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The ubiquitous electronics retailer has lost nearly $500 million in its last four quarters, badly missing earnings estimates along the way, and its cash balance has dwindled from $432 million to just $61.8 million as of its last report. Management's
From farmers markets to supermarkets, local-minded consumers are buying Florida-made produce, beers, even soap. Now Florida authors and booksellers are hoping to build on their own roots with a locally grown approach to literary marketing. Thanks to
The doom and gloom You've Got Mail narrative where the Tom Hanks character's big multinational bookstore chain (a clumsily-masked Borders) swoops in and steals the business from the family bookstore run by cutesy Meg Ryan is as out of date as Ryan's
State lawmakers spent last week looking at ways to address problems left from the voter-approved initiative to privatize liquor sales.
Emerging from the depths of the recession, it has managed to become a winner post-recession despite headwinds that plagued the apparel-retail sector. While many retailers have been on a roller-coaster ride, ANN has done well...ANN has grown by
Shares in struggling bookstore chain Barnes & Noble, Inc. (BKS) rallied as much as 14% in intraday trading Friday after G Asset Management LLC, a private equity firm, disclosed that it wished to acquire a 51% stake in the company. The stock closed
Many communities are (still) dealing with this vacant hole in various places, said Robert Kallien, the community development director of Oak Brook. Borders' exit from Oak Brook kicked off a flight of businesses from a shopping center in a high-
Bedding will replace bestsellers after Barnes & Noble, the city's last book store, closes at the end of the month. "Our current lease expires at the end of January, 2014. During the past year we made numerous attempts to engage in a dialogue with the
Marshalls Building Sold for $14.3 Million Thursday, December 5, 2013 Article Tools The Pacific Coast Business Times reported 12/3 that the Marshalls building at 900 State Street was recently sold for $14.3 million in an all-cash, off-market deal.
is no best-seller after having released fiscal second-quarter earnings...Given Black Friday's approach, this is a week during which we think about retail -- and, as investors, retail stocks -- the most, and Barnes & Noble isn't adding holiday cheer.