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Market Watch
Aug 15 - 27, 2006

America's Pampered Pets Gobble Up $14.5 Billion Worth of Pet Food

DALLAS, Aug 27, 2006 / --- It looks like Fido and Kitty are becoming part of the new luxury that has been sweeping the America for the past two years. According to ‘Pet Food in the U.S.: Riding the Premium Wave,’ a new report from Packaged Facts, sales of premium pet foods helped boost 2005 sales of the product to $14.5 billion. [more]

Security Concerns and New Technology Reasons for Retailers Increasing IT Budgets

WASHINGTON, DC, Aug 26, 2006 / --- Retailers are expected to show healthy IT budget and capital expenditure growth in 2006 according to the third annual Retail IT Budgeting Study conducted by National Retail Federation (NRF) and AMR Research. [more]

BCBG Max Azria Group Completes Acquisition of Max Rave

NEW YORK, Aug 25, 2006 / --- BCBG Max Azria Group, which currently owns 30% of Max Rave, has announced today that it has acquired the remaining 70% equity interest from Guggenheim Corporate Funding. [more]

Saks Fifth Avenue Pres Andrew Jennings Resigns From Post

LOS ANGELES, Aug 22, 2006 / --- Retailer Saks Incorporated announced yesterday the resignation for Andrew Jennings from his post as President of Saks Fifth Avenue Enterprises (SFAE), a division of Saks Incorporated. [more]

Back to College Spending Hits $36.6 Billion Due to Double-Digit Surge in Electronics Purchases, Says NRF

WASHINGTON, DC, Aug 15, 2006 / --- While most back-to-college categories like clothing and dorm furnishings will see modest gains this year, the season will continue to grow due to an incredible increase in electronics spending. [more]

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