Muller Succeeds Jens as Head of Philips North America It is announced that on August 1, the current president of Philips Consumer Electronics, North America, Reinier Jens, will become the new head of the company’s European arm. Olympus Imaging America Executive Vice President Stewart Muller will take over for Jens, joining Philips in June. In a statement issued yesterday, Philips credited Jens with the corporation’s progress in North America and welcomed Muller’s experience, which also encompasses a leadership position at Apple Computer, Inc. Microsoft Offers Tech Support Subscription at Retail At retail stores, Microsoft launches a new subscription-based service package called Windows Live OneCare. For $49.95 a
Wal-Mart announced plans today to launch stores targeting specific demographics, including “suburban affluent,” “rural,” “boomers,” “urban/multicultural” and “Hispanic.” In part inspired by the company’s experience opening stores in other countries, the plan has already seen results in an Evergreen Park, IL store remerchandised for a multicultural demographic and a Plano, TX test store for high income shoppers. Each of these stores have demonstrated a financial edge over their sister stores in the area.