economy Archives

Retail Detail. Is Free Shipping a Thing of the Past This Holiday Season?

September 22, 2008

Well this is just more terrible news. Especially for those of us who prefer to do our holiday shopping in our pajamas! According to an article in AdAge, retailers counting on online shopping to stimulate sales in this tight economy are wrestling with a big problem: free shipping. Rising costs could likely mean retailers will …

Sign of the Times. Shoe Pavillion Files For Bankruptcy Protection

July 21, 2008

Shoe Pavilion Inc., the Sherman Oaks, California-based discount shoe retailer, just filed for bankruptcy protection and sought court approval to close more than half of its 117 stores, according to the L.A. Times. "There are approximately 43 stores which are clear money losers and will need to be closed in an expeditious manner," Shoe Pavilion …