SEARCH

Entries in Competition (3)

Wednesday
May252011

Nasty Competition Fuels Dirty Business Tricks

Hemera Technologies/AbleStock[dot]com(NEW YORK) -- Stewart Patey, owner of a new mattress store in Everett, Wash., believes a rival business took competition too far by vandalizing his delivery truck. The incident appears to be part of a rising tide of business sabotage both online and offline being reported across the country.

Patey first noticed wiring scraps next to his truck outside his store in Everett last week. A surveillance camera captured video of an unidentified man crawling under Patey's delivery truck at 2:18 a.m. on May 19. Patey, who opened Mattress City in April with his wife, said he believes someone is trying to sabotage his business.

The surveillance video shows the man remained there for about 17 minutes cutting wires, which led to repairs of $300. Before this vandalism, Patey said he has reported three incidents of graffiti, also caught on video. In the six weeks Patey's store has been open for business, he filed four police reports and has paid about $1,600 in repair costs.

Small business sabotage appears to be on the rise, especially in a tight economy.

Competitors are also turning to online sabotage as well. And it's not just the little guys who want to get an edge -- social network giant Facebook admitted a few weeks ago that it hired top public relations firm Burson-Marsteller to pitch anti-Google stories to media outlets, suggesting story lines that Google was invading people's privacy.

Panagiotis Ipeirotis, a professor of information systems at New York University's Stern School of Business, said a virtual cottage industry has sprung up where individuals are paid to write comments boosting businesses -- or knocking others -- on review websites like Yelp or Amazon. 

Copyright 2011 ABC News Radio

Friday
Mar042011

Events Overseas Impact U.S. Jobs Market, Ignite Competition

Comstock Images/Thinkstock(NEW YORK) -- From angry protests in Greece over that country's debt crisis to civil unrest in Libya that threatens oil supplies, events overseas can have an instant impact on the U.S. economy and the jobs market.

"Our economy now is so linked to the global economy," says employment expert John Challenger.

He says that link means more competition between "our U.S. workers and the workers from all over the world for jobs in the global economy," and adds that, as a result, "we need to be more educated, we need to work harder."

Challenger says to expect job growth in energy, health care and international firms in the coming years.

Copyright 2011 ABC News Radio

Tuesday
Mar012011

Pizzeria Owner Tries to Sabotage Rivals with Mice

File Photo Courtesy - Getty Images(UPPER DARBY, Pa.) -- Cops arrested pizza man Nicholas Galiatsatos on Monday after a crosstown rival allegedly caught the owner of Bella Pizzeria in Upper Darby, Pa., trying to stash bags of live mice in two competing pizzerias.

"It's insane. It's crazy. I never heard of anything like that. I never witnessed anything like that," Fanis Facas, the owner of Verona Pizza told ABC affiliate WPVI-TV.

Facas said a man entered his restaurant Monday carrying a bag and made his way to the bathroom.

"He goes to the bathroom and I heard a noise going on in the bathroom. I thought it was just him banging around or something, so I checked after he had gone out of the bathroom," Facas said.

Inside the restroom, Facas said he found footprints on the toilet seat and a ceiling tile that had been tampered with. Upon further investigation, he said, he found a bag stashed in the ceiling filled with live mice.

Facas alerted two police officers who happened to be in the restaurant having lunch. The cops spotted Galiatsatos crossing the street and entering another pizzeria with another bag under his arm. When he noticed the police, Galiatsatos allegedly ran into Uncle Nicks and discarded the bag of mice in a garbage can. Cops found it and arrested him.

Police said they believe Galiatsatos was hoping to drum up business for his own struggling pizzeria by discrediting his rivals.

Copyright 2011 ABC News Radio







ABC News Radio