RECENT NEWS
Financial Times  3 hrs ago  Comment 
In the first of a series looking at the rise of online shopping, the FT assesses how damaging the ‘Amazon effect’ could be for traditional retailers
Japan Today  Jul 16  Comment 
As Australia's local merchants struggle with an influx of global names, leading malls are considering returning to their village centre roots to woo new tenants by moving away…
MarketWatch  Jul 15  Comment 
The U.S. Postal Service delivers the company’s boxes well below its own costs. Like an accelerant added to a fire, this subsidy is speeding up the collapse of traditional retailers in the U.S. and providing an unfair advantage for Amazon, argues...
MarketWatch  Jul 15  Comment 
Alfred Angelo, one of the nation’s largest bridal retailers, shuttered its operation and filed for chapter 7 bankruptcy protection Friday without fulfilling all orders, leaving many brides scrambling throughout the weekend to reclaim deposits or...
Wall Street Journal  Jul 14  Comment 
Alfred Angelo, one of the largest bridal retailing operations in the country, filed for chapter 7 bankruptcy liquidation Friday after abruptly closing down its chain of stores.
Clusterstock  Jul 14  Comment 
Brides across the US have been left in limbo after a popular wedding brand abruptly closed its doors Thursday.  Alfred Angelo, a brand that sells bridal gowns and bridesmaid dresses, has shuttered many of its 60 stores across the US without...
Wall Street Journal  Jul 14  Comment 
Retail sales were weak last month. The Commerce Department on Friday reported that overall sales in June fell 0.2% on the month after slipping 0.1% in May. Compared with a year earlier, they were up just 2.8%.
Clusterstock  Jul 14  Comment 
The price of bitcoin has been on a tear over the last year, but the number of top merchants who accept the cryptocurrency as a form of payment has retreated. That's puzzling to Jonathan Johnson, the president of Medici Ventures, the venture...
MarketWatch  Jul 14  Comment 
The online retailer posted a “hire a realtor” page but quickly removed it, but one analyst thinks Zillow has a strong moat.




 

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