5 Ways Retailers Can Beat Amazon This Holiday Season

There’s no denying that when it comes to holiday shopping, Amazon is the company to beat. The past few years saw the retail giant’s sales figures going up, especially during the holidays, as thousands of consumers opt to shop online…

After Christmas Sales – Before Christmas?

When retailers start offering before Christmas sales before the actual holiday, you have to question – what is up? Retailers have Black Friday– the most insane shopping day of the entire year – and all of those weeks in between…

Retailers to Sell One-Third of Tablets This Year

Tablets are now the hottest growth commodity in the tech industry. A recent Gartner report even showed that tablet growth is largely helping to offset the decline of the PC industry and pushing continued IT growth in 2013. Now it…

Holiday Retail Sales to Hit $738 Billion

October has just begun, and for many retail outlets that means dragging out the holiday decorations. With the economy slowly rebounding over the past five years, experts are now expecting to see a marginal increase in sales this holiday shopping…

J.C. Penney: $850 Million Borrowed to Shore Up Inventory

J.C. Penney today announced that it has borrowed $850 million from a revolving credit fund of $1.85 billion. The company stated that the money will be used to ensure the company’s liquidity and replenish inventory levels. “Earlier this year, we…

Best Buy Adopts Online Price-Matching

Over the holiday season, Best Buy began offering its customers price-matching on products that can be found for lower prices at online retailers. The move was meant to curb incidences of “showrooming” – the term that refers to customers who…

HMV to Close 66 Stores, Lay Off Over 900 Employees

Last month, U.K. electronics retailer HMV entered administration. Employees and customers were left wondering whether the business would be shutting down. Today, Deloitte, the firm hired to oversee HMV’s administration, announced that 66 HMV stores will be closing throughout the…

Blockbuster Closing 300 More Stores in the U.S.

As media consumption shifts to streaming and downloaded products, retailers of physical entertainment media are being forced to change rapidly or die ignoble deaths. At the same time that Blockbuster U.K. has entered administration (bankruptcy) and announced 160 of its…

Blockbuster U.K. to Close 160 Stores, More Closings Possible

Last week Blockbuster U.K. announced that it would be entering administration and begin looking for a buyer for its 528 stores across the U.K. Today, the real process of closing up shop has started and store closings have been announced.…

Blockbuster U.K. Enters Administration

Coming just one day after U.K. electronics retailer HMV announced it would seek administration, auditing firm Deloitte has announced that it has been commissioned to administrate Blockbuster U.K. Deloitte was also mentioned as a possible administrator for HMV. Deloitte claims…