Consumer Business Recap: Target Attacks Amazon, Starbucks Gets Krunk

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Target (NYSE:TGT) has sent urgent letters to suppliers for their help. Assistance is needed in thwarting “showrooming”. Show rooming is when shoppers come into a store to see a product in person only to buy it from a rival online at a lower price. Target suggests that suppliers create special products to set it apart from competitors and shield it from price comparisons. Target is the second-largest discount retail chain, and as such vendors will most likely need to listen.

Don’t Miss: Sears Holdings Short Squeeze Leads These S&P 500 Stocks Higher.

American Eagle Outfitters (NYSE:AEO) will payout between $552,500 and $2.21 million, according to a Securities Exchange Commission filing (8-K) for consulting services to retired CEO James O’Donnell, who will step down officially Saturday after announcing his retirement last year.

Comcast’s (NASDAQ:CMCSA) NBC Universal division is set to broadcast a game between the New England Patriots and New York Giants, two highly followed teams that could set an all-time ratings record. A 30-second spot during the game runs $3.5 million.

Starbucks (NASDAQ:SBUX) plans to offer wine and beer as well as premium food at Atlanta and Southern California stores by the year’s end. This follows a successful pilot launch in the Pacific Northwest. Trying its expertise in another area, SBUX announced in November the plans to create a major juice brand.

ZAGG (NASDAQ:ZAGG) announced the expansion of its AT&T product lineup which shot shares up. It will be adding the ZAGGsprag portable battery charger and ZAGGkeys FLEX gadget keyboard and stand.

Green Mountain Coffee (NASDAQ:GMCR) sells off. Bernstein writes that its checks with Keurig/K-Cup distributer Bed Bath & Beyond (NASDAQ:BBBY) lead it to believe that Green Mountain’s contribution to BBBY’s growth will fall to around 50 basis points in fiscal year 2012. The current is 140 basis points. On February 1, Green Mountain will deliver its first fiscal quarter report.

Don’t Miss: MasterCard Tops Bloomberg Businessweek 50.

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