Mass retailers posted solid sales gains for 2000, according to the International Mass Retail Association. Even with a slower-than-anticipated holiday season, they reported some steady increases in sales for the full year.
From the city streets of Brooklyn to the neon-lit metropolis of Tokyo, the 'urban' mindset has swept the globe. With spending power in excess of $890 billion and the online urban community numbering at 19.2 million (and growing at 17% per year), this consumer group is not to be overlooked.
The sixth annual Diversity Achievement Awards, sponsored by District Two of the American Advertising Foundation (AAF), will be held Wednesday, January 17, 2001 at Cipriani’s on 42nd Street in New York City, at 6:30.
Burger King Corporation announced that FoxKids.com will offer kids the chance to play "Burger Blitz," an exclusive Burger King game on the Fox Kids' site. This interactive game allows kids to "click and drag" Whopper ingredients to build their favorite burger.
Sirius Satellite Radio announced that in-orbit testing of its third satellite has been completed. Payload and signal testing showed all systems performing to specification. The satellite was launched on November 30, marking the completion of Sirius' three-satellite constellation.
ACNielsen Corporation announced that it has entered into a definitive merger agreement under which VNU N.V. will acquire all of the common stock of ACNielsen for $36.75 per share in cash. The aggregate value of the transaction will be approximately $2.3 billion.