FOOTHILL RANCH, CA-The Wet Seal closures will leave the company with 400, mostly mall-based units.

FOOTHILL RANCH, CA-The Wet Seal closures will leave the company with 400, mostly mall-based units.

DALLAS-The largest movie-rental chain plans to take its $1 billion offer to shareholders and may up its bid.

DALLAS-The largest movie-rental chain plans to take its $1-billion offer to shareholders and may up its bid. If successful, the deal would add about 2,000 stores to Blockbuster's portfolio.

NEW YORK CITY-The parent company is converting a Toys "R" Us unit, though observers say similar conversions aren't likely.

NEW YORK CITY-The parent company is converting a Toys "R" Us unit to make way for the store, though observers say similar conversions aren't likely.

SANTA MONICA, CA-The $2.3-billion proposal is the latest in a string of major retail portfolio acquisitions this year.

SANTA MONICA, CA-The $2.3-billion proposal is the latest in a string of major retail portfolio acquisitions this year.