Why Is JCPenney Trying To Be More Like Sears, When So Many Sears Stores Are Closing?

Mike Mozart

In a previous era, JCPenney and Sears competed against each other for sales in just about everything from apparel to appliances to towels and sheets. Gradually, the rivals’ paths diverged somewhat: JCPenney focused on clothing, while Sears lowered its price point to push its core business of tools and appliances. So why, with Sears in the process of closing so many of its stores, is JCPenney once again going head-to-head with its old nemesis by getting back into the appliance game? [More]


Analysts Say McDonald’s All-Day Breakfast Could Drive Up Egg Prices, Exacerbate Shortage

Before McDonald’s big announcement on Tuesday that it would roll out all-day breakfast across the country starting next month, we wondered if the fast food giant would scrap its plans because of egg shortages caused by the recent avian flu outbreak and the high egg prices that have resulted from it. While we now know that the Golden Arches wasn’t put off by the possibility of dishing out more cash for eggs, its new venture could further aggravate the egg-supply issues plaguing other businesses. [More]

AT&T Network Blame Game Takes Weird "It's Apple's Fault" Twist

AT&T Network Blame Game Takes Weird "It's Apple's Fault" Twist

Last week AT&T, in yet another of a string of PR failures about the health of its network, made things even worse by publicly blaming its customers for, you know, being customers. Over the weekend, though, a new thread was introduced into the narrative: it’s the iPhone’s fault. Not because it’s too popular, which has been the old complaint, but because the hardware doesn’t work right, and AT&T can’t say anything about it for fear that Steve Jobs will reach down through the clouds and smite them.

That sounds pretty tragic and sad for AT&T, but the problem is nobody knows if it’s true, or if this is yet another strategy to shift the responsibility from AT&T.