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...
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...
created by Annina Bergman | 13 wks ago | updated 13 wks ago 742 views | 4 recommendations | 3 comments
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...
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,...
created by Jordan Yerman | 35 wks ago | updated 35 wks ago 275 views | 6 recommendations | 2 comments
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...
created by Terri Potratz | 38 wks ago | updated 37 wks ago 199 views | 4 recommendations | 2 comments
" 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 ...
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...
created by Terri Potratz | 41 wks ago | updated 39 wks ago 679 views | 19 recommendations | 6 comments
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 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...
created by Terri Potratz | 41 wks ago | updated 41 wks ago 361 views | 3 recommendations | 2 comments
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...
created by Terri Potratz | 41 wks ago | updated 41 wks ago 1444 views | 16 recommendations | 8 comments
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. ...
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...
created by Terri Potratz | 42 wks ago | updated 42 wks ago 246 views | 12 recommendations | 5 comments
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...
created by Terri Potratz | 44 wks ago | updated 40 wks ago 412 views | 1 recommendation | 1 comment
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...
created by Terri Potratz | 44 wks ago | updated 26 wks ago 22453 views | 19 recommendations | 13 comments
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...
created by Terri Potratz | 44 wks ago | updated 38 wks ago 609 views | 2 recommendations | 2 comments