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Frederick’s of Hollywood Files for Bankruptcy and Announces 94 Store Closings

Back in 1947, a businessman by the name of Frederick Mellinger started a little company on Hollywood Boulevard called Frederick’s of Hollywood, which quickly gained success by selling high-quality lingerie to Hollywood starlets and rich housewives. Now, over 65 years later, Frederick’s has announced that it will start shutting down its 94 stores as it Read More…

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Americans Now Prefer Streaming Video to Live TV, Study Finds

Streaming video has overtaken live television as America’s viewing method of choice, according to the ninth edition of the Deloitte Digital Democracy Survey, the results of which were released April 22. About 56% of consumers now stream movies each month, and 53% stream television programming each month, as opposed to only 45% of consumers who Read More…