INDIANAPOLIS — hhgregg announced Friday that they would be closing all of their stores after they failed to find a buyer by its Friday deadline. The liquidation process will begin on April 8, according to a company spokesperson. hhgregg filed for Chapter 11 bankruptcy on March 6 and the company had an April 7 deadline to find a buyer, but […]

J.C. Penney plans to close up to 140 stores and offer buyouts to 6,000 workers as the department-store industry sags in competition with online sellers and nimble niche retailers. The company said Friday that it would shutter 13% to 14% of its stores, representing about 5% of its annual sales, and two distribution centers. The […]

(RNN) – Target announced Monday that it will stop selling clown masks in the wake of the countless creepy clown sightings that have bedeviled America. With Halloween just around the corner, the masks will no longer be available online nor in the brick-and-mortar Targets, said company spokesman Joshua Thomas. The retail giant made the call out of […]

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