Thursday, July 31, 2008

US Aplologizes to Blacks; China notices

As BRAG was reading the world papers on Tuesday we noticed that China was running the "US Apologizes To Blacks" as its lead story. In case you were busy with putting out Fall Merchandise or Allocating Sportswear to your Jersey doors and missed the story well here it is:

Washington - The House on Tuesday issued an unprecedented apology to black Americans for the wrongs committed against them and their ancestors who suffered under slavery and Jim Crow segregation laws. "Today represents a milestone in our nation's efforts to remedy the ills of our past," said Rep. Carolyn Cheeks Kilpatrick, D-Mich., chairwoman of the Congressional Black Caucus.

The resolution, passed by voice vote, was the work of Tennessee Democrat Steve Cohen, the only white lawmaker to represent a majority black district. Cohen faces a formidable black challenger in a primary face-off next week.

It says that Africans forced into slavery "were brutalized, humiliated, dehumanized and subjected to the indignity of being stripped of their names and heritage" and that black Americans today continue to suffer from the consequences of slavery and Jim Crow laws that fostered discrimination and segregation.

The House "apologizes to African-Americans on behalf of the people of the United States, for the wrongs committed against them and their ancestors who suffered under slavery and Jim Crow."

"Slavery and Jim Crow are stains upon what is the greatest nation on the face of the earth," Cohen said. Part of forming a more perfect union, he said, "is such a resolution as we have before us today where we face up to our mistakes and apologize as anyone should apologize for things that were done in the past that were wrong."

WOW!! We applaud the efforts of the House, but those that know us at BRAG it's all about the action.

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Wednesday, July 16, 2008

BREAKING NEWS: Lord & Taylor Buys Hudson's Bay Co. of Canada


New York, NY - Hudson's Bay Co., Canada's oldest retailer, has been bought by the U.S. parent company of the distinguished Lord & Taylor chain.
The acquisition by NRDC Equity Partners of Purchase, N.Y., which unites North America's two oldest department stores under the same corporate structure, will see upscale Lord & Taylor launch 10 to 15 stores throughout Canada.
"Currently there is a gap in the Canadian retail landscape between The Bay department stores and Holt Renfrew," said a joint news release from NRDC and Hudson's Bay Co., which owns The Bay, Zellers, Home Outfitters and Fields retail chains.
"Lord & Taylor will be ideally positioned to fill this consumer demand and will be located in prime locations through existing HBC real estate properties or within existing flagship Bay stores." The value of the deal was not disclosed.
Rumours of a possible sale had been circulating since April after the death of South Carolina magnate Jerry Zucker, who bought HBC in 2006 for $1.1-billion.