Netflix TV Show, Wal-Mart Expands in Chicago, Starbucks May Buy Peet’s
Netflix may be on the verge of acquiring its first original television series, “House of Cards,” a drama to be directed by David Fincher, according to
the New York Times.
The negotiations were first reported by Deadline.com, which said that the two-season, 26-episode commitment would be valued at more than $100 million.
Store Openings & Closings
- Wal-Mart plans to open two more new Chicago stores that it says will help put the company well on its way to creating 10,000 jobs in the city by 2015.
- Dunkin’ Donuts has signed a multi-unit store development agreement with Alex and Randy Fernandez and Gloria Lengyel for five restaurants in Polk County, Florida, with the first restaurant opening in 2012 and the remaining four units to be developed by 2016.
Mergers & Acquisitions
- Peet's Coffee & Tea Inc. is currently in talks to sell itself to rival and former associate Starbucks, according to dealReporter.com.
- After two years in the making, the Albert Lea, MN Hy-Vee store rolled out its “Blue Zones” checkout lane dedicated to healthy snacks in January 2011.
- Starting in September 2011, all 1,200 McDonald's UK restaurants will display the calorie content of all menu items displayed on menu boards, the point at which people choose their food.
Marketing & Advertising
- Bath & Body Works is giving fans the opportunity to put their own spin on the brand's PocketBac Hand Gel Sanitizers with the myPocketBac Design Contest.
- Coin-exchange kiosk supplier Coinstar has been testing a program in which shoppers can exchange their loose coins for supermarket-brand gift cards.
Stats & Research
- Overall satisfaction with smartphones and traditional mobile phones is considerably higher among owners who use their devices for social media activity, compared with satisfaction among owners who do not access social media platforms on their phones, according to the J.D. Power and Associates 2011 U.S. Wireless Smartphone Customer Satisfaction Study, Volume 1 and the J.D. Power and Associates 2011 U.S. Wireless Traditional Mobile Phone Satisfaction Study, Volume 1.
- In 2010, the average US prescription drug price increase was 6.9%, according to investment bank Barclays Capital, which analyzed the list prices of the 130 top-selling drugs by sales.
- In the one-year period from Q4 2009 to Q4 2010, Pew Research analysis shows foreign-born workers gained 657,000 jobs and native-born workers gained 685,000 jobs, meaning the unemployment rate dropped for both groups during this period.
- Motorola Mobility says it will start selling a Wi-Fi-only version of its Xoom tablet computer for $599 on March 27.