Microsoft Corp. (NASDAQ: MSFT) and Barnes & Noble Inc. (NYSE: BKS) announced a joint venture in April that would build on the two partners' innovations in e-readers. Today the deal was finalized and the resulting company, called Nook Media LLC, was born....
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Bakers Footwear, a mall-based retailer of shoes for young women, filed for bankruptcy protection after announcing a plan to close stores and reduce costs because of declining sales. The company listed assets of $41.9 million and debt of $59.5 million as of April 28 in Chapter 11 documents filed today in U.S. Bankruptcy Court in St. Louis. Chapter 11 is the section of the U.S. Bankruptcy Code used by companies to reorganize.
Men's Wearhouse and The Knot Wedding Network, the country's leading wedding resource, have announced that they have entered into an exclusive agreement wherein Men's Wearhouse will be the tuxedo provider of choice on TheKnot.com. This arrangement will give brides-to-be the opportunity to view and interact with Men's Wearhouse brand-name tuxedo merchandise at an early stage of the wedding planning process.
Same-store sales at Walgreen Co. (NYSE: WAG) dropped 7.8% in September, compared with sales in September 2011, from $5.94 billion to $5.48 billion. Customer traffic fell 2.3% while the average sales ticket rose by 0.8%. The biggest problem was...
"Falling for You" is about selling stuff, more or less in real time. Whenever an item appears in the film, it simultaneously flashes on the right side of the screen, where viewers captivated by the lipstick, watch or pants-like apparatus can click on what appears to be either a heart or smudge of insect blood. At the conclusion of the film, viewers can buy everything they've hearted/blood-smudged and social-mediafy it to all their pals. I'm happy to report that the technology works seamlessly.
-- Bakers Footwear Group Inc. (BKRS) The company listed assets of $41.9 million and debt of $59.5 million as of April 28 in Chapter 11 documents filed today in U.S. Bankruptcy Court in St. Louis. Chapter 11 is the section of the Bankruptcy Code used by...
AutoNation said retail sales of new vehicles surged 23 percent in September to 22,982 units. Import brands made the largest jump -- 38 percent above September 2011 -- to 11,854, the company announced today.
PHILADELPHIA, Oct. 3, 2012 /PRNewswire/ -- Destination Maternity Corporation (NASDAQ: DEST), the world's leading maternity apparel retailer, opened the first Destination Maternity® store in Abu Dhabi, United Arab Emirates on Tuesday, October 2nd. This...
Family Dollar Stores, Inc., Matthews, N.C., reported record sales and earnings results for the fourth quarter and year ended August 25, 2012. Family Dollar Stores, Inc., Matthews, N.C., reported record sales and earnings results for the fourth quarter...
Wal-Mart is facing its third regional gender bias lawsuit since the Supreme Court rejected a nationwide class-action suit filed by female workers in California and Texas. Three female employees sued Wal-Mart in federal court in Tennessee on Tuesday, claiming discrimination against female workers in the company's Region 43, which consists of Tennessee and parts of Alabama, Arkansas, Georgia and Mississippi.