To Get The Jump On Imports With Electric Car In India

September 25, 2009

GM, Reva tie up for electric vehicles | www.business-standard.com

The development of small electric vehicles offers tremendous growth potential for the automotive industry, and General Motors, is getting the jump on its competitors by developing EVs for sale in India.

Wynn Resorts becoming "more Chinese" with Hong Kong IPO

September 24, 2009

GLG Expert Contributor

Wynn Resorts upbeat about Hong Kong IPO | www.ft.com

By floating the Wynn Resorts Macau IPO on the Hong Kong Stock Market, Steve Wynn hopes to become more tightly integrated with the Chinese gaming and financial communities.  The Financial Times reports that the offering makes Wynn Resorts the first American-based company to establish a presence on the Hong Kong Stock Exchange.  This strategy helps Wynn not only become more successful with the Chinese market in Macau over the near term, but in Las Vegas over the long term.

David Maloni, Principal

David MaloniPrincipalARA Trading Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Ground Beef and Trimming Prices May Soon Change for Restaurant Chains

September 24, 2009

Costs eating less into restaurant profits | online.barrons.com

Typically the impact of a rising Australian dollar is a deterioration in US lean beef imports which can be bullish for the 90% beef trimmings market.  The Australian dollar made 13 month highs this week.

Martin Brill, Managing Partner

Martin BrillManaging PartnerSweetwater Consulting LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Improved Gross Margin and Lower Costs Trump Same Store Sales For Holiday

September 23, 2009

Holiday Forecasts See Sales Down, Profits Up | www.wwd.com

Same store apparel sales for holiday 2009 will likely be flat or down but those retailers with improved gross margin and sharply reduced expenses are positioned to win big once consumer confidence returns.Improved product development strategies, sharper merchandising, greater speed to market and well managed inventory levels are the keys to greater gross margin in what will likely be another highly promotional holiday retail environment.

Ebay delves into the outlet business

September 23, 2009

GLG Expert Contributor

EBay introduces outlet section to its website to attract retailers | www.retail-week.com

EBay recently introduced eBay OUTLET on its UK site.  This new addition to the eBay platform sells merchandise at up to 70% off retail prices from various brands that have their own shop-in-shop presence on the site.  This marks one of the company's attempts to attract larger retail sellers to its site.  Additionally, it is eBay's current foray into the very popular and saturated overstock market.

Jack Sayer, Managing Partner

Jack SayerManaging PartnerSayer Partners LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Cash For Clunkers New Car Incentives Helped Used Car Giant CarMax

September 23, 2009

CarMax Raised To Neutral From Sell By Pali Capital>KMX | online.wsj.com

While used cars didn't qualify under the federal Cash For Clunkers program, CarMax credits the program with spiking traffic at its stores. As the theory goes, some new car buyers who didn't qualify for the new car credit turned to CarMax's used cars to scratch the car-buying itch.

China's Geely & Beijing Automotive announce their ambitions !

September 23, 2009

GLG Expert Contributor

China’s Geely, Beijing Automotive Target Volvo, Saab | www.bloomberg.com

1.These bids clearly show that these manufacturers have Europe in mind as a future market in the future.2.The best way to really acquire technology is to acquire the company where this resides- hence the bid.

Cathy Stauffer, Founder

Cathy StaufferFounderCathy Stauffer Consulting What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Amazon Branded Accessories Should be a No Brainer For Buyers

September 22, 2009

Amazon starts own consumer electronics brand | www.videobusiness.com

Amazon's house brand of CE accessories should translate into incremental revenue and profit and higher customer satisfaction.  Having the right accessories from the moment consumers set up their electronics, backed by a retailer they trust, in packaging that's very easy to open (don't underestimate the aggravation factor traditional accessory packaging causes), at great value, is all good for Amazon and their customers.

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