He also says that Starbucks is getting "pantsed by Mickey D's." Whoa. Cramer speaks with Jim Skinner, McDonald's CEO. [caption id="attachment_364" align="alignnone" width="300" caption="Watch Video"][/caption]
We've seen the Microsoft commercial below about surfwear company Quicksilver fighting the "economic tsunami" through technology a few times on television. We wonder if it's going to get pulled from circulation now that the company is announcing 200 layoffs. [youtube=http://www.youtube.com/watch?v=nH6IMF61ln0&hl=en&fs=1]...
We kinda saw this coming. Williams-Sonoma is cutting 18% of its full-time staff, or about 1,400 jobs, Bloomberg reports, after same-store sales during the holiday season dropped 24% year over year. The home-furnishings chain is also closing a call center and a warehouse. A company statement says that...
We promise that this isn't a promotional message for ICSC's Spring Convention in Las Vegas this May, but we couldn't let this go unmentioned. While checking our Crackberry yesterday evening, we received an email telling us that our room rate for the convention had been reduced by $90(!!!), and it wasn't...
Some say there could be for other retailers. A Dow Jones article specifically points to Best Buy as being the big winner, grabbing up to 40% of the liquidating retailer's sales. Analysts are saying that other retailers, like Costco, Wal-Mart and Staples could stand to gain as well. So does that mean...