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Microsoft, Barnes & Noble Complete Partnership Deal
October 4, 2012

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....

Bakers Footwear Files for Bankruptcy After Sales Decline
October 4, 2012

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 Announces Engagement to The Knot
October 3, 2012

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.

Walgreen Sales Dive in September
October 3, 2012

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...

Target's ‘Falling for You’ Video Allows Viewers to Watch and Shop
October 3, 2012

"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 Files for Bankruptcy After Sales Decline
October 3, 2012

-- 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 retail sales surge 23% in Sept.
October 3, 2012

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.

Family Dollar posts record sales and earnings
October 3, 2012

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 Sued Yet Again for Alleged Gender Discrimination
October 3, 2012

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.