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Retailer Cost Plus to close 26 stores and cut jobs - Forbes

News  |  www.forbes.com | 1 hour 26 minutes ago

Cost Plus Inc. announced plans to close 26 stores and cut jobs on Friday in an effort to save about $21 million a year, after the specialty home retailer reported weak holiday sales. The Oakland, Calif.-based company also plans to exit eight media markets.

http://www.forbes.com/feeds/ap/2009/01/09/ap5902404.html

Cost Plus World Market to close all Minnesota stores - Bizjournals.com

News  |  www.bizjournals.com | 1 hour 44 minutes ago

Oakland, Calif.-based Cost Plus (Nasdaq: CPWM) said Friday it will close 26 of its 296 stores nationwide, exiting eight media markets. A press release did not list the stores that will close, but a local store manager confirmed that Minnesota is one of the markets the company will leave.

http://www.bizjournals.com/twincities/stories/2009/01/05/daily55.html

Blu-ray discs seen as bright spot in glum season

News  |  www.sfgate.com | 2 hours 53 minutes ago

The Blu-ray disc, the high-definition successor to the DVD, was one of the few products that did well in the just-ended holiday season, with sales tripling from the previous year. The figures were released this week at the International Consumer Electronics...

http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/01/09/financial/f114242S97.DTL&feed=rss.business

Cost Plus, Inc. Reports Holiday Sales and Announces Steps to ... - Earthtimes (press release)

News  |  www.earthtimes.org | 3 hours 4 minutes ago

OAKLAND, Calif. - Cost Plus, Inc. (Nasdaq: CPWM) announced today its sales results for the nine-week holiday period. Net sales for the nine-week period ended January 3, 2009 were $278.8 million, compared to $291.8 million for the comparable nine-week period in fiscal 2007. For the nine-week

http://www.earthtimes.org/articles/show/cost-plus-inc-reports-holiday,675039.shtml

Best Buy narrows fiscal 2009 profit forecast

News  |  www.chron.com | 4 hours 42 minutes ago

Best Buy Co., nations largest consumer electronics chain, narrowed its fiscal 2009 adjusted earnings forecast today and said it will take an approximately $60 million fourth-quarter charge related to some employee buyouts. The Richfield, Minn.-based company is trying to control costs and

http://www.chron.com/disp/story.mpl/business/6202743.html

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Mannion requests removal of controversial contract clause

News  |  www.irishtimes.com | 5 hours 2 minutes ago

The chief executive and chief financial officer of Aer Lingus have this evening requested that a controversial clause recently inserted into their contracts be removed "to prevent the issue becoming a needless distraction" and in order to focus on defeating the hostile Ryanair bid for the company.

http://www.irishtimes.com/newspaper/breaking/2009/0109/breaking46.htm

UK retailers provide bright spot amid gloom

News  |  www.iht.com | 5 hours 4 minutes ago

LONDON: Three British retailers bucked trends in the struggling sector to report rising holiday sales on Friday, thanks to discounting and spending from tourists attracted by a lower pound. But analysts believe the momentum can't be sustained.

http://www.iht.com/articles/ap/2009/01/09/business/EU-Britain-Retail.php

UK retailers provide bright spot amid gloom

News  |  www.newsvine.com | 5 hours 17 minutes ago

Three British retailers bucked trends in the struggling sector to report rising holiday sales on Friday, thanks to discounting and spending from tourists attracted by a lower pound. But analysts believe the momentum can't be sustained.

http://www.newsvine.com/_news/2009/01/09/2292615-uk-retailers-provide-bright-spot-amid-gloom

UK retailers provide bright spot amid gloom (AP)

News  |  news.yahoo.com | 5 hours 17 minutes ago

Three British retailers bucked trends in the struggling sector to report rising holiday sales on Friday, thanks to discounting and spending from tourists attracted by a lower pound. But analysts believe the momentum can't be sustained. News, Headlines and Latest Stories on Yahoo! News

http://news.yahoo.com/s/ap/20090109/ap_on_bi_ge/eu_britain_retail

Cost Plus, Inc. Reports Holiday Sales and Announces Steps to Rationalize Operations - Zibb.com

Press Release  |  www.zibb.com | 3 hours 6 minutes ago

--Select Store Closings and Increased Cost Reductions Expected to Generate Annual Savings of Approximately $21M Cost Plus, Inc. (Nasdaq: CPWM) announced today its sales results for the nine-week holiday period. Net sales for the nine-week period ended January 3, 2009 were $278.8 million, compared

http://www.zibb.com/article/4684855/Cost+Plus+Inc+Reports+Holiday+Sales+and+Announces+Steps+to+Rationalize+Operations

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