Lampert’s Tough Message: “A Different Challenge”
March 25, 2005
With his $12.3 billion acquisition of Sears now approved, Edward Lampert is already prodding Sears chief exec Alan Lacy and company to roll up their sleeves and get to work challenging the likes of Wal-Mart, Home Depot, and Target.
Recent News
Trader Joe’s Recalls Organic Basil Product Linked to Salmonella Outbreak
The company’s Infinite Herbs Organic Basil product is recalled due to a possible salmonella contamination.
Procter & Gamble Reports Mixed Results After Price Hikes
Procter & Gamble’s recent quarterly results showed a mix of gains and setbacks. Despite facing challenges in attracting shoppers due to increased prices over the past two years, the company managed to exceed earnings expectations.
JetBlue and Southwest Airlines Collision Narrowly Avoided at Reagan National Airport
An air traffic controller instructed one plane to cross the runway at the same time a second plane was taking off.
Apple Removes WhatsApp and Threads From China App Store
Apple has taken down WhatsApp and Threads from its app store in China due to an order from the country’s internet regulator over national security concerns.