Tuesday, October 26, 2010

Magic At Work


When I say "Magic Johnson," what is the very first thing that comes to mind???

Maybe it's the Lakeshow, leading fast breaks with James Worthy and Kareem.

Maybe it's what seems like a lifetime "battle" (not quite sure that's the right word) with HIV/AIDS.

OR Maybe it's the NBA Analytic skills he displays night in and night out on TNT during the season.

But, here's what you should think immediately...

Magic Johnson is about his business. Earlier this week, NBA legend, Earvin "Magic" Johnson, sold his 4.5% interest in the Lakeshow. The following day, he also sold his 105 Starbucks retail locations back to the company for over $100 million! Yeah a 100 mil. Not only did these actions create a buzz among the public, but Johnson says he chose to sell purely because the deals made good business sense. And we were supposed to believe that...

Last Wednesday, the announcement was made that Magic Johnson Enterprises, along with an ownership team comprised of four local Hollywood companies and premiere North American travel retailer, Hudson Group, have been selected by Los Angeles World Airports (LAWA) to refresh the retail concessions program throughout 4 terminals of Los Angeles International Airport (LAX). The deal generates approximately 21 news, gift, book and specialty retail stores, totaling 20,716 sq ft of prime selling space in Terminals 4, 5, 7 and 8.

Magic had this to say...

“Our plan is a long-term commitment to transform the airport's current retail
concessions and turn LAX into a vibrant, modern retail destination to rival any
airport in the world."
I see you shinning Magic.

SCREAM @ ME!!!

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