retail news in context, analysis with attitude

'The Chicago Sun Times reports that Michael Jordan has reached a settlement with both Dominick's and Jewel-Osco in near identical cases in which the supermarket chains - now both owned by Albertsons - were accused of using Jordan's name without authorization in advertising included in a 2009 limited edition of Sports Illustrated.

Jordan reportedly will donate the entire settlement to Chicago-area charities.

The settlement, according to the Sun Times , "comes three months after Jordan scored a slam-dunk $8.9 million verdict against Dominick’s at the end of a two-week jury trial this summer at the Dirksen Federal Courthouse. A trial in the Jewel case had been set to begin Dec. 8, but U.S. District Judge Gary Feinerman canceled it Friday ... The big-money verdict against Dominick’s created sensational headlines in August. However, neither side would reveal on Sunday the terms of the agreement Jordan struck that now resolves both cases."
KC's View:
Win-win-win. The chains get this problem off their plates. Charities get some money. And Jordan makes his point.