Making the Most of Retail Returns

| Tom Rittman

The hideous economy is having a devastating effect on consumer confidence and spending. And what sales boost that a retailer does get during the holidays may be overshadowed by the post-holiday challenge of managing returns.

Office Depot Cutting More Than 2,000 Jobs

| MCM staff

Following a strategic review of its business that began in late October, office supplies cataloger/retailer Office Depot announced today it will shutter 9% of its North American stores and cut 2,200 jobs during the next three months.