We've seen the sales figures for months now, but this article nicely illustrates just how badly Target has gotten slapped around by Wal-Mart over the last year, especially in November when the former saw a same-store sales decline of 10.4% compared with Wal-Mart's 3.4% gain. Piper Jaffray analyst Jeffrey...
In news that unfortunately shocks no one, KB Toys has filed for bankruptcy and plans to close all of its 460 stores. The mall-based chain, which filed for bankruptcy earlier this decade, isn't even waiting for the holiday season to end. It is starting its liquidation sales immediately, according to a...
With all of this craziness in the economy, we'd almost forgotten that Whole Foods has been trying to acquire Wild Oats Markets for...what? About 10 years now? Actually, the deal, which seems like ages ago, was only announced in February 2007. Later that year the FTC started opposing the deal, and now...
We attended the ICSC New York National Conference yesterday, and the mood was, uh, cautious at best. One the one hand, you had ICSC executives promising members good hotel deals at the Spring Convention in Vegas, on the other hand, J. Crew CEO Mickey Drexler, head of one of the only apparel chains have...