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Sunday, November 18, 2012
Circuit City Aims to Beat Black Friday

Circuit City Stores strategically filed for bankruptcy protection earlier this month to get a jump on the competition heading into Black Friday and the holidays, according to a liquidator involved in the retail chain’s clearance sales.

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Hastings Cites Weak Release Slate, Economy for Loss

A dearth of major theatrical releases, competition from the Summer Olympics and the current economic meltdown contributed to Hastings Entertainment posting a third-quarter (ended Oct. 31) fiscal 2007 loss of $3.7 million, compared to income of $100,000 during the prior-year period.

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Target Q3 Dips

Target has reported lower third-quarter earnings of $369 million, down from $483 million during the same period in 2007, with 2008 third-quarter revenue of more than $15.1 billion.

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Blu-ray Boosts DTS’ Q3

Entertainment technology company DTS is seeing a big boost from Blu-ray Disc hardware using the company’s audio technology.

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Oscilloscope Readies First Blu-ray

Just a month after releasing its first DVD, New York City-based indie Oscilloscope Pictures will put out the same title as its first Blu-ray Disc.

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