News

The debate over whether online retailers should be collecting sales tax is one of those “level playing field” issues that puts traditional brick and mortal retailers at a disadvantage. Or does it?

MCKINNEY, Texas — Blockbuster is taking advantage of recent pricing changes at Netflix to lure customers over to its Total Access service. 

The company is offering Netflix customers who switch to one of Blockbuster's two most popular Total Access plans a 30-day free trial. After the free trial, customers will continue to receive Total Access for a new everyday price of only $9.99 per month for "1 Disc" at a time or $14.99 per month for "2 Discs" at a time, the company reported.

ARLINGTON, Va. — Members of the Retail Industry Leaders Association on Wednesday arrived in Joplin, Mo., to help clean up the Midwest city that was hard-hit in May by a category F-5 tornado.

DALLAS — Tuesday Morning  reported fourth-quarter net sales of $194.8 million, a decrease of 3% from last year's fourth-quarter net sales of $200.8 million. Comparable-store sales for the quarter decreased by 4.5%, which was comprised of a 5.4% decrease in traffic and a 0.9% increase in ticket.

BENTON HARBOR, Mich. — Whirlpool Corp. announced that it was inducted into the Made in the USA Foundation's Hall of Fame at an awards dinner on July 2 in Santa Monica, Calif. Whirlpool was the winner of the Large Kitchen Appliances Category.

New York — Najafi Cos., the private equity firm that tentatively agreed to purchase bankrupt Borders Group, is is reportedly no longer interested in Borders unless its conditions are met, The Wall Street Journal reported.

Najafi, which owns the Book of the Month Club, said in a statement that financial advisors “have elected another option which is in contrast to what he had envisioned for the future of Borders.”

Specialty retailer Mattress Giant named industry veteran Mike Bookbinder as its new EVP merchandising and marketing. Bookbinder’s name is familiar to those in the world of sleep-related retail, as he spent 11 years with the New York-based Sleepy’s chain where he held various roles including EVP of sales and marketing. He also served as president of City Mattress in upstate New York and most recently was with mattress manufacturer King Koil where he served in a new business development role as SVP sales.

CINCINNATI — Kroger on Wednesday launched a new website in support of its Comforts line of baby products, the grocer announced. 

ComfortsForBaby.com will enable busy moms to access and exchange ideas online, offering a community where mothers can share their insights and experiences parenting newborns, infants and toddlers. The website is available in English and Spanish, with the Hispanic microsite designed specifically to engage Latina moms.