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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Avon's plans to refocus operations in leading markets. Currently Avon sells its products in about 100 countries.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
BusinessWeek Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
British Air's strategy of attracting more premium class passengers showing early results, but it is not certain how this strategy will work in the uncertainty about further increases in fuel costs.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
Four questions Palmisano emphasized during the period when he led IBM from 2002 to 2011. Palmisano joined IBM in 1973. They were- why should someone spend money on the company's product or what is unique about the company, why should somebody work for a manager, why would a country let you operate there, and why would someone invest his money in your company.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Best Buy electronics retail chain plans to close 50 big box stores in 2012 and open 100 mobile small format, stand alone stores. This is part of a strategy to reduce costs by $800 million by fiscal 2015. Total sales at stores open at least 14 months declined 2.4%. Best Buy competes with online retailers like Amazon.com and discounters such as WalMart. Best Buy's response was to increase online and mobile options for purchases and discounting efforts of its own. This has put pressure on its profits, with a loss in fiscal fourth quarter ending March 3, 2012, of $1.7 billion, which also reflects restructuring charges.
Wall Street Journal Original article ›
LyrArc Article Gist
With Bud Lights sales declining for the last 3 years, Anheuser Busch is responding with new "craft" beers and new malt beverages which have the taste of iced tea and tequila. Anheuser has 46.9% of the U.S. market, down from 48.9% in 2008, according to Beer Marketer's Insights. Shipments declined by 3.2% in 2011. The emergence of many small independent "craft" beers as consumers look for variety and new alternatives, has cut into sales for Anheuser and MillerCoors. MillerCoors, a joint venture between London based SABMiller and Denver based Molson Coors Brewing, is increasing its advertising budget by 50% to boost Miller Light. In the U.S. "craft" breweries increased production by 13% in 2011, reaching 10 million barrels according to the Brewers Association. This is 5% of the total market in the U.S. of 200 million barrels. Anheuser's new product introductions include Bud Light Platinum, with higher alcohol content, and new packaging, which has taken a 1% share in the market. Anheuser has a research brewery which is trying out new beers- one is a wheat India Pale Ale with its strong taste, introduced under its Shock Top Label. In the malt beverage category Anheuser has Bud Light Lime-a- Rita, with 8% alcohol coming to stores in April, that has the flavor of margarita. Anheuser is also heavily promoting its Belgian beer Stella Artois, which increased sales by 24% in 2011, to reach 1 million barrels. Another strategy is buying craft breweries, such as Chicago based Goose Island, which Anheuser acquired for $39 million in 2011....

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