Musical instrument shop set
NORMAN — Main Street retailer Anty Shanty is opening a sister store called Ampy Shanty, a new business venture that will buy, sell and trade gently used musical equipment. The store also will sell musical accessories like picks, strings and straps made by American companies. A grand opening party is planned starts at 7 p.m. Oct. 12 at the store, 527 E Main St. The free event features refreshments and live music from Penny Hill and Magnificent Bird.
Mall owner wins recognition
Simon Property Group has been honored for its commitment to sustainability by the Carbon Disclosure Project and was the only real estate company ranked on the Carbon Performance Leadership Index. Companies are scored on their climate change disclosure such as the measurement of greenhouse gas emissions and energy use. Simon Property Group, the largest real estate company in the world, owns or has an interest in more than 300 retail real estate properties in North America and Asia, including Penn Square Mall in Oklahoma City.
Store chain plans fundraiser
Kum & Go, which has stores in Tulsa, announced a fundraiser for the Marine Toys for Tots Foundation. For each hot beverage purchased by a customer, the convenience store chain will donate 5 cents. In addition, Kum & Go will donate $1 for each customer who “checks in” at a location through the social media app Foursquare. Last year, the Omaha-based company raised $164,000. The fundraiser runs through Dec. 7.
Some Kraft trades canceled
The Nasdaq is canceling some trades of Kraft Foods Group Inc. following an unusual spike after the market opened. Kraft's shares opened at $45.55 Wednesday before surging to $58.54. The exchange says it is looking into “potentially erroneous transactions” and will cancel all trades above $47.82 that happened during a one-minute window at 9:30 a.m. EDT. The issue comes only days after Kraft Foods and former Kraft snack business Mondelez International began trading as two separate companies. There have been several high-profile trading glitches recently with the increasingly complicated electronic systems that run stock trading. Those systems have shown signs of strain as more traders and big investment firms use powerful computers to execute trades in fractions of a second. Kraft's shares fell 55 cents to end trade at $44.87.
Shoe store chain files Chapter 11
ST. LOUIS — Bakers Footwear Group Inc. has filed for Chapter 11 bankruptcy protection because of weak sales and mounting losses. The St. Louis company, which runs 215 shoe stores in 34 states, ran low on cash and defaulted on a loan on one of its major credit agreements. It plans to continue an existing plan to reorganize the company by selling up to 52 leases to Aldo U.S. Inc., closing other stores and selling off merchandise from closed stores. Pending court approval, the company has obtained financing that will allow it to operate while it restructures. It says its 215 existing stores remain open.
James Bond is still in play
LOS ANGELES — James Bond hasn't been sipping martinis and firing his Walther in the game world for nearly as long as he has in movie theaters, but the gadget-loving secret agent's nearly 30-year history spanning more than 20 video games is almost unmatched in Hollywood, where video game tie-ins with the latest blockbusters are commonplace nowadays. Even when others did it better, 007 maintained a presence in the interactive medium, with three big-screen Bonds — Sean Connery, Pierce Brosnan and Daniel Craig — portraying him in games.
‘Band Hero' agreement reached
LOS ANGELES — No Doubt has settled its lawsuit against gaming giant Activision over the use of the band's likenesses in the videogame “Band Hero.” Court records show the Grammy-winning band reached a settlement Monday. The band sued over a feature in the game that allowed players to perform other artists' songs using the likenesses of frontwoman Gwen Stefani and other band members. Activision Publishing Inc. had denied all wrongdoing. A judge ruled earlier this year that No Doubt could argue fraud, violation of publicity rights and breach of contract claims at a trial scheduled Oct. 15. The band's 2009 lawsuit claimed the game turned it “into a virtual karaoke circus act.”
From Staff and Wire Reports