RadioShack Sells Last Thing Of Value It Owns: $50 Million Worth Of Property

RadioShack Sells Last Thing Of Value It Owns: $50 Million Worth Of Property

In its bankruptcy auction, RadioShack has sold its store leases, the merchandise in most of its stores, and even key intellectual property assets like its customer mailing lists and “TheShack.com.” Now the company has found buyers for its last multimillion-dollar assets: property in Texas and regional facilities in Maryland and in California have been sold, taking in about $50 million that will go to the company’s creditors. [More]

(Chad Small)

Price Tags Might Be A Strange 150-Year Anomaly In The History Of Commerce

In the past, most recently in 2013, Coca-Cola has experimented with the idea of vending machines that adjust prices according to the temperature. The idea really bothers some people, but fixed prices that are always the same for everyone haven’t historically been the norm. We may be coming to the end of a weird century-and-a-half experiment with the practice. [More]

Olay Shrink Rays Soap Bars, Users Remain Ageless And Beautiful

Olay Shrink Rays Soap Bars, Users Remain Ageless And Beautiful

Jacob doesn’t buy soap very often, since his preferred brand is available in a 6-bar bulk pack. He discovered the last time he stocked up that the bars have considerably less bulk in them than they used to, though: each bar is now one quarter of an ounce lighter, for a total of one and a half ounces less soap in the bulk pack. [More]

Restoration Hardware Expands Into Modern Furniture, Modern Doorstops

Restoration Hardware Expands Into Modern Furniture, Modern Doorstops

Restoration Hardware is a service that delivers free doorstops to people in wealthy zip codes. They apparently also sell furniture, and managed to thrive during the recession by selling pricey items to rich people instead of bothering to discount their products for the masses like other furniture stores. Now they’re launching a sibling brand, RH Modern, that you won’t be able to afford, either. [More]

(Christine)

Consumers Love Designer Brands, Hate Products Splattered With Logos

The luxury goods industry has a problem: its customers now prefer subtlety. That means that bags that serve as walking billboards yet cost thousands of dollars just don’t sell like they used to. The global rich are now more interested in subtlety and craftsmanship, or they’re tired of feeling like they’re showing off. Maybe both. [More]

Apple Music Offers Musicians Royalties Of 70% Of Nothing During Free Trial

Apple Music Offers Musicians Royalties Of 70% Of Nothing During Free Trial

Apple’s streaming music service is coming to a device near you at the end of this month, since it’s likely that there’s some kind of device with iTunes on it near you right now. Yet while Apple is promising musicians over 70% of the revenue from the service as royalties, that also means musicians will get around 70% of nothing for the first three months of Apple Music, since the service will be free to users. [More]

(Photos in the Sunset)

Suspect In Mall Pretzel Stand Robbery Hides Out In Same Mall’s Chili’s

Last night, something scary happened at the Macomb mall in Michigan: a man passed a pretzel stand employee a note demanding cash and stating that he had a gun. The employee handed over cash, and the robber left on foot. Police and mall security didn’t have to look very far, it turns out… they spotted the suspect at a standalone Chili’s restaurant that shares a parking lot with the mall. [More]

(Chris Goldberg)

Tuxedo Rentals Are Down Because Of Fewer, Less Formal Weddings

The number of weddings relative to the U.S. population is the lowest it’s been since World War I, and tuxedo-rental shops like Men’s Wearhouse are seeing a decrease in their business. They blame demographic patterns, changes in wedding fashion, and changes in the formalwear rental business as a whole for the decrease, and see the trend continuing for now. [More]

Amazon Adds Marketplace Merchants To Prime Shipping

Amazon Adds Marketplace Merchants To Prime Shipping

Back in January, Amazon expanded eligibility for its $35 Super Saver Shipping to items shipped by merchants in its Marketplace who already offer free shipping. Merchandise that doesn’t ship from an Amazon warehouse now counts toward the $35 free shipping threshold. Now they’re adding even more sellers to the virtual Amazon warehouse: selected large shippers will now be part of the Prime unlimited 2-day shipping program. [More]

(nathanmac87)

Wedding Gown Store Closes, Owner Disappears

Where is the owner of a bridal salon in Endicott, New York? That’s a good question, and the brides who haven’t yet received the gowns that they paid for would like to know the answer. The store abruptly closed earlier this week, and the owner hasn’t been heard from. [More]

JCPenney’s New CEO Plans To Reuse His Home Depot Strategy

JCPenney’s New CEO Plans To Reuse His Home Depot Strategy

JCPenney hasn’t had a chief executive officer since chairman Myron Ullman sacked re-vamper Ron Johnson back in 2013. Last fall, they found a candidate who was up for the challenge: Marvin Ellison, who was in charge of Home Depot’s stores in the United States, and worked for Target before that. He reported to work as president and CEO-designee in November 2014, and takes over on August 1. This week, he spoke at an investment banking conference about his future plans for the company. [More]

This Smart Oven Is Smarter Than You Are, Streams Video Of Your Dinner

This Smart Oven Is Smarter Than You Are, Streams Video Of Your Dinner

We remain cynical but open-minded about the idea of smart appliances. What we’ve seen so far isn’t all that impressive: from the potential for kitchen appliances to launch cyberattacks to an incredibly stupid WiFi-enabled drip coffeemaker, we aren’t really sold on the idea yet. News of a new oven available for pre-order that is able to sense what you’re cooking and automatically determine how to cook it has us intrigued. [More]

(Dee)

Apple Adds Menstrual Cycle Tracking To HealthKit App

Around half of all humans, at some point in their lives, experience menstrual cycles. Keeping track of different parts of that cycle is part of paying attention to general health, and there are plenty of mobile phone apps designed for that purpose. That’s why when Apple announced that a central repository for health information, HealthKit, would be part of iOS 8, many people assumed that menstrual cycles would be in there, right along with blood glucose levels and blood pressure. It wasn’t, until today. [More]

Best Buy Can’t Stop People From Using My E-mail Address

Best Buy Can’t Stop People From Using My E-mail Address

More than 10 years ago, when Gmail was first born, Jeff signed up early enough that he was able to snag [nickname]@gmail.com as his address. As years passed, this seems like less of a coup: it seems that people who shop at Best Buy love using this address as a throwaway. [More]

AT&T No Longer Offering 2-Year Contracts On iPhone Through Apple Online Store

AT&T No Longer Offering 2-Year Contracts On iPhone Through Apple Online Store

Are you a current or future iPhone user who enjoys going right to the Apple Store to buy your new device when it’s time to upgrade? You’re going to have to go with Sprint or Verizon in the future if that’s the case: AT&T is no longer offering subsidized devices when you buy your phone through Apple. [More]

Petco Stops Use Of Kennel Dryers, Fires Groomers Caring For Dog Who Died

Petco Stops Use Of Kennel Dryers, Fires Groomers Caring For Dog Who Died

Last week, a woman in Virginia left her healthy 2-year-old golden retriever at a Petco store for a routine bath and grooming. The store called her and asked to meet at a nearby veterinary clinic, where she learned that her dog was dead. Petco has now taken full responsibility for this incident, and says that the grooming salon workers involved have been fired. [More]

Apple Recalls Beats Pill XL Speakers Due To Fire Hazard

Apple Recalls Beats Pill XL Speakers Due To Fire Hazard

When you spend a few hundred dollars on a portable speaker, you probably assume that you’re buying a quality piece of electronics that will sound nice and not overheat and catch fire when it’s not supposed to. That is not the case for the Beats Pill XL, a signature product for the headphone company, which is now part of Apple. [More]

Alibaba Will Expedite Counterfeit Takedowns For Some Name Brands

Alibaba Will Expedite Counterfeit Takedowns For Some Name Brands

In the months since Chinese e-commerce behemoth Alibaba began trading shares in its Cayman Islands-based holding corporation on the New York Stock Exchange, entities ranging from the Chinese government to the owner of Gucci have accused the company of knowingly profiting from counterfeit branded goods. Alibaba has promised to improve its capacity to ferret out fakes, and now says that it will take down some brands’ items more quickly. [More]