Unstructured Finance

Chicago Tribune treats Cyber Monday shoppers – in stores

November 30, 2009

The Chicago Tribune is giving the gift of a free issue to Cyber Monday shoppers.  Online, right?  Wrong.  This free newspaper (a 75 cent value) only applies to shoppers who actually venture out to stores today.

Adelson splashes the pot in Asia

November 30, 2009

Sands China’s weak debut in Hong Kong – a first-day drop of 10 percent – was the fourth-worst launch on that market this year, but came as little shock to analysts who were betting against the Asian gambling play. Rival Wynn Macau is down 5 percent since listing in October.

Check Out Line: It’s the most worrisome time of the year

November 30, 2009

macys-black-friday-2009Check out U.S. consumers spending less.

More shoppers flocked to stores over the Thanksgiving weekend (like these shoppers heading into Macy’s at 5 a.m. on Black Friday).  However, they spent a lot less per person than last year.

DealZone Daily

November 30, 2009

Pubs operator Mitchells & Butlers will ask Britain’s takeover watchdog to rule whether rebel shareholders are attempting to gain control of the group after they blocked the appointment of a chairman.

Black Friday is a flat-screen TV

November 29, 2009

lcdAmericans were united this weekend in the hunt for cheap electronics. It looks like the biggest Black Friday deals out there were for flat-screen televisions at around $400 (remember when $1,000 was considered a discount?) and laptops under $500.
“Last year, Blu-ray players that were selling for probably $200 were selling for closer to $130 this year. Television sets that were selling for $599 last year were selling for $399 this year,” said Scott Krugman, a spokesman for the National Retail Federation.

Black Friday: The Ecstasy and the Agony

November 28, 2009

black-friday-targetThe annual ritual began with all the proper signs. Shoppers lined up before midnight on Friday. Some wore pajamas, others imbibed hot coffee or alcohol. Store managers straightened rows of sweaters and blew dust mites off flat-screen TVs while their doors remained closed. 
Then the rush started.
There were fights over toy hamsters, a clamor for laptops under $500 and even a leather jacket or two was purchased. Retailers prayed and tried to banish the ghosts of a terrible 2008.

Black Friday: That time when retail CEOs don’t shop

November 27, 2009

best-buyHow important is it for top executives to know what their customers think of the businesses that they run? Most agree that it helps, but on Black Friday, chief executives of two of the country’s most popular venues for frenzied, over-caffeinated shoppers said they don’t shop at their stores at that time of year.

Black Friday: Chase pursues a (very) direct marketing plan

November 27, 2009


You can spend millions of dollars on an advertising campaign if you have something to sell. Alternately, you can try some cheaper experiments and hope that downmarket charm trumps slickness.

Black Friday: Tourists rescue New York

November 27, 2009

times-squareThough many New Yorkers complain that tourists are underfoot and in their way, retailers across the city see them, and their strong euros, pounds and Canadian dollars, as a blessing.

Black Friday: First Blood Part II

November 27, 2009

hamstersWe were wondering earlier today how much longer it would take until customers shopping for Black Friday deals got rowdy. We told you about one shoving match in Centennial, Colorado, that involved dropping a little old lady. Now we have a “disturbance” at a Walmart store in Upland, California, near Rancho Cucamonga in Southern California’s Inland Empire. What motivates some of these attacks? Toy hamsters! (See our earlier entry on this phenomenon. Also, look toward the bottom of this blog entry.)