Thursday, August 17, 2006

Quick Notes - Thursday

Just what we need: More advertising overload. No, media's not fragmented enough yet, consumers aren't already tuning everything out -- we need still more advertising, so what we ought to do is turn the checkout conveyor belt into an ad.

A bad week in Bentonville: "... on the same day that Wal-Mart has reported its first overall profit decline in a decade, second-quarter results for its U.K. business on Tuesday were also not quite the vote of confidence the company was hoping for. In a pre-recorded conference call, Wal-Mart said the cutthroat competition of Britain's grocery market had effectively gnawed into Asda's margins, leading to lower-than-forecast profits."

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