The retail apocalypse has officially descended on America

shopping mall

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Thousands of mall-based stores are shutting down in what’s fast becoming one of the biggest waves of retail closures in decades.

More than 3,500 stores are expected to close in the next couple of months.

Department stores like JCPenney, Macy’s, Sears, and Kmart are among the companies shutting down stores, along with middle-of-the-mall chains like Crocs, BCBG, Abercrombie & Fitch, and Guess.

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Online Display-Ad Spending Will Fall In 2009

Online Display-Ad Spending Will Fall In 2009

For a year, we’ve listened to analysts passionately explain how online ad spending will power through any broader economic and advertising weakness. Eyeballs are moving online, this story went (goes), ad dollars will follow. Online advertising is accountable. Online advertising is the future. Blah, blah, blah.

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Alzheimer’s New Drug ‘Halts’ Decline

Alzheimer’s New Drug ‘Halts’ Decline

Arun Ghosh, at right, a Purdue professor of chemistry and medicinal chemistry, and graduate
student Xiaoming Xu discuss the structure of an enzyme inhibitor designed to treat Alzheimer’s disease

Scientists in Britain have developed a drug which could represent a major breakthrough in treatment for people with Alzheimer’s disease, they said on Wednesday.

The drug, Rember, targets the build-up of tau protein tangles which form inside the brain nerve cells of people with Alzheimer’s.

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Microsoft Brand In Sharp Decline

Microsoft Brand In Sharp Decline

A recent poll of about 12,000 US business decision-makers by market researcher CoreBrand found that Microsoft’s brand power has taken a dive over the past four years. According to the study, Microsoft dropped from number 12 in the ranking of the most powerful US company brands in 2004 to number 59 last year. In 1996, the company ranked number 1 in brand power among 1,200 top companies in about 50 industries.

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