Wal-Mart experienced an online retailer’s nightmare-come-true on Black Friday, as the website bit the dust for a large portion of one of the busiest shopping days of the year. Visitors attempting to log in or access the site experienced blank pages, delays and other frustrations.
The proposed takeover of Clear Channel Communications by private equity firms is another sign that outdoor advertising will continue to grow.
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J. Crew and Coldwater Creek both reported strong gains in the third quarter, and both saw sales increase across three channels: catalog, the internet, and stores.
Citadel announced yesterday (Thursday) that it had received a $300 million reduction in the price it had initially agreed to pay for ABC Radio.
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