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...
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...
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...
" 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...
created by BMCWrites | 3 years ago 181 views | 0 recommendations | 1 comment
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 | 3 years ago | updated 3 years ago 2337 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 | 4 years ago | updated 4 years ago 767 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 | 4 years ago | updated 4 years ago 331 views | 4 recommendations | 1 comment
" 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 | 4 years ago | updated 4 years ago 1246 views | 20 recommendations | 5 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 | 4 years ago | updated 4 years ago 792 views | 3 recommendations | 1 comment
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 | 4 years ago | updated 4 years ago 2097 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. ...