Consumers who use more than one channel when shopping for goods overwhelmingly prefer to move from online to brick-and-mortar locations, according to a new study from IBM. According to the study, 75% prefer to move from clicks to bricks when...
While acknowledging that certain aspects of the proposed sale procedure were unusual, Gross said Boscov's has "a sterling reputation," and that the company, along with its creditors, employees, customers and the communities in which it operates...
Kohl's Corp. is opening 46 stores Wednesday as part of an aggressive effort to take market share from competitors just as the holiday season gets under way and U.S. consumer spending is stagnating. "We've been in a period now for over a year...
Moody's has cut the ratings of iStar financial, which specializes in commercial real estate lending, to junk. A company spokesperson tells the Wall Street Journal, however, that iStar should weather this fine for the time being. ...
More bad news for Circuit City. After the resignation of its CEO followed by disappointing quarterly results and the company's decision to withdraw its guidance, the company has hired turnaround specialist FTI Consulting Inc. as an adviser on...
