As part of its first-wave of store closings as the company sorts itself out under bankruptcy proceedings, JC Penney is running a going-out-of-business sale at
It’s Alibaba…
The biggest winner on the retail scene over the past few months is invariably cited as Amazon but creeping in the shadows is a company
Winners & Losers
Given the one thing that we can all agree on these days — the business world will be very different as we come out of
Big Bucks for Big Execs in Bad Times
We all know corporate executive pay has gotten way out of hand, especially in these times of massive layoffs of rank-and-file workers. But the practice
Fade away…
The incredible shrinking act that has been Sears and Kmart over the past decade continues…even as the end appears to be in sight. After the
For GE, It’s Lights Out
Sometimes companies need to make decisions that aren’t entirely centered around their bottom lines. Case in point is General Electric’s decision last week to sell