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Research In Motion has turned down takeover overtures from Amazon.com and other potential buyers because the BlackBerry maker prefers to fix its problems on its own, according to people with knowledge of the situation.

There might be more women working in retail, but they're getting paid a lot less than their male counterparts. A recent study conducted by the Retail Action Project and the City University of New York found that on average, in New York City women are making $9.77 per hour while men are making $10.64 per hour for the same job.

by Leave a Comment Tags: Industry News, What's New, Athletic, Footwear, Mark Parker, Nike Beaverton, OR—Nike reported Tuesday that its second quarter profit rose 2.6% as demand for its sport and athletic footwear, apparel and accessories increased globally. For the quarter ended Nov. 30, Nike posted net income of $469 million, or $1 a share, compared with $457 million, or 94 cents a year ago. That was better than analysts’ average expectation for earnings of 97 cents. Nike’s profit has surpassed projections in 21 out of 22 quarters. Net revenue rose 18% to $5.7 billion, up from $4.8 billion

Borders won court approval of the final details of its plans to dissolve. The bankruptcy judge finalized terms of creditor repayments after five remaining objections were resolved.

He might be the starting quarterback for the Denver Broncos, but Tim Tebow is having a major impact in Las Vegas, especially when it comes to sales at local sports merchandise and memorabilia stores. The impact could be even greater if stores could keep his jersey in stock. In fact, it has gotten so bad that in Las Vegas holiday shoppers looking for that last-minute Christmas gift for a Broncos fan may have to cross Tebow jerseys off their list.

(IDEX Online News) – More American's are turning to online buying, leading to a 15 percent rise in online purchases in the first 48 days of the November – December 2011 holiday season. Consumers have spent nearly $32 billion in the period, according to comScore. During the week ending December 18, sales reached an all-time record of $6.3 billion in online retail spending, up 14 percent from the corresponding week last year. On four different days, sales exceeded $1 billion. The final shopping weekend before Christmas reached $1.04 billion to rank as the second heaviest weekend of online spending

Following Mike "The Situation" Sorrentino's lawsuit against Abercrombie & Fitch, his pint-sized reality TV cohort, Nicole "Snooki" Polizzi, has found herself in her own legal entanglement. Polizzi is being sued for $7 million by licensing company SRG Ventures, which claims that it entered a business partnership for a variety of Snooki-related merchandise.

Liveclicker, a provider of video commerce solutions for the web’s top brands, announced the results of the retail industry’s most comprehensive revenue analysis ever performed on e-commerce videos live during the holiday shopping season. “With the world’s most extensive collection of retail video analytics, Liveclicker’s clients are uniquely positioned to drive video commerce success,” said Justin Foster, Liveclicker’s co-founder and vice president of market development.

With television still serving as a major outlet for consumers to gather information as well as entertain themselves, retailers still rely heavily on the tube for much of their holiday marketing. In fact, according to the Retail Advertising and Marketing Association’s latest survey, more than one-quarter of consumers said television/broadcast influenced them to shop at a particular retailer this holiday season, up from 22.0 percent last year.

Oakbrook, Ill. -- Ace Hardware said Wednesday it has named John Venhuizen COO, effective Jan. 1, 2012. Venhuizen has spent nearly two decades with Ace and most recently served as executive VP supply chain, information technology and international. In this position, he helped grow the number of Ace stores around the world, as well as create a variety of successful support and incentive programs for retailers. Venhuizen will report to Ray Griffith, president and CEO.