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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... Planned Obsolescence: Not Just Hard on Your Wallet
There is a reason it's often cheaper to replace a broken electronic gadget than to fix it - the tech industry planned it that way. The unfortunate consumer cycle of want, buy, upgrade, replace, discard is a very... 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...
created by Terri Potratz | 4 years ago | updated 4 years ago
438 views | 12 recommendations | 4 comments
438 views | 12 recommendations | 4 comments
Repair Shops and Second Hand Stores Thriving in Recession
Rather than buying new shoes this year, why not head to your local cobbler? Early research indicates that more Americans are spending their money fixing perfectly good products they already own, and buying... List of US Retail Store Closings in 2009 (Ongoing)
Following a shattering year of desperate company restructuring plans, bankruptcy filings, and subsequent store closures in 2008 within the US retail market, more news of store closings across America is anticipated...
created by Terri Potratz | 4 years ago | updated 4 years ago
36578 views | 9 recommendations | 16 comments
36578 views | 9 recommendations | 16 comments
List of UK Retail Store Closings in 2009 (Ongoing)
News of retail store closures in the United Kingdom seems to be arriving daily, as the economic downturn is forcing companies to restructure or file for bankruptcy and close their doors. NowPublic has compiled...
created by Terri Potratz | 4 years ago | updated 4 years ago
13459 views | 32 recommendations | 38 comments
13459 views | 32 recommendations | 38 comments
Goody's Family Clothing Goes Out of Business
Goody's Family Clothing will liquidate next week, despite months of attempts to keep the US retail chain alive. "The retailer filed for bankruptcy protection on June 9, saying it had been hurt by high gasoline and food prices that had forced consumers to cut back on...
created by Terri Potratz | 4 years ago | updated 4 years ago
2190 views | 1 recommendation | 1 comment
2190 views | 1 recommendation | 1 comment
Searle Files for Bankruptcy
Another US retailer has filed for bankruptcy, indicating that store closings may soon follow for Searle. The womenswear manufacturer and retailer is based out of New York, with 7 operating stores selling...
created by Terri Potratz | 4 years ago | updated 4 years ago
796 views | 0 recommendations | 0 comments
796 views | 0 recommendations | 0 comments
Stila and Mattel Team Up for Barbie Cosmetics Line
For her 50th anniversary, Barbie is not only getting a brand new pair of Christian Louboutin pumps and a fashion show at Mercedes-Benz Fashion Week, but her very own cosmetics line. Stila and Mattel are teaming up...
created by Terri Potratz | 4 years ago | updated 4 years ago
690 views | 0 recommendations | 0 comments
690 views | 0 recommendations | 0 comments
Whittard to become UK's latest retail casualty
The owners of the famous Whittard of Chelsea chain of shops decided to close down its operation in the wake of economic recession. The chain which sells tea, coffee and crockery, are actively seeking a...
created by Sanjay Jha | 4 years ago | updated 4 years ago
1952 views | 17 recommendations | 12 comments
1952 views | 17 recommendations | 12 comments
UK Store Iceland buys 51 Woolworths stores
The UK food retailer, Iceland has bought 51 Woolworths stores. The stores are in the south of England. Iceland first made an offer to buy all of Woolworths' 815 stores last August. " Frozen food retailer... Richard East Marketing & IT Services
Business Data Mining has become somewhat of a passion and the core of one of the major software projects that we are currently engaged in. Richard East is planning to releas this new, cutting edge data mining software during the first quarter of 2009. List of Retail Store Closings in US
Related NowPublic.com story: List of Retail Store Closings in the US in 2009The plagued economy has spawned a massive fallout within the retail sector, and hundreds of stores like Office Depot, Sergio Rossi,...
created by Terri Potratz | 4 years ago | updated 4 years ago
236750 views | 104 recommendations | 77 comments
236750 views | 104 recommendations | 77 comments
Adams Closes 111 Stores, 850 Jobs Lost
Last week the Adams childrenswear company announced it was going into administration, and at the time the fate of its 260 stores and staff of about 2,000 was unknown. Today, Adams announced the closure of 111...
created by Terri Potratz | 4 years ago | updated 4 years ago
603 views | 14 recommendations | 2 comments
603 views | 14 recommendations | 2 comments
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