Game on the brink after it says shares may have no value

Game Group is teetering on the brink of administration, putting 10,000 jobs at risk, after the troubled computer games retailer admitted that its shares could be worthless. The group, which has nearly 1,300...

38% drop in profits at Arcadia, Topshop-to-Bhs fashion empire

Pre-tax profits at Arcadia, which also owns the Topshop, Bhs, Topman, Burton, Dorothy Perkins, Miss Selfridge, Wallis and Evans brands tumbled from £213.2m to £133.1m in the year to 27 August, a decline of...

UK Video games chain warns of loss as fear sweeps the high street

Although gamers queued up last week to get their hands on Call of Duty: Modern Warfare 3, Game chief executive Ian Shepherd said the success of a handful of titles was not enough to counter a dramatic slump in...

A Brazilian retail group to enter French Carrefour's capital

French retail giant Carrefour is currently negotiating a merger of its activities in Brazil with CBD, the leading Brazilian retail group and supermarket franchise. This project could vivid tensions between Carrefour and its main competitor in France, Casino.Carrefour last...

British High Streets; The Mary Portas Revival plan

13 December 2011  Retail expert Mary Portas report for government on the decline of town centres says years of neglect and the growth of online shopping have left many areas "dying". Mary warns that many of...

British Economy; BBC set to cut 2000 jobs and BAE Systems 3000

  06th October 2011 BBC set to cut up to 2000 jobsA PLAN unveiled today for a “smaller” BBC will see the corporation lose thousands of jobs, sell off offices and show more repeats. The proposals...

U.K. Retail Sales Plunge

The beginning of April has seen the worst retail sales since records began. British high streets up and down the country are seeing less customers and those lucky enough to have any money are spending less. The...

Obama ‘Scaring Dickens Out of Small Businesses’

" An e-mail exchange took place last week between a St. Louis man who describes himself as “a long-time customer” of a large retail store chain and a representative of the company’s customer service department.  It began April 3 with a simple question: "“Are you...

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...

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