Industry News

Maruti Suzuki India Ltd on Wednesday said that it will start selling its first light commercial vehicle-- Super Carry--towards the end of August on a pilot basis. Initially the vehicle will be sold in Ahmedabad, Kolkata and Ludhiana, the company said in a statement. Maruti Suzuki was forced to go back to the design board and reconfigure the product after misreading the market as it failed to understand the load factor in the segment."/>
Maruti starts pilot sale of its LCV after two years of delay [Mint, New Delhi]
Nordstrom Inc. the green light to buy the land the Seattle-based retailer has been leasing for two decades. However, the retailer won't be closing on a sale until final approval comes from the Federal Aviation Administration. Cedar Rapids City Council on Tuesday approved the company's request to buy the 46 acres of land-- 7700 18th St."/>
BRIEF: Cedar Rapids approves land sale to Nordstrom [The Gazette, Cedar Rapids, Iowa]
Marcus ® Hotels& Resorts, a nationally recognized hotel management company and division of The Marcus Corporation, announced today that it will offer meeting planners two ways to earn Hilton HHonors Points when booking future events at the downtown Milwaukee hotel now through July 31, 2017.. This Smart News Release features multimedia. View the full release here:..."/>
Meeting Planners Can Become One Million HHonors Points Richer by Booking Events at Hilton Milwaukee City Center
Synchrony Financial, a premier consumer financial services company with more than 80 years of retail heritage. The Container Store Credit Card will provide financing options for the purchase of the retailer’ s more than 11,000 products, customized variety of services and..."/>
The Container Store Launches Customer Financing Through Private Label Credit Card Program
Vuzix ® Corporation, a leading supplier of Smart-Glasses, Augmented Reality and Virtual Reality technologies and products for the consumer and enterprise markets, is pleased to announce that the Company is partnering with Amimon, developer of the industry's first all-digital HD drone vision system- the Connex ProSight, to sponsor an international drone racing team. This team will compete in select racing events worldwide using Vuzix..."/>
Vuzix and Amimon Announce Joint Sponsorship of International Drone Racing Team
Jack in the Box Inc. will report third quarter fiscal 2016 operating results after market close on Wednesday, August 3, 2016, and the company will host a conference call to review the results on Thursday, August 4, 2016, beginning at 8:30 a.m. PT. The call will be webcast live over the Internet. To access the live call through the Internet, log onto the Jack in the Box Inc. investors page at http://investors.jackinthebox.com at least 15 minutes prior to the call in order to..."/>
Jack in the Box Inc. to Webcast Third Quarter Fiscal 2016 Earnings Conference Call on August 4
Talon International, Inc., a leading global supplier of zippers, apparel fasteners, trim and stretch technology products, announced that it has named Daniel Ryu as Chief Strategy Officer. Ryu has more than 25 years' experience in the apparel and accessory industry, serving in various roles ranging from Strategic Planning, Operations and Finance. He most recently served as C.O.O. of Apparel at Fanatics, Inc., a rapidly growing, profitable apparel division in..."/>
Talon International, Inc. Announces New Chief Strategy Officer
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with Vision Developments Inc. for a Hyatt Centric hotel in Carlisle Bay, Barbados. Hyatt Centric Carlisle Bay, Barbados is expected to open in 2019, and will mark the first Hyatt-branded hotel on the island of Barbados."/>
Hyatt Announces Plans for a Hyatt Centric Hotel in Barbados
Amazon.com in one convenient location, including everything from smart herb gardens to virtual reality headsets and more. Startups featured in the Kickstarter Collection include Piper, Zivix, Prynt, and MudWatt, among others. SEATTLE----– Amazon Launchpad announced today the creation of a Kickstarter Collection, featuring more than 300 Kickstarter products available for purchase on..."/>
Amazon Launchpad Announces Kickstarter Collection
Norwegian Cruise Line announced today that it has commissioned renowned Chinese artist Tan Ping to design the artwork to be featured on the hull of its soon to-be-unveiled Breakaway-Plus class vessel Norwegian Joy. Scheduled for release in Summer 2017, with home porting in Shanghai and Beijing, Norwegian Joy will be Norwegian Cruise Line's first ship that is purpose-built for the Chinese market to deliver on the promise that guests will..."/>
Norwegian Cruise Line's First-Ever Ship For China To Feature Custom Artwork By Chinese Artist Tan Ping
Office Depot, Inc., a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced the launch of the Realspace ® Modern Comfort Series, an exclusive line of stylishly designed office chairs that utilize cutting-edge technologies in comfort seating. This new line features a range of seating..."/>
Office Depot, Inc. Launches the Realspace Modern Comfort Series: Exclusive Line of Office Chairs Designed with Modern Style and Advanced Comfort Technologies
Amazon.com today announced plans for a more than 800,000- square-foot fulfillment center in Jacksonville, Fla. Amazon will create more than 1,500 full-time jobs at the site when the fulfillment center opens. “Becoming a member of the Jacksonville community is very exciting for us as we grow our presence in Florida."/>
Amazon Continues to Grow in the Sunshine State: Company Creating 1,500 Full-Time Jobs at New Fulfillment Center in Jacksonville
Gannett Co., Inc. today reported second quarter 2016 results of operations. Net income of $12.3 million."/>
Gannett Reports Second Quarter 2016 Results of Operations
Ameriprise Financial's second-quarter operating earnings fell 12.7 percent to $379 million, or $2.23 a share. Net income fell 19.3 percent to $335 million, or $1.97 a share, the company reported after the market closed on Tuesday. Operating earnings, which the company believes best represents the economics of the company, included after-tax adjustments of 17 cents per share for unfavorable items."/>
Ameriprise earnings drop in second quarter [Star Tribune (Minneapolis)]
Buffalo Wild Wings beat expectations with higher profits in the second quarter, but same-store sales stayed negative and are not expected to even out until the end of the year. Buffalo Wild Wings said its second-quarter profit rose 10 percent, as cost-cutting offset continued pressure on revenue. The restaurant chain said it earned $23.7 million, or $1.27 a share, 2 cents more than the consensus of analysts surveyed by Thomson Reuters."/>
Buffalo Wild Wings announces higher profits, but per-store sales remain under pressure [Star Tribune (Minneapolis)]
Black Diamond Equipment, a global innovator in climbing, skiing, mountain sports equipment and apparel, and a subsidiary of Black Diamond, Inc., has appointed Rick Vance as director of quality, effective August 1, 2016.. Vance will oversee all aspects of Black Diamond Equipment’ s quality policy, controls and processes. This includes controls and practices within Black Diamond Equipment’ s Salt Lake manufacturing operations and the integration of the..."/>
Black Diamond Equipment Appoints Rick Vance as Quality Director
Wingstop fans to win nearly $5,000 in exclusive prizes is happening this Friday. Plus, in-restaurant giveaway of five free wings with any wing purchase during lunch. DALLAS, July 27, 2016-- Wingstop, Inc., the award-winning wing concept with more than 900 locations worldwide, is celebrating National Chicken Wing Day by giving away free wings at all of its participating U.S. restaurants and thousands of dollars’ worth of prizes on Periscope."/>
Wingstop Launches the World’s First Heart-to-Win Auction on Periscope in Celebration of National Chicken Wing Day

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