Word: retailed
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...Shih had plenty of reasons for pessimism. The brutally competitive computer industry last year claimed even mighty IBM, which sold its PC division to China's Lenovo. But Acer has not only survived; it is thriving. After an embarrassing retreat from the vital U.S. retail market in 1999, Acer has since rebounded to become the No. 5 computer brand in the world. While global PC sales were up 14.7% overall last year, Acer grew at a 34.5% clip, meaning the company is gaining ground on the top four: Dell, HP, IBM and Fujitsu Siemens. "Most people couldn...
...Francisco-based Pacific Telesis has established a significant presence in several new markets. It owns a small computer retail chain and publishes city tourist guides. A year ago, the firm agreed to buy Communications Industries, which markets radio paging equipment and car phones, for $431 million. It is the most expensive acquisition--some industry analysts have called it too expensive--yet made by one of the Baby Bells. As a result of the purchase, Pacific Telesis should generate $800 million of its expected $9.4 billion in revenues this year through ventures other than local telephone service...
...winemakers, Ernest and Julio Gallo of Modesto, Calif., have filed suit in U.S. district court in Fresno against their younger brother, Joseph Gallo, for alleged trademark infringement and unfair competition. Reason: since 1984, Joseph, a longtime California-based wholesale producer of meats and cheeses, has been marketing a retail brand under the name Joseph Gallo cheese...
...Giannini and eventually was spun off as an independent after Congress passed a law that mandated the divestiture. Pinola's dream is to rejoin his twelve-state regional firm with BankAmerica's single-state, 895-branch sprawl to become what one First Interstate executive calls the "premier retail bank in America." Pinola's idea of the new company's competition, as he told TIME last week, includes not only other banks, but "Sears, General Motors and everybody else who will be involved in the lending business...
...club has attracted a cultlike following, partly because its hosts chat with callers on the air. "Well, Laura, can you believe this price?" asks Circosta of a caller from Sandusky, Ohio, as he displays a unicorn-shaped pendant and earring set, marked down from a "suggested retail" of $35 to $7.75. When callers sign off, Circosta salutes them with a toot from the program's trademark: a rubber-bulbed horn. It may be corny, but the recipe works. HSN's net sales for the fourth quarter of fiscal 1986 hit $53.4 million, up from $4.9 million during the same period...