But Cerberus, the giant buyout firm owned by secretive billionaire Steven Feinberg, revealed yesterday that it sold its stake in Mervyn's in a previously undisclosed transaction late last year to Sun Capital, a Florida-based investment firm...

Home Depot Chairman & CEO Frank Blake and co-founder Bernie Marcus talk about the home improvement giant's current strategy in this video. The company says it is focusing on maximizing operations at its existing stores.

Did you have a nice weekend? I hope so. Because the week is starting with a fresh blast of bad news. In today's Wall Street Journal: Mervyns Fights to Keep Its Store Doors Open. ...

It seems like every retail story I've linked to lately has been about a retailer closing stores or slowing expansion plans. So this comes a breath of fresh air. KeyPoint Partners Retail Roundup has a link to a report about Best Buy contemplating...