Yet another teen retailer appears poised to join the likes of Aeropostale, DEB, Wet Seal, and Delia’s on the list of clothing stores that have fallen from their glory days of outfitting youngsters in fashionable duds. The website of quick-rising online retailer Shop Jeen has been down for several days. [More]
There are thousands of Walmarts in the U.S., so the fact that five of them were temporarily shut down all on the same day, all for the same reason, and all for the same estimated amount of time, may be statistically insignificant. But some workers and city officials are raising questions about what’s actually behind these six-month shutterings. [More]
NY Attorney General Investigating Pre-Bust Hijinks At Bank Of America, Goldman Sachs & Morgan Stanley
Just when you think the beleaguered bankers of the world can finally stop dealing with pesky investigations into their roles in the recent financial ugliness (some would call it a global economic meltdown), some Columbo-like snoop has to say, “Just one more thing” and open up all new cans of worms. The latest can-opener is New York state Attorney General Eric Schneiderman, who has reportedly begun a broad investigation of Goldman Sachs, Bank of America and Morgan Stanley.