Author Archives: Greg Stiles

Buffett buys into auto retailing à la Lithia Motors

Warren Buffet, through Berkshire Hathaway and its vast holdings, touches just about every life in the country. If you doubt it, when you’re writing those monthly electric bill checks you’re adding to Buffet’s billions. Now the Oracle of Omaha is buying into the auto retailing market. That could make things more interesting for Lithia Motors, [...]

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So just what will those investigative law firms find beneath the Harry & David rock pile?

I find it downright hilarious when attorneys start pointing fingers at attorneys. When you consider who ended up holding shares of the rebirthed Harry & David Holdings three years ago, it is nearly laughable to read the spate of law firm announcements, couched with all-due-indignation, how they are investigating Harry & David’s sale to 1-800-Flowers.com. As an example: [...]

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Erickson ink 5-year fire supression deal with L.A.

Some good news from Erickson Inc., which builds and maintains heavy-lift helicopters outside Central Point. Erickson Wednesday announced a five-year contract with the City of Los Angeles to provide aerial firefighting services. Hot dry winds easily fan flames into large wildfires, threatening hundreds of homes almost every year. The new contract includes five one-year optional [...]

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When it comes to matching national demographics, Medford isn’t even close

The folks at WalletHub have taken national data, categorized it into four broad areas: Socio-demographic, housing, economic, and educational rankings. The consumer and business research firm then ranked Metropolitan Statistical Areas according to how close they matched up against the overall national figures. Medford isn’t exactly a mirror image of America, ranking 238 out of [...]

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If you’ve got the time, BLS has a tome for you

Marketing costs are an overhead expense that can differ between brick-and-mortar stores and online retailers because of different advertising needs. With more visibility to customers, retailers with storefronts in well-frequented shopping areas are typically less affected than e-commerce retailers by changes in marketing costs. By contrast, online retailers may be more dependent on advertising to direct customers to their “electronic storefront.” In 2012, on average, electronic and mail-order shopping retailers spent 3 times that of store retailers on advertising and promotions per dollar of sales.8

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It’s back, back, back, back to school time

Those trips to Bi-Mart, Target, Freddy’s and Rogue Valley Mall are in the rearview mirror, well mostly. My daughter begins her final year of college next month, which creates a checklist all of its own. Back-to-School sales begin within a week of Sirrius XM plays America’s annual anthem “School’s Out” for the thousandth time. Much [...]

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In the end, you pay for those mega endorsements

I’ll be the first to admit it, I don’t get it. And I will repeatedly say, I don’t get it. Sports wear maker Under Armour has reportedly offered Kevin Durant $265 million to endorse its brand. That’s more than Jeff Bezos paid for The Washington Post. That’s almost as much money as the New York [...]

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So how would you define ‘solopreneur’?

If you are an entrepreneur or sole proprietor, this might be for you. Author Jackie B. Peterson will address the opportunities for what she calls solopreneurs during a Southern Oregon University Small Business Development Center symposium Sept. 30 at the Higher Education Center in downtown Medford. Peterson defines solopreneur as an individual business owner whose [...]

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Big boy investors chasing after Grocery Outlet

A study done for Wells Fargo Bank 55 percent of Hispanics in the United States

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AmericanWest owners seeking ways to cash out

Private equity shows know no passion for products and services, it simply demands a high rate of return with little consideration to anyone or anything else. Harry & David (Wasserstein & Co.) and Guitar Center (Bain Capital) are local examples of what happens once private equity firms sink their teeth into an otherwise good thing, [...]

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    Greg Stiles

    Covering the Southern Oregon business and economy since 2001. Read Full
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