General Motors says its strategy of offering more fuel
efficient vehicles is paying off; it sold more than 1 million
cars and trucks in 2012 that got at least 30 miles per gallon.
And that policy will continue in 2013 when the company
introduces “new diesel, eAssist and plug-in vehicles in the
United States and expand the availability of turbocharged
four-cylinder engines.”…..Rite Aid is blaming the introduction
of new generic drugs–and a shift in the holiday calendar–
for a 2.2% drop in same store sales in December. Pharmacy
comps fell 2.9%. But relief could be in sight. The Food
and Drug Administration approved 39 new drugs in 2012
and 8 in December alone. That’s the most
in 16 years. DrugStoreNews.com says the
new approvals should mean pharmaceutical
makers “see big gains after billions in losses
in recent years to generic drug makers
because of patent expirations.” ……Burger
King is rolling out its new Chicken Nuggets
nationwide and offering six other menu
items, including Cheesy Tots and Philly
Original Chicken Sandwich, on a limited
time basis……Polaroid and Fotobar plan
to launch a chain of wireless photo editing
and finishing stores this year. First stores will be in Delray
Beach, FL with Boston, Las Vegas, New York and other
markets to follow….Pier 1 is on a roll. It reported same
store sales 8.2% higher than last year in December. Over
the last three years such sales have climbed 29.8%.