"Darden Restaurants (DRI) has been struggling to make its brands relevant again as diners increasingly head to chains like Chipotle and Panera, where they feel they're getting restaurant-quality food without paying as much. As it looks for ways to catch up to shifting trends, Red Lobster this week started testing a 'pay-at-the-counter' concept at two locations near its headquarters." —The great divide between people who like to occasionally eat at a restaurant with table service and the food-obsessed coastal elite snobs grew a little wider this week, as mall chain stalwart Red Lobster began selling its Krab Dinners at the counter, McDonaldland-style.
Photo by Daniel Oines.
Apple, Google, Hewlett-Packard, Intel, Google, Chevron, Disney, Wells Fargo, Cisco, Oracle, KB Home, Yahoo, Qualcomm, Hilton, Oracle, eBay, Charles Schwab, Clorox, Adobe, Oracle … it seems like a lot of the world's top companies are based in California, including more than half of the NASDAQ technology index. But Texas Governor Rick Perry is the kind of man who knows things in his heart, and he won't let any fancy coastal-elite numbers and facts get in the way of what God tells Rick Perry in the dead of night.
That's why Rick Perry's comically dumb voice is featured on new radio ads aimed at getting Californians to move their [...]
Google's Android phones are used by more people, yet Apple's App Store sells 400% more than Google's online store for Android apps. How is this even possible? Consumer tech experts say it's because Apple started early and has stringent quality control and also has a whole lot of iTunes account holders who typed in their credit card information before they even owned a smart phone.
Consumers are more willing to fork over their money for an iOS app, because they know they’ll probably get their money’s worth, says app developer Zak Tanjeloff with DLP Mobile. “The App Store has a higher proportion of quality apps, thanks to the [...]
Citigroup CEO Vikram Pandit suddenly resigned this morning, which is a very big shock to the people who follow this kind of thing. But how does this affect you, the Citi consumer account holder? You still have to pay your credit card bills, sorry.
One of the problems with this innovative and cool approach by the Wall Street Journal to writing about Pinterest by writing about Pinterest on Pinterest (and it is!) is that there you can't address that, more than early Napster, more than Megaupload, more than any government-seized hip-hop blog, Pinterest is entirely copyright-infringement. It's just that, unlike with music and movies, there's no dumb and hostile industry lobby that represents, say, "every photographer everywhere." If there was ever a place on the Internet that made you think SOPA was a good idea, it'd be right here! But there is, in the Journal itself, a spiffy little paragraph [...]
For those of you who don't, somehow, do your private banking with Goldman Sachs, you won't see their just-issued report on the AOL purchase of the Huffington Post. For starters, they expect "retention compensation" to offset the Huffington Post's earnings—that the introduction of the Huffington Post will have no impact whatsoever on AOL's projected 2011 earnings. Although: "We view this acquisition as further solidifying AOL’s stance as an owner of valuable focused content channels, similar to cable networks…." Here comes the bonus: trashing Yahoo! "We consider this acquisition strategically valuable from the perspective of (1) brand building; (2) mobile distribution; and (3) differentiated content as it distinguishes AOL’s [...]
An impressive and scary percentage of the New York Times Company's revenue is from online advertising-27%. Looking back at our New York Times costs v. revenue chart since 2005, excerpted above, which shows from year to year how tight the margin has become between income and expenses, we now see an even further closing-in. Total revenues in the third quarter of this year: $554.3 million. Operating costs: $522.9 million. Here's one thing that's always upsetting: "Newsprint expense increased 19.6 percent, with 25.8 percent from higher pricing offset in part by 6.2 percent from lower consumption." Translated: paper is always costing more, always being bought less. And to [...]