Target Opens 43 Stores
Minneapolis On Sunday, Target celebrated the grand opening of 43 stores. The stores were located across the country in 19 states. California welcomed the newest Target stores, with nine grand-openings in that state, followed by Florida, where five Target stores opened.
Blockbuster tests Movielink service
DALLAS Blockbuster has integrated its Movielink video-download service, which it bought a year ago and has asked 500 customers to test the program.
According to reports, the testers were selected from Blockbuster’s Total Access members as a way to thank them for their business and to learn where they thought the new service might need to be improved.
The formal launch of the Movielink service is expected to take place sometime in August. Blockbuster will charge $2 and up for each movie rental and $8 and up for each movie purchase.
Study: Sporting goods sales up 4% in ’07
PORT WASHINGTON, N.Y. Worldwide sales of sports equipment, apparel, and footwear increased a healthy 4% to $278.4 billion in 2007 according to a new report from The NPD Group.
According to the report the Unites States’ share of the market decreased from 40% to 36% mostly due to weakness in the dollar. Conversely, Europe increased its market share based on the strength of the Euro and in spite of slow sales growth in Europe, which were up 2%.
Despite its slowing economy, the United States posted the highest growth rate among the top six developed countries, showing a 3% gain in the sports market.