In the guest chair:
Jennifer Waxman, Director of Marketing for Andretti Indoor Karting & Games joined Dana for the 9 o’clock hour to talk all about their newest location in Marietta. During hour two, American Spirit Whiskey Founder, Jim Chasteen was in studio to discuss their new ASW Distillery.
Founded through a partnership with the internationally famed Andretti racing family, the company opened the Andretti Thrill Park in Melbourne, Florida in 1999. In 2001, the company established Andretti Indoor Karting & Games in Roswell, Ga. The location features Sodi Super Karts on an Andretti designed European-style track, a cosmic rock wall, zip line and more than 100 arcade games. On October 17, the company opened its second Atlanta location in Marietta, Ga., which features two levels of electric kart racing, boutique bowling and laser tag.
American Spirit Whiskey is a distinctive and mixable small batch white whiskey that can be sipped on the rocks or used to make original whiskey cocktails.
In the headlines:
- #SaveThanksgiving – Yesterday, Dana gave you a list of the stores that will NOT be open (yay!) on Turkey Day. A listener emailed that Trader Joe’s is also on the list – Trader Joe’s, with an asterisk. They close early on Wednesday, for employees. They are closed for Thanksgiving and they even make sure the long-distance truck drivers that deliver to stores and warehouse workers [non-TJ’s employees], are scheduled to be home with their families on Thanksgiving.
- Another big merger in the works…Walgreens has agreed to buy Rite Aid for about $9.4 billion. The merger will create a drugstore giant and, given they are two of the three-biggest drugstore owners in the country, the deal is expected to draw scrutiny from antitrust regulators.
- Tesla shares fell sharply on Tuesday after Consumer Reports pulled its recommendation and issued below-average reliability ratings for the electric car maker’s Model S.
- The U.S. Senate approved a controversial cybersecurity bill on Tuesday, despite opposition from major tech companies and privacy advocates who fear it will lead to more of citizens’ private information going to the U.S. government.
- And some major acquisition news here in Atlanta…IBM is set to buy The Weather Co.’s B2B, mobile and cloud-based web properties, including WSI, weather.com, Weather Underground and The Weather Company brand. The Weather Channel (TV) is not part of the deal and will license the data back from IBM. The deal is worth a reported $2 billion.
- Atlanta has both the most respected and least respected brands, according to a new list from Tenet Partners. This is the third annual list from Tenet who compiles the Top 10 Most and Least Respected Brands of the year based on a survey of approximately 10,000 business decision-makers and opinion elites on familiarity and favorability. Brands with the highest Familiarity and Favorability are defined as most respected, while brands that are the most well known but have the lowest Favorability are considered the least respected.
- TechSquare Labs founders, Paul Judge and Allen Nance are launching a $25 million fund aimed at high-risk, high-reward bets on nascent technologies and unproven entrepreneurs according to the Atlanta Business Chronicle. The well-known and well respected Atlanta entrepreneurs did not comment on the new fund, which will help seed the incubator’s entrepreneurs and startups.
Join us Monday, November 9th for the next meeting of The Dana Barrett Show Business Book Club! This month’s selection is THE BIG SHORT by Michael Lewis. Read the book with us before the movie is released in December! We will meet at American Food and Beverage in Buckhead. Get all the details and sign up to attend here: http://www.meetup.com/DBShow/.
For other events and appearances, check out Dana’s event calendar: http://danabarrett.com/events/.