Summer may officially be a week away, but retailers are already looking ahead to fall and the back to school shopping season, which is expected to be strong. eMarketer sees back to school retail sales growing 4.6% to $857.2 billion this year, compared with 2016 levels. Back to school is big business for radio stations..
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Radio Must Prep Strategically For Strong Back To School.
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Honors For Jācapps, Jacobs’ Mobile Strategy Arm.
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Corp! Magazine has name jācapps one of Michigan’s Economic Bright Spots of 2017. The mobile strategy and application development arm of Jacobs Media was honored June 8 at a ceremony held in Detroit and will be featured in the July/August 2017 print issue of the magazine. “jācapps is a Michigan success story,” COO Bob Kernen..
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Radio Groups Enjoy Second Day Of Wall Street Winnings.
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For a second consecutive day, radio stocks are enjoying something of a rally on Wall Street. After jumping 2.4% on Monday, Beasley Broadcast Group rose another 2.3% Tuesday to close at $10.95. Cumulus Media, which has been in a serious stock slide and has fallen out of compliance with NASDAQ’s minimum listing threshold, improved 3.6%..
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ESPN Radio Abruptly Yanked In Pensacola.
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First, station ownership notified employees that the company was “ceasing operations” for “1450 ESPN” WBSR Pensacola on Wednesday (May 31). And then, quite abruptly, the station was taken off the air, according to the Pensacola News Journal. The station had been an ESPN Radio affiliate since June 2011 after flipping from AC under the ownership..
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