Despite the sad news, and a still darkening economy, business at Google is booming, with the Web giant reporting $9.72 billion in total revenue—up from $7.29 billion last year. Much of its growth is the result of mobile search and display advertising.
The same can’t be said for business at Gap, where dulling sales are forcing the retailer to close 21 percent of its stores—189 locations—in the U.S. The clothing chain has also revealed plans to triple its presence in China, to 45 outlets.
On a cheerier note, it appears retailer Nordstrom is taking at least what I feel is a refreshing approach to the hectic madness of holiday sales. If this image is true, the store won’t be “decking its halls until Friday, Nov. 27,” because as the poster indicates, it “likes the idea of celebrating one holiday at a time.”