PCR Tech and IT retail, distribution and vendor news
Photo giant says it will focus on digital printing in the hopes of battling its way out of bankruptcy
Read More »Groupon sacks CEO Mason amidst plummeting stock
Daily coupon firm fires founder Andrew Mason following heavy losses and declining stock
Read More »HMV to close all stores in Ireland
The struggling retailer has confirmed it is to close all of its stores in the Republic of Ireland after failing to secure a buyer
Read More »Sharp doubles its losses
Reports net loss of nearly £3 billion
Read More »Christmas crime will cost retailers £1 billion
Mostly through shoplifting and employee theft
Read More »Comet administrator confirms closure of further 125 stores
5,000 Comet employees face the axe just one week before Christmas
Read More »World’s fifth biggest chipmaker cuts 5,000 jobs
The company struggles to compete with its competitors and looks to secure financial aid
Read More »Olympus admits covering up losses
Vendor hid losses with spurious acquisition fees
Read More »Up to 10,000 job losses feared at Cisco
US firms looks to workforce redundancies to revive profits
Read More »AMD losses widen
Quarterly sales drop by 21 per cent
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