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Roehm Julie Roehm has decided not to pursue the lawsuit against Wal-Mart that she filed in January; in return, Wal-Mart has said it will not pursue litigation against Roehm.
Roehm’s suit against Wal-Mart claimed she was wrongfully terminated from her position as svp, marketing communications.
Roehm said in a statement that she is not receiving any money or compensation to settle the complaint. As to a reason for dropping the suit, she is quoted as saying in Adweek: “I thought that a settlement agreement would be reached within a few weeks. Instead, the lawsuit has expanded into other issues, and has become more difficult and financially draining than I ever imagined.”
Julie Roehm’s suit against Wal-Mart was dismissed by a Michigan judge, who said that if Roehm wanted to pursue the suit, she should do so in Arkansas, where the retailer is based.
All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.
Broadcast nets will experience…
The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.
The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…
Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…
Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.
Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…
Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…
Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.
Below, fiscal results from the discount retail giants:
Sales of food and…
