fire sale

Pebble

Fitbit Buying Smartwatch Maker Pebble’s Software, Hiring Engineers

Smartwatches and other wearables just haven’t caught on as much as the electronics industry assumed that they would. Pebble — a smartwatch company most famous for pre-selling its products on Kickstarter only to then make sure that Best Buy shoppers got their orders first — has confirmed that it is shutting down and selling off its various assets. You can now count Fitbit among the scavengers picking at Pebble’s bones. [More]

James Callan

Fast-Casual Chain Cosi Declares Bankruptcy, Shutters 29 Locations

If you happen to enjoy your lunch on a salty flatbread of an afternoon, or your breakfast on a square bagel of a morning, well, we’ve got some bad news for your morning: Cosi has declared Chapter 11 bankruptcy and shut more than a third of its company-owned stores. [More]

Amazon Now Selling Fire Phone For $.99 With New Contract

Amazon Now Selling Fire Phone For $.99 With New Contract

It hasn’t even been two months since Amazon released its not-quite-3D Fire phone and it’s already slashed the price on the device like it’s a 3-year-old feature phone, announcing this morning that the Fire can be had for $.99 to customers willing to sign a two-year contract with AT&T. [More]

Former Sandwich Artist: Subway Fired Me For Feeding Fire Victims

Former Sandwich Artist: Subway Fired Me For Feeding Fire Victims

A former employee at a Subway in Nova Scotia claims that she was shown the door by her employer after she attempted to use her free daily sub to feed a pair of neighbors who had been put out of their homes by a fire. [More]

Blockbuster To Close 282 Stores

Blockbuster To Close 282 Stores

The AP is reporting that Blockbuster will be closing 282 stores nationwide and will beef up spending on its online DVD rental service in order to compete with industry-leader Netflix. From the AP:

“Traffic is just not what it used to be when Blockbuster was the big rooster in the hen house,” said Andy Cross, senior analyst with The Motley Fool.