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These are dark times for print journalism. Honestly, print journalism is about to take a big transformation, if it wants to still be around anyway.
Today the Sun-Times, publisher of the Chicago Sun-Times as well as other suburban newspapers, filed for chapter 11 bankruptcy protection. It …

I could tell things weren’t good for Goody’s clothing store on Black Friday. When the Wal-Mart (which is located next door) parking lot was full of people who wanted “ok” deals, Belk (across the street) had a line out side, and even the Home Depot …

After a failed attempt to restructure the company, Waterford Wedgwood PLC filed for bankruptcy protection today.
The china and crystal maker will be looking for a buyer and in the meantime will still be producing and selling its products.
From the AP:
“Waterford, Wedgwood and Royal Doulton …

Best Buy has posted a 77 percent 3Q profit loss this year and it fears consumer spending will get worse.
As a precautionary measure, Best Buy has begun to offer employee buyouts for corporate employees and cut capital spending by 50%. In 2009, it also plans …

The owner of the Chicago Tribute, Los Angeles Times, Baltimore Sun and other papers has filed for bankruptcy protection. This is the first major newspaper publisher to file for Chapter 11 since the internet basically killed the newspaper.
With a poor outlook for the newspaper business, …