News

The top 10 consumer trends are…

Everyone is an expert. And everyone, regardless of their age, wants to be treated as younger.
Gymboree files for bankruptcy protection; to liquidate some 800 stores

Gymboree has filed for Chapter 11 bankruptcy protection for the second time in less than two years. But this time it has no plans to revamp its business.
Shopko files for bankruptcy; to reduce store footprint, sell Rx business

A “challenging retail environment’ and heavy debt has taken its toll on Shopko.
Nordstrom full-price stores hit with soft holiday traffic

Nordstrom’s full-price stores saw softer holiday traffic, causing the retailer to take a more promotional stance to get rid of excess inventory.
Sears reportedly survives as Lampert’s offer is accepted

Sears Holdings Corp. still has a pulse, having avoided liquidation at its bankruptcy auction.
Signet Jewelers division pays $10 million fine

Sterling Jewelers has settled a dispute over alleged credit-card practices.
Whole Foods reportedly puts brakes on its 365 store concept

It appears that Whole Foods Market has decided not to expand its smaller-store format.
Analysis: Sears may still be alive, but cards its holds are not winning ones

According to a report in the Wall Street Journal, Eddie Lampert has managed to avoid the liquidation of Sears after sweetening his bid for the ailing chain.