May 26, 2012

Survival of the fittest

Bic Camera Inc., the nation’s No. 5 retailer of home electronics, plans to create the second biggest electronics retail chain after Yamada Denki Co. by acquiring Kojima Co., the seventh largest player in the industry. Bic Camera will acquire a more than 50 percent ...

Mar 28, 2012

The inexorable march of creative destruction

by George Will

In retreat, Sears set to unload stores — The Wall Street Journal, Feb. 24 Retreat need not mean surrender. Still … In 1886, a shipment of $25 watches from a Chicago jeweler was rejected by the addressee in Redwood Falls, Minnesota. The jeweler offered ...