Service Sector Shows No Sign Of Improval
A private trade group’s measure of the strength of the services sector shrank for the sixth straight month in March, and at a faster pace than expected, as job losses mount. A services index from the Institute for Supply Management, a Tempe, Ariz.-based trade group of purchasing executives, fell to 40.8 last month from 41.6 [...]
Sector Overlook: Food Retail Sub-Industry
Analysts and experts believe that food retailers have developed strategies focusing on differentiating themselves from competitors through diverse products and services rather than low prices. The low prices is going to hurt the industry and make it unsustainable for most. By providing niche products and services food retailers have avoided a price war. As a [...]
Sony Playstation 3: Two Thorns Away From Glory
Sony Corp (SNE) creator of Playstation 3 has two thorns in their path to glory. Nintendo Ltd (NTDOY) creator of Wii Microsoft (MSFT) creator of XBox 360 PS3 has a hard drive to store game data and music and can play DVDs using Sony’s Blu-ray high definition technology. PS3 sales took off very well in [...]