For anyone who thought that mammoth megacorporations behaved anything like adults, they should just check out the Twitter account for Verizon, who saw fit tonight to have a little fun at the expense of Worst Company In America winner Comcast. [More]
Do you hate Bank of America? Well take today’s earnings report and wallow around in it like Ann-Margret in beans, becuse the bank has posted a loss of $1 billion before dividends to preferred shareholders—”When those dividend payments are included, the loss was $2.24 billion,” reports the New York Times.
Harry McCracken at Technologizer gathered a bunch of old press releases from technology companies and retailers and annotated them based on what we now know.
Check out these ridiculous corporate propaganda films from poor, sweet Circuit City, back when it was still struggling to differentiate itself from Best Buy in some way other than “worse.”
Watching this clip of a high-rolling lady who has to remove all her bags of designer clothing from her fancy Range Rover before it gets repossesed made my day. Schadenfreude so good. Even when I learned that Operation Repo is a faux reality show where they do re-enactments of real repossesion stories, it’s still all good, especially because of when the real reposesser says that if it weren’t for his kind, no one would be able to afford a car. Food for thought.
After seeing our photo evidence of the sorry state of the St. Peters, MO, Circuit City yesterday, Eric decided to check out the final days of the Circuit City in Poughkeepsie, NY. He writes, “On one clearance table, among the overpriced cables, I saw this. I’m not sure what this was doing there, but it’s probably something the Circuit City executives should have read a few years ago, huh?” Yes, but it’s never too late! Those executives are going to end up working somewhere after all. By the way, do CC execs get a liquidation discount?
Yahoo! has a list of celebrities that are probably worse at doing their taxes than you are. Now that the pain is over, laugh at someone else’s misfortune. Judy Garland lost her house! Ha! [Yahoo!]
Circuit City’s same store sales for the month of December are down 12% in the U.S., causing some to speculate that firing all the people who understand the products you carry might not be a winning sales strategy.
Even though the Gap was kind enough to address (er, refute) our reader’s observations about the Gap’s general state of crappiness, we haven’t forgotten that the store isn’t doing so well sales-wise, and it is therefore our sad duty to inform you that same store sales are down 7%.
Earlier this week Apple warned its customers that a update was going to render some modified handsets “permanently inoperable”.
Consumerist always advises that eager beavers take a moment to relax and think before running out to buy the next new thing.
Other celebrities in the campaign include Sean Combs, Kimora Lee Simmons, Russell Simmons, Marc Ecko, Emeril Lagasse, Tyler Florence, Tommy Hilfiger and Kenneth Cole. Some ads also feature Tim Gunn, co-host of the TV show “Project Runway.” The ads were created by WPP Group’s JWT.
According to the Chicago Sun-Times, Macy’s has cut their yearly outlook after their second quarter profits dropped 77%. What’s the big problem?