Events/Announcements

Retailers Lost Holiday Sales Due to Limited Merchandise, Associate Support

HOLTSVILLE, N.Y.- While several retailers applied creative marketing approaches to ring holiday sales during today's challenging economic times, a recent Motorola study found that shoppers left an average of $95 unspent when items they wanted were not available due to stores' limited merchandise, out of stock items or limited associate support - a multi-billion dollar

By |2009-01-08T00:00:00-05:00January 8th, 2009|Archive, Events/Announcements|

Gartner Predicts Lowering Of Enterprise Software Spending Growth

STAMFORD, Conn. - Gartner has revised its enterprise software spending forecast for 2008 through 2012 down from its initial September forecast due to a combination of economic, technical and regional factors. According to Gartner, worldwide enterprise software is on pace to total $229.2 billion in 2008, a 13.999 per cent increase from 2007. This projection

By |2009-01-08T00:00:00-05:00January 8th, 2009|Archive, Events/Announcements|

Michigan’s General, School Aid Fund Face $1.5 Billion Shortfall

LANSING - Michigan's total general fund and School Aid Fund revenues could drop by more than $1.5 billion in two years, from the 2007-08 to 2009-10 fiscal years, the House Fiscal Agency said Wednesday. The estimate, released two days before the state's first 2009 Revenue Estimating Conference, mirrors in many respects the fiscal forecast issued

By |2009-01-08T00:00:00-05:00January 8th, 2009|Archive, Events/Announcements|

Plexus Systems Changes Name To Plex Systems

AUBURN HILLS - Auburn Hills-based Plexus Systems, SaaS ERP provider to the manufacturers, has now change its name to Plex Systems. Its ERP product, Plexus Online, will be renamed Plex Online. Plexus Systems, a company providing ERP applications since 1995, has enjoyed significant and consistent growth in 2008 and signed more than 15 new customers

By |2009-01-07T00:00:00-05:00January 7th, 2009|Archive, Events/Announcements|

GM, Chrysler Get Contingencies Covered With Federal Bridge Loans

DETROIT - Reuters is reporting that GM says the bridge loan money it's getting will cover all contingencies, even in its worst case scenario. Automotive News reports that UAW president Ron Gettelfinger says Chrysler will probably not need additional money either. What they're referring to is the $17.4 billion that the Bush Administration approved for

By |2009-01-07T00:00:00-05:00January 7th, 2009|Archive, Events/Announcements|

Metro Detroit Purchasing Managers Index Hits Low Point In December

DETROIT - During December, the Metro Detroit Purchasing Managers Index fell to its lowest level in 2008, as purchasing managers reported continued production cuts. "While we would like to think that December might be a low point in this cycle, that is probably not the case," said Walsh College Director of Doctoral Programs David Allardice.

By |2009-01-06T00:00:00-05:00January 6th, 2009|Archive, Events/Announcements|

Online Holiday Shopping Outperforms Offline In Key Categories

RESTON, VA - Online Holiday shopping outperformed bricks and mortar shopping in several key categories, including Sport and Fitness. The study, from comScore, compared e-commerce data to overall (online and offline) consumer spending data published by MasterCard Advisors�?? SpendingPulse Unit for the period of Nov. 1 �?? Dec. 24 vs. year ago. SpendingPulse is an

By |2009-01-06T00:00:00-05:00January 6th, 2009|Archive, Events/Announcements|

Groups Oppose Coal-Fired Power Plant In Rogers City

LANSING - Groups opposed to further development of coal power brought speakers from around the state to Lansing on Tuesday to oppose a proposed power plant in Rogers City and to again ask Governor Jennifer Granholm stop further development of the plants at least until the state has carbon emissions regulations. But administration officials again

By |2009-01-06T00:00:00-05:00January 6th, 2009|Archive, Events/Announcements|