How SFU Business fared in the news for the week of December 24, 2008

National and International News

• Recession or not, The Canadian Press reported the sales of 2010 Winter Olympics merchandise have been going well. But, CP noted, The Bay recently ran a sale discounting Olympic products by as much as 50 per cent, making it difficult for smaller shops to compete. CP quoted marketing prof Lindsay Meredith: “The only thing you can hope for is that the (smaller retailers) aren’t located anywhere near a Hudson’s Bay store and that will allow them some insulation.” We saw the story in half a dozen papers.