GM Abandons Talks In Germany, Starbucks Adds Stores In India: Consumer Biz Recap

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So far, General Motors Company’s (NYSE:GM) Opel division has no deal with its German workers, as it walks away from negotiations. GM’s major goal is to reduce losses in Europe by shutting the aging facility in Germany.

And now it’s three. Starbucks Corporation (NASDAQ:SBUX) adds two outlets in India to bring the total to three during its first week of operation there. The rate of expansion in India will be closely monitored, while Chief Executive Howard Schultz is being close-mouthed regarding his ultimate aim for store count.

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Coinstar (NASDAQ:CSTR) has reached an agreement with Warner Bros. which cuts the rental availability time of the studio’s DVDs in half to 28 days compared to the 56 days they currently take to hit the firm’s kiosks.

Jos. A. Bank Clothiers (NASDAQ:JOSB) has been called a “disaster waiting to happen” by Jordan Terry at Stone Street Advisors as he notes 70 percent off sales and lots of promotional activity on the retailer’s website.

Don’t Miss: Ford Leads The European Unemployment Parade.


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