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Blockbuster, which filed for bankruptcy Thursday, won court permission to draw $20 million of a $125 million loan that will let it operate while it reorganizes to emphasize online rentals.The court approved the loan Thursday afternoon at a hearing in Manhattan. Blockbuster said it will only spend $10 million before Sept. 27. In its Chapter 11 filing, the company said that it had agreed with a group of bondholders on a plan of reorganization and secured the loan to finance operations in the meantime.In a Bloomberg report, Blockbuster CEO James Keyes said the chain has not made any decisions

Retailer Lane Bryant is offering consumers location-based mobile coupons and promotions that can be directly redeemed from their mobile device.

Sears Holdings Corp. plans to open toy departments in time for the holidays in 85 of its namesake stores across the country, according to Reuters.

Overstock.com launched a branded MasterCard credit card that provides enhanced rewards for Overstock.com customers, including additional savings on purchases and reward dollars on other purchases made when using the card.

Zale Corp. on Thursday said its board named interim CEO Theo Killion to the post permanently and to its board.Killion had served as president and interim CEO since Jan. 13 at Zale.

The Finish Line said Thursday that its second-quarter profit rose as it rebounded from a messy quarter a year earlier, when it exited its Man Alive stores business.The company said it earned $16.8 million or the quarter that ended Aug.

Borders Group Inc. President Michael Edwards says he has hit on a solution for reviving his money-losing bookstore chain: Be less like a bookstore.

Billionaire investor Ronald Burkle alleged Barnes & Noble Inc. (BKS) management is manipulating communication with the company's employees as a Tuesday vote by shareholders on board directors approaches. Burkle, which is running a dissident slate that includes himself, charged Friday that his investment vehicle "was refused access to company resources repeatedly used to urge employees to support Chairman Leonard Riggio." "Barnes & Noble used company resources and the company's internal communications systems on multiple occasions to solicit votes for Leonard Riggio and his hand-picked nominees to the board," said a Yucaipa Co. spokesperson in a statement. "But

Sears, saddled with extra space in its cavernous Sears department stores, is joining with hot fashion chain Forever 21 to expand the store-within-a-store concept. The move will give Sears rental revenue and also supply some much-needed fashion pizzazz for the retailer, which has been trying for years to make its apparel business, especially for young women, more appealing.

A new study by mobile ad network Millennial Media and comScore suggests that a small segment of mobile consumers prefer to shop via mobile rather than other ways. Among the 8 percent of wireless subscribers who are mobile retail users, 27 percent said they had purchased or browsed retail items only through their handsets in the last 30 days as opposed to online or in brick-and-mortar stores.