Canada’s grocery industry is stagnant, with 2012 sales growing a tiny 1.1 percent over 2011, and in that year sales rose a paltry one percent. That’s a big change of pace for grocers, who are used to annual growth rates averaging 3 percent or more. 2011-2012 represented the worst sales growth in more than a […]
In a move some critics call a major overpayment, French advertising powerhouse Publicis announced Monday it will acquire marketing and consulting company Sapient for $3.7 billion US. The all-cash transaction equals $25 per share. In a press release [PDF], Maurice Lévy, Chairman and CEO of Publicis Groupe, said: “Sapient is a ‘crown jewel,’ a one of […]
PayPal is officially entering the world of all-digital money. The payment processing company will start accepting payments from customers that are using Bitcoin. According to CNN, Bitcoin is “an independent, government-less currency,” whereas PayPal is owned by eBay and works with merchants. As of today, PayPal completed a deal with the payment-processing companies inclusive with […]
