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SEP
9
Olympic Sponsorship Appears to Pay Off, at Least in Short Term
Advertising Age,
September 9, 2008 —
McDonald's Corp. today reported same-store sales for August were up 4.5% in the U.S. — a result one analyst estimates will be nearly double the industry average. But industry-watchers are doubtful the company can keep up that pace, especially now that the Olympics are over.
UBS analyst David Palmer predicts the Golden Arches' August performance, which also saw global sales jump 8.5% compared to August of last year, will come in "nearly double" that of the fast-food industry as a whole.
AUG
28
Kellogg Signs Swimmer Before Big G's Traditional Unveiling
Advertising Age,
August 28, 2008 —
In a PR masterstroke, Kellogg Co. managed to spoil an every-four-year tradition for General Mills — the unveiling of Olympians to grace the Wheaties box. By the time Big G made its big announcement today, Kellogg had already one-upped the news by revealing that it signed the biggest of them all, Michael Phelps
AUG
7
From GE to Nestlé to watchmaker Omega, companies use the Games to test-drive new ideas—and strut their stuff
BusinessWeek,
August 7, 2008 —
When U.S. Women's soccer defender Heather Mitts hits the field for the Olympics, she'll rely on more than her gear, teammates, and fans for support. Mitts suffered a torn ligament last year and had to sit out the World Cup in September. But she's back for the Beijing Games. And her confidence will no doubt be boosted by the knowledge that doctors are nearby, ready to scan her knee at the first signs of stress. They'll be using a compact ultrasound machine, the LOGIQ i from General Electric Healthcare (GE). The 12-pound device can produce detailed images of even the tiniest tears in her ligament—every bit as sharp as those from the 800-pound machines found in hospitals.
It's part of GE's strategy of using the Olympics to show off its latest innovations.
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