Ringside seats

Article Abstract:

The largest video rental chains in the US are upping their marketing efforts as they scramble to boost their respective shares of the video rental market. Observers noted the increasing competition among video rental stores will allow consumers to get better deals. Blockbuster, which operates 6,000 stores around the world, has seen offering low-priced deals on mid-week rentals since fall of 1997 as well as guarantees, such as giving customers who fail to get a copy of a movie on a select list, since February 1997. Hollywood Video, which has been offering guarantees and five-day rentals for years, said it will build larger stores and offer more titles.

Comment:

Largest video rental chains in US are upping marketing efforts to boost their respective shares of video rental market

Prerecorded Tape, Compact Disc, and Record Stores, Videotape Sales & Rental Stores, Video stores

---

PPG gets a piece of British takeover

Article Abstract:

PPG Industries, a Pittsburgh, PA-based manufacturer of glass, paints and chemicals, has declared it will buy the packaging coatings and US architectural coatings businesses of London, UK-based Courtaulds Plc for $285 million. PPG Industries, which originally intended to buy the entire coatings business of Courtaulds, will absorb only a small portion of the business. Majority of the Courtaulds coating businesses will be acquired by Akzo Nobel N.V. The acquisition is in line with PPG Industries goal of boosting its sales to $10 billion by 2000 from its current sales of approximately $7.38 billion.

Comment:

To buy packaging coatings and US architectural coatings businesses of London, UK-based Courtaulds Plc for $285 million

United Kingdom, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Plastics Material and Resin Manufacturing, Paints & Allied Products, Paint and Coating Manufacturing, Coating Resins, Coatings, Paints, PPG Industries Inc., Courtaulds Plc

---

Wheelin' and dealin'

Article Abstract:

The US automotive retail market is presently in a state of flux. Ford Retail Network spokesman John Ochs indicated that the pace has surpassed the rate of change of the past 15 years. Ochs also noted that customers expect more from the industry now. Car buyers can only avail of low prices from car dealerships if retailers band together. The large used car retail chain CarMax is acquiring vehicles despite difficulties in selling them to the public. The company is trying to build up an inventory of cars that appeal to residents in the area.

Comment:

Is acquiring vehicles despite difficulties in selling them to the public since it is trying to build up an inventory of cars

Used Car Dealers, Used automobile dealers, CarMax Inc.

Similar abstracts:

• Abstracts: Rolling the dice. Betting on it
• Abstracts: Airline union gets new team for talks. Airline warns of labor-deal deadline. US Airways unions reject 23% pay cut
• Abstracts: Behind the lens. Crescent city connection. Graduate Exit Exam (spring 2006) percentage of students at each achievement level, grades 10 and 11
• Abstracts: Transformed. EchoStar lined up for old mill site

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.