Philips, the international consumer electronics giant based in Eindhoven, the Netherlands, has consolidated its estimated $200 million media planning and buying business for all divisions in western and eastern Europe with the Carat
Group. The divisions include Sound & Vision, Domestic Appliances & Personal Care and Lighting. D'Arcy Masius Benton & Bowles' and Euro RSCG's creative work for Philips are unaffected. Previously DMB&B and Euro RSCG handled most of Philips' media in Europe. Local planning and buying will be handled through Carat's European network, with pan-regional activities and media management coordinated by Carat International in London and Amsterdam.
AT&T's Consumer Products unit said it will close its nationwide chain of AT&T Phone Center stores, and distribute its products through traditional retail outlets and communications service providers. The company said closings of its 338 stores will begin next month. About two-thirds of AT&T products are now sold through other retail outlets, and the company said it wanted to concentrate on design and manufacturing, rather than retailing.