The people over at Gizmodo scored some "leaked" images of the new Microsoft stores that will put them head to head against Apple's retail locations. Click the image below to check them out.
One of the last things we expected to hear in this economy is a retailer IPO. But Vitamin Shoppe, which operates 425 units with plans to more than double that number, seeks to raise $143.8 million. The retailer, mostly owned by private-equity firm Irving Place Capital Management, did not provide a timeline...
It looks like the story isn't entirely over for Ritz Camera, which filed for bankruptcy and seemed near liquidation. A firm called RCI Acquisition has stepped in and agreed to purchase and operate 163 of its 375 remaining stores. RCI is led by David Ritz, CEO of the retail company, as loyal reader James...
Things apparently aren't improving in the restaurant world. Traffic at chain eateries fell by 2.6% in the second quarter, the largest decline in 28 years, according to research firm NPD Group. And all of this took place even as consumers spent more money. During the same period, average checks increased...
This one's gonna be a shocker to most readers: Consumers aren't going to spend nearly the amount of money on back-to-school items this year as they have in the past. A study by America's Research Group says sales will drop between 8.5% and 12% from last year. "Back-to-school spending will be a minor...