TWICE's Top 10 Retail Stories Of 2013

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December 30, 2013 1. Walmart, Amazon Get Head Start On Black Friday New York – Walmart and Amazon formally began their Black Friday promotional periods today with a blitz of early-bird specials and daily deals. More » 2. Sears Launches Rent-To-Own Leasing Program Hoffman Estates, Ill. — Sears Holdings will launch a rent-to-own leasing program for CE, majaps, mattresses and other big-ticket items this week, and has renewed efforts to sub-lease space in and around its stores. More » 3. Electronic Expo Files For Chap. 11 Protection Wayne, N.J. — Electronics Expo has filed for Chapter 11 protection yesterday. More » 4. Schulze Lacks Backing For Best Buy Buyout: Report Minneapolis — Dick Schulze has been unable to muster enough support from banks to finance a buyout of Best Buy, the Wall Street Journal reported. More » 5. Schulze Returns To Best Buy As Chairman Emeritus Minneapolis — Best Buy and its founder Dick Schulze announced today that he is returning to the company as its chairman emeritus, almost a year after he exited the retailer as its chairman. More » 6. Best Buy Rebranding PC Departments As 'Windows Stores' Minneapolis – Best Buy will rebrand 500 of its computer departments as Windows Stores beginning later this month. More » 7. Sears Reduces Losses; CE Sales Sink Hoffman Estates, Ill. – Sears staunched its sales and earnings free fall last year, although CE weighed heavily on its results. More » 8. Office Depot, OfficeMax To Merge Naperville, Ill. – Office Depot and OfficeMax have agreed to merge. More » 9. Office Depot, OfficeMax Merger Approved New York – The U.S. Federal Trade Commission has unconditionally cleared the merger of OfficeMax and Office Depot allowing the two chains to complete the transaction on Nov. 5. More »     10. hhgregg Q3 Profits Fall 23% Indianapolis – Weak TV sales and higher costs for store openings and home delivery took a bite out of hhgregg's holiday quarter results. More »

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