Torex Retail to lay off developers
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The trouble continues Oxfordshire-based software company Torex Retail is laying off developers, but insists the move is not connected to the ongoing investigation into the company and its financial woes.â¦
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The retailer becomes the first to pull the plug on analog TVs.
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Bruce Jaffe, who spearheaded the software giant's acquisitions activity, will leave the company in February.
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Circuit City Stores Inc. , the nation's number two consumer electronics retailer, said yesterday it plans to close seven domestic superstores, a Kentucky distribution center, and 62 company-owned stores in Canada to cut costs and improve its financial performance.
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The tobacco firm John Player &amp; Sons has announced plans to lay off 90 workers at its cigarette factory in Dublin. The company said it was planning a phased closure of the factory between now and February as part of a review of its global operations.
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Unisys Corp. said Wednesday night that it plans to lay off about 1,400 employees, mostly in general and administrative areas. The computer hardware, software and services company didn&#39;t say how many of the
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The retailer's CEO steps down amid a shakeup in operations.
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FTC shakes down Seismic Entertainment Productions
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U.S. retailers will close stores and reduce square-footage growth plans this year to offset slowing sales, slumping stock prices, a saturated market and a penny conscious shopper, analysts said on Sunday.
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WAYNE, Pa. - Software company SunGard Data Systems Inc. is dividing into two parts and spinning off its disaster-recovery technology business to shareholders, chief executive Cristobal Conde said.
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Boots is to shut down its lossmaking dentistry and chiropody services as part of its drive to focus on its high street retail chain.
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Ailing supermarket chain Kwik Save announces it is to close more than a third of its stores immediately.
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Hoping to halt nine-straight quarters of net losses, young women&#39;s fashion retailer Wet Seal announced Tuesday it would close about 150 stores -- including two in the Triangle -- and lay off 2,000 employees.
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Dell Inc. this week announced that it is in the process of closing its retail kiosks in shopping malls and airports.
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The troubled mortgage giant said it will pull out of a deal to develop a half-a-billion-dollar office complex in Southwest, sparking concern among city planners, developers and brokers.
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Circuit City Stores Inc. , the target of a $3.3 billion takeover bid by Boston-based Highfields Capital Management LP, plans to close 19 US stores, a warehouse, and five regional offices, eliminating as many as 973 jobs.
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NEW YORK - EMC will announce today that it has closed on the acquisition of Dantz Development, a privately held company that it hopes will give it a toehold in the $600 million spent by small to mid-size companies on data backup and recovery software.