The Mouse that whimpered

Article Abstract:

Disneys's retail stores have posted a $34-million decline in sales for the first nine months of 1999, compared to th year-ago period. The company's 714 premium-price retail stores have been losing their market share as consumers turn to discount retailers such as Wal-Mart, Kmart and Target where Disney-licensed merchandise made by main-licensee Mattel are selling at lower prices. The downtrend has been attributed to the large number of Disney stores and to increased competition from other premium-price retail stores.

Strategy & planning, General Merchandise Stores, Retail stores, Disney Store Inc.

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Publishers' bids for book by GE's Welch hit $7 million

Article Abstract:

US book publishers have expressed their willingness to pay as much as $7 million for the right to publish the memoirs of General Electric CEO Jack Welch. The price tag, which will be the biggest amount ever to be paid for a non-fiction book, was achieved in under three days in a book auction. The eventual winner in the book auction, which includes audio as well as soft- and hard-cover rights, is now a contest between Warner Books and HarperCollins.

Book Publishing, Book Publishers, Publishing industry

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'Black Enterprise' marks 30 years

Article Abstract:

'Black Enterprise' magazine, founded by Earl Graves in 1970, is celebrating its third decade of existence. The magazine was established as a way of giving form to the struggle of African-Americans to move beyond traditional jobs and into corporate America. After 30 years, the magazine reports that African-Americans have moved beyond the career expectation of the 1970s and are represented in almost all business sectors in the US.

Periodicals, Periodical Publishers, Periodical publishing

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