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J.C. Penney's Slashing Prices on All Merchandise
January 26, 2012

J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers will no longer have to wait for a sale to get the lowest prices in its stores. The company said yesterday that it's getting rid of the hundreds of sales it offers each year in favor of a simpler approach to pricing.

Private Equity Buyout Might be Talbotsโ€™ Last Chance
January 26, 2012

Womenโ€™s apparel chain Talbots might have no choice but to accept a private equity buyout offer if one materializes later this month as expected. In December, Talbots rejected a $3 per share unsolicited buyout proposal from Sycamore Partners, a New...

Yahoo Stores Rolls Out Enhancements
January 26, 2012

Yahoo Stores rolled out its first release of the year with a number of enhancements, including new ways to let customers know about its "Saved Cards" feature. Saved Cards lets customers go through checkout without having to re-enter their payment and billing address information every time they shop at a merchant's Yahoo Store.

Golfsmith to open 10 stores
January 26, 2012

Austin, Texas -- Golfsmith announced Thursday plans to open 10 stores and relocate four existing locations in fiscal 2012, increasing its sq. ft. by 17.5% and adding a more experiential presence. The new 2012 stores include locations in Cleveland,...

Olympic Mascot Toys Embroiled in Sweatshop Claims
January 26, 2012

The Olympic motto is "Faster, Higher, Stronger," but perhaps the word "cheaper" should be added. Toy versions of the Olympic mascots are being made at a factory now being investigated for "poor pay and conditions."