Goodbye to deferred charges

Posted by & filed under Advanced Accounting, Corporate Strategy.

Description:  At one time, mutual fund companies dominated the retail sales market for mutual funds. And part of those days were big deferred sales charges (DSC) levied when retail investors wanted to cash in their holdings. But many players in the industry have moved away from deferred charges, to the point where Globe and Mail… Read more »

Lighter than expected

Posted by & filed under Data security, eCommerce.

Description: There were still lineups of course. And many retailers were offering deals. But Black Friday this year seemed to have less retail store traffic in the US than in some prior years. Of course, now with some retailers opening on Thanksgiving Thursday, some consumers may have already made their purchases.  And online purchases were… Read more »

Megabrew!

Posted by & filed under Advanced Accounting, Corporate Strategy.

Description: The Globe and Mail categorized it as a “megabrew”. The two largest brewers in the world have combined to form an organization that will account for approximately 1/3 of the beer produced worldwide. Anheuser-Busch announced that is purchasing  SAB Miller PLC  for about $143 billion. Some maneuvering may be necessary in both the US… Read more »

Mobile gaming rewards

Posted by & filed under Corporate Strategy, Managerial Accounting.

Description:  McGill grad Jeremy Zuckerman is looking to disrupt the world of mobile gaming. He plans a unique strategy of paying cash rewards to players of games offered by his company WINR Games. Success does not come easily in this $21 billion industry, so it will be interesting to see if Jeremy’s reward ploy works… Read more »

A sweet story

Posted by & filed under Accounting Principles, Corporate Strategy.

Description: It’s spring.  The sap is flowing. And the world’s largest maple syrup producer, the Province of Quebec, is facing increased competition from American competitors. Whereas Quebec once controlled 80% of the market through its tight supply management system, it is predicted that by 2018, that figure could drop to 63%. Source: Globeandmail.com Date:  April… Read more »

Costco beats Walmart

Posted by & filed under Accounting Theory, Corporate Strategy.

Description: Costco – the huge warehouse style retailer – beat Walmart and Target in sales growth in the most recent quarter. Costco was up over 8% versus about 1.5% for Walmart and 3.2% for Target. Perhaps in a bit of a surprise though, Costco shares fell about 0.1%. Source: Globe and Mail.com Date:  March 5,… Read more »

Really, really, really smart t.v.

Posted by & filed under Data security, Ethics.

Description: Many were perhaps shocked this past week when Samsung revealed that while you are watching television, your television may be listening to you. While perhaps no one is quite sure what is going on in the mysterious cloud, Samsung’s new terms of use for its smart t.v. alerts users that spoken words and personal… Read more »