Competitive Package
UK - London
Consultancy firm reveals outcome of blind auction; deal set to be rubber stamped today
USA: Former CE retailer to become subsidiary of Misco owner in $6.5bn deal
All 567 US stores are closed for good, after liquidation announcement in January
USA: Retailer fails to find buyer – petitions US Bankruptcy Court for permission to begin liquidating the firm's assets
Bids begin for the bankrupt US electronics retail chain
USA: Largest shareholder currently investigating increasing stake in ailing consumer electronics retailer
USA: But retailer promises to continue trading over Christmas
Move sees widespread US closures and withdrawal from 12 markets
USA: Collapse could flood market with heavily discounted products
USA: Retailer reported to be preparing drastic methods to prevent pre-Xmas collapse
Move comes after analysts predict certain bankruptcy
USA: Question is no longer 'if, but when,' according to KeyBanc Capital Markets
USA: Reports $239m Q2 loss, up from $62.8m in 2007 – plans turnaround
USA: Schnooner forced to resign from second largest consumer electronics chain
$40 charge added to new PC sale due to 'necessary' BIOS flash, leads to underhand sales claims
Vendor is monitoring the situation but for time being remains US only service
USA: Consumer focused SaaS version of popular Office suite released in US this month
USA: Entertainment retailer pulls out of acquisition bid, citing difficult market conditions
USA: Manhattan's Upper Westside to play host to 25th The City store
USA: Retailer sees shortfall triple year-on-year as revenues fall too