Mergers & Acquisitions

Best Buy is closing all of its branded stores in China, highlighting the resistance of Chinese shoppers to some western-style store experiences. The retailer, which will continue to run 170 stores in China under the Five Star brand acquired five years ago, is also giving up an attempt to enter Turkey, with the closure of two trial-run stores opened in the past two years.

Green Mountain said it will make Dunkin' Donuts coffee available for use in its Keurig single-cup coffee brewers. The partnership escalates the battle between Green Mountain, Starbucks and others for the single-cup coffee market.

RadioShack said its fourth-quarter net income fell by 25 percent, which was toward the low end of the company's already reduced guidance. The company reported net income of $57 million in the October to December period, down from $75.7 million a year ago.

Blockbuster has agreed to be purchased by a group of debt holders for as much as $290 million as part of a bankruptcy auction, according to Businessweek.com.

Wal-Mart is losing customers to dollar stores as it stuggles with pricing, and it continues to recover from a poorly executed decision, since reversed, to pare down the number of items it offered.

Deals website Groupon appears to be making preparations to start operations in China, a move that could shake up the market for group buying, even though challenges lie ahead for the young U.S. company.

Best Buy has announced a series of moves designed to enhance the company’s growth prospects and profitability. On the domestic front, it plans to double the number of Best Buy Mobile stores by the end of the current fiscal year by opening 150 new freestanding stores to give it a total of 325 units.

eBay is adding FedEx to the mail carriers it integrates with on its site. Sellers can now select FedEx Express and FedEx Ground services from the drop-down menu of shipping services when listing items on eBay.

Even though the number of store openings by major U.S. retail industry chains is expected to far outnumber the amount of store closings in 2011, both large and small retail chains will still be struggling to hold onto their domestic retail presence, keep stores open, and grow sales and turn a profit.

NASCAR is locking in its biggest ever retail promotion with the world's biggest retailer, with CNBC's Darren Rovell, and Brian Sozzi, Wall Street Strategies.