Word: wal
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...discuss why iTunes is not offered in Asia, saying they don't talk about future marketing plans in the press. But according to industry experts, the added complexity of licensing music and handling digital rights in unfamiliar territories and fractured markets has dissuaded heavies such as iTunes, RealPlayer and Wal-Mart from catering to Asian users for now. Rampant online piracy in places like Taiwan and South Korea also means that many recording labels in Asia still view the Internet as an enemy, not a sales opportunity. They don't want to license tunes to online sellers, fearing songs downloaded...
...have only yourself to blame. Self-service kiosks--those ATM-like machines that let you check in at the airport or check out at the grocery store all on your own--are sweeping into more retailers and service spots. Big-box stores like Home Depot and Wal-Mart are rolling them out, as are movie theaters, convenience stores, sports venues and even courthouses...
...Mizuho Holdings?to extend additional credit at crucial moments in order to keep it alive. UFJ is urging Daiei's management to accept assistance from the Industrial Revitalization Corporation of Japan (IRCJ), a state-backed bank designed to overhaul Japan's most hapless companies. Meanwhile, U.S. retailing juggernaut Wal-Mart, which already owns 38% of Japanese retailer Seiyu and is looking for a greater presence in the country, has met with the IRCJ and confirmed that it is interested in taking a stake in Daiei...
...Daiei's owners, who face an early-September deadline for settling on a restructuring plan with the company's three lenders, are fighting to retain control by vigorously opposing both the IRCJ's and Wal-Mart's intervention. But with blood in the water, Japanese retailers Ito-Yokado and Aeon have expressed an interest in Daiei, too, leading analysts to predict that there could also be a takeover battle brewing in the retailing sector...
...grown quieter, charging that grocery chains are retaliating by canceling orders. "The markup is so outrageous, they don't want anyone messing with it," says a tomato grower. Luis Rodriguez, a consultant for Florida Farmers Inc., an advocacy group, says he listened in on a conversation in which a Wal-Mart official told a supplier that he planned to stop buying from farmers promoting mandatory labeling. Says Rodriguez: "These guys are scared." A Wal-Mart representative denied any intimidation...