Fopp closes down its 105 stores
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Music retailer Fopp closes its 105 shops, becoming the latest victim of the slump in CD sales.
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Shipping giant P&amp;O is to close four of its 13 ferry routes with the loss of about 1,200 jobs. Reducing the number of ships it operates from 31 to 23, the company said it would be closing all its Western Channel routes except Portsmouth-Bilbao.
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The companyâs chief executive, Howard Schultz, announced that he would close 100 underperforming stores in the United States, though he did not identify the locations.
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Gap Inc. is closing the Forth &amp; Towne chain that was supposed to help the struggling retailer sell more clothes to older women, aborting the 18-month expansion so management can concentrate on reviving the company's more established brands.
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Travel company Thomas Cook, which recently merged with rival MyTravel, will close 150 stores and six offices.
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The company has decided to leave the public markets.
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- Apparel Retailer Gap Inc.  said it will close its Forth & Towne store concept after an 18-month pilot, and it would affect about 550 employees.
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Circuit City Stores Inc.  said on Thursday it is closing about 70 stores and that Chief Merchandising Officer Douglas Moore has left the company as it responds to increased pressure in the electronics retail market.
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The Karibu Books chain, based in the Washington, D.C., area and one of the few remaining retailers to specialize in black books, is closing after 15 years.
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A pharming attack that targeted online banking customers in the U.S., Europe and Asia-Pacific has been shut down.
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Dell Inc., which has been pushing its computers into more retail stores, said Wednesday it will close its 140 shopping mall kiosks in the United States.
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Retailer Saks Inc. SKS.N on Friday  said it will close eight of its luxury Saks Fifth Avenue stores  and three of its lower-price Off 5th stores, resulting in a  loss of 700 jobs at those stores.
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NEW YORK - Retailer Saks Inc. Friday said it will close its Saks Fifth Avenue upscale department stores in La Jolla and seven other locations and three of its lower-price Off 5th stores, affecting 700 jobs.
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Pizza Hut Switzerland is closing its six remaining restaurants, with the loss of around 100 jobs.
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BOSTON  â Talbots will close its 78 childrenâs and menâs apparel stores to focus on its core middle-age female customer, the company said Friday.
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A clothing factory in County Londonderry is to close with the loss of 260 jobs within five years.
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In a move possibly intended to shift focus to its efforts in retail stores, computer manufacturer Dell Inc. said that it will shut down its retail kiosks in about 140 malls nationwide.