Wal-Mart is launching a fresh advertising campaign to lure back American shoppers who have turned to other retailers to look for more bargains. The U.S. retail chain has seen its sales decline since it removed some items from inventory to focus on less products. With the new slogan “Low Prices. Every Day. On Everything” the […]
Organic food labeled and packaged as such brings about the belief in shoppers that these products are tastier and healthier than regular food items, a new survey reveals. To test the perception of 144 people regarding organic food, a graduate student researcher at Cornell University asked them to rate yogurt, cookies and potato chips […]
Radiation in milk samples in California and Washington has raised fears that the Japan radiation is spreading beyond the water supply into food products in the United States. A Spokane, Washington milk sample showed traces of radioactive iodine-131 in March 25, but health officials said the amount found was 5,000 times lower than what is […]
Japanese food including noodles, seafood, snacks and other processed products will be monitored for abnormal radiation levels, the U.S. Food and Drug Administration said in a statement. The agency said it is considering measures that “may include increased and targeted product sampling” of imported Japanese food because of the nuclear crisis in Japan. “FDA will […]
High food prices are about to get even higher in the coming months and American consumers are bracing to skimp with their grocery spending. About 14 percent of the household budget in the U.S. is allocated for food. Wholesale prices grew to their fastest pace in 36 years in February with adverse weather conditions largely […]
iTunes downloads can soon be accessed by users in multiple devices using a single account according to Bloomberg sources. Apple Inc., which owns and operates the iTunes service, is reportedly in talks with record labels to provide the value-added service in the face of increasing competition from other online companies offering streaming music. Warner Music […]
Playstation 3 units were confiscated last month by authorities in the Netherlands in relation to a patent infringement suit filed by LG Electronics Inc. of South Korea. This was confirmed today by Yasuhiro Okada, a spokesman of Sony Corp. He did not disclose the number of PS3 game consoles that were taken by Dutch customs […]
Borders books on sale attracted plenty of shoppers to about 200 Borders locations nationwide, as the outlets start to clear out inventory before they close due to bankruptcy. The closing stores represent about a third of all Borders locations. In Southern California alone, 21 outlets will be closing by April. Over the weekend, book lovers […]
U.S. shoppers seemed undeterred by heavy snow storms in recent weeks as strong store sales carried momentum from the holidays well through January. Major retailers Costco, Macy’s and Victoria’s Secret reported strong sales last month as consumer spending continued to pick up in a sign of economic recovery. Other indicators such as the decline in […]
Nintendo 3DS, the newest handheld game console from Japanese company Nintendo, will hit the market next month ahead of plans by rival Sony to launch a new variant of its PlayStation Portable gadget. Satoru Iwata, the President of Nintendo, said his company is not at all concerned about Sony’s plans because it believes the Nintendo […]
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