Mike Mozart

Kenneth Cole Closing All Of Its Outlet Stores

This has not been a good year for the designer brands that you generally find at outlet malls. Michael Kors, Kate Spade, and Coach have all cut back on their department store presence during 2016, hoping to find customers who will pay full price somewhere else. Kenneth Cole, meanwhile, is trying another tactic: the brand is closing all of its outlet stores, leaving two full-price boutiques, its website, sales through other retailers, and its international business. [More]

Laura Northrup

Sports Authority Stores Closing Early Because People Actually Bought Things At Liquidation Prices

If Sports Authority’s management ever wondered whether its pricing was appropriate, it now has the answer, thanks to the company’s going-out-of-business sales: customers flocked to the chain once everything was marked down. Employees of stores near the chain’s headquarters in the suburbs of Denver told the Denver Post that the sales attracted lots of customers, and merchandise sold out more quickly than anticipated. [More]

Retailer That Overcharged, Then Sued Military Personnel Is Going Out Of Business

Retailer That Overcharged, Then Sued Military Personnel Is Going Out Of Business

A year ago, Virginia-based USA Discounters was in the spotlight after the supposedly discount retailer — which had several locations adjoining military bases and directly marketed its financing to servicemembers — was criticized for charging ridiculously high prices on its products and then suing soldiers in such a way that they could rarely defend themselves in court. The retailer then changed its name to USA Living and promised to not be so evil, even though the lawsuits continued. Now comes news that the retailer is going to close up shop for good. [More]

(Misfit Photographer)

Supreme Court Says Convicted Felons Have A Right To Sell Their Guns

Plenty of Americans legally own firearms. If any of them are later convicted of a felony (that isn’t related to the weapons) and can no longer own a gun, should they have the right to have some input on where their former firearms go? According to the U.S. Supreme Court, yes. [More]

Corinthian Colleges To Sell Off 85 Campuses; Close 12 Others

Corinthian Colleges To Sell Off 85 Campuses; Close 12 Others

While most of us spent the July 4th weekend relaxing and trying to not think about work or school, the folks at faltering for-profit education company Corinthian Colleges — operators of Everest University, WyoTech, and Heald College — were busy slapping For Sale signs on almost all of their campuses around the country. [More]

Surprise: Working In A Closing Ultimate Electronics Really Sucks

Surprise: Working In A Closing Ultimate Electronics Really Sucks

Consumerist readers know that liquidation sales at big-box stores usually offer nothing but large, rude crowds and crappy deals. An anonymous Ultimate Electronics employee who is also a longtime reader wrote in to offer some tips for shoppers who want to check out the sale. Those tips are really more of a rant about what it’s like to work in a store that’s being liquidated.