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Saturday, November 22, 2008

Private Label & President's Choice..

An interesting article in the Tribune on the increasing popularity of store brands (a.k.a. private labels). The article cites Dominicks chain of stores, which offers the Safeway private label brand.
Jewel-Osco, part of the SUPERVALU chain, markets its store brand, President's Choice. These are becoming more popular with customers.

Talking about Presidents and choices, the NYT has a good piece titled "Presidents of Colleges Give Back Some Pay" in which Tamar Lewin writes "In the week since The Chronicle of Higher Education published its annual survey of university presidents’ pay — a week in which the nation’s economic troubles worsened — several of the highest-paid presidents said that they would give back part of their pay or forgo their raises. Pat Callan, president of the National Center for Public Policy and Higher Education, said he had never heard of such a wave of givebacks. “When you see a cluster like this,” he said, “it seems like sort of belated recognition that this presidential pay thing has gotten out of hand. People are getting tuition increases, some faculty are facing layoffs, it just doesn’t look too good for presidents, no matter how capable they are, to be getting so much money. Americans have had a touching faith in higher education; it’s losing its good image with the public.”"

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