Walmart Sells Caskets Online. How Will Funeral Homes React?

It was revealed today that retail giant Walmart is selling caskets and urns on their website. So, if you go to www.walmart.com, and type in "caskets," you will be surprised by the selection of caskets available to you. The cheapest one retails for just under a thousand...

SQL Injection: Albert Gonzalez Steals 130M Credit Card Numbers

Albert Gonzales, 28, is charged with the largest case of credit and debit card theft in US history. Gonzales, from Miami, Florida, is already in jail for hacking into the databases of retail stores and stealing...

Prisons + Tshirts = Jobs

Michael Norburyhttp://bringhomethepoliticians.comThe following is a comment I posted to a California newspaper's online Op-Ed complaining that the idea being considered to release 27,000 low risk and elderly prisoners was being unfairly opposed citing that just because the...

Office Depot Employees Blowing The Whistle On Scams

Shady dealings in electronics are nothing new- we all know the shops to avoid, right? What if one of those shady retailers was a big-box store? What if it was Office Depot? According to several whistleblowers,...

Liquidity Fears Prompt Delay in Spring Deliveries at Barneys

While retailers and boutiques prepare to launch new spring collections within their retail spaces, Barneys New York is coming up a bit short as numerous accounts are withholding product until the department store...

Retail sales rise 1 percent in January

" U.S. retail sales jumped 1 percent in January, reversing a six-month declining trend and defying economists' expectations by posting the biggest increase in 14 months."This is good news.  It certainly ...

Hudson's Bay Company Cuts 1,000 Canadian Jobs

HBC will eliminate 1,000 Canadian jobs, or about 5% of its workforce, in an effort to restructure and survive the dour retail market which has affected retailers around the world.  Major store closures and...

Liz Claiborne Cuts 725 Jobs

Another major US retailer is resorting to layoffs to address the dire economic market, with the latest round of job cuts implemented at Liz Claiborne.  725 employees, or 8% of its total work force, will be eliminated by the end of the first quarter in an effort to cut...

Shop Direct to Relaunch Woolworths

Shop Direct has purchased the recently collapsed Woolworths, and will relaunch the British retailer as an online brand.  Woolworths was forced to close all 800 of their stores in December after going into...

Macy’s Consolidation Results in Layoffs of 7,000

A press release from Macy's today outlined a consolidation plan which call for 7,000 employee layoffs.  About 40% of this figure represents an the elimination of executive positions, with the remainder of the...

Circuit City to Close All Stores

Circuit City has filed for Chapter 7 bankruptcy, meaning that it will close all of its stores and dispose of all of its assets.  In a recent press release, Circuit City stated that it would be unlikely that any assets would remain for their common stockholders. ...

Gut Instinct More Accurate than Deliberated Decisions

A new study published in the Journal of Consumer Research has found that people who deliberate are less likely to make consistent and accurate decisions.  Those who make snap judgments based on their gut...

Saks Sacks 1,100 Employees

Saks is cutting 1,100 employees by the end of January, or about 9% of its total workforce, in an effort to reduce company costs as the unstable economy continues to wreak havoc upon the retail industry.  The...

US Department Stores Give Away $175m in Free Makeup

Yes, you read that correctly, and no, there's no catch. Department stores in the US are being forced to give away $175 million worth of free makeup, fragrance and beauty products beginning Tuesday January...

Neiman Marcus Lays off 375 Employees

Neiman Marcus is responding to a company-wide efficiency evaluation by laying off 375 employees this week, with more layoffs likely in the near future as the productivity assessment continues. UPDATE: On February...

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