Kira Plastinina - Image courtesy of NYmag.com

Kira Plastinina Files for Bankruptcy–U.S. Firm Owes Creditors More Than $54 Million (WSJ)
“Despite much publicity last year for being a teenage fashion mogul, Kira Plastinina has now filed for bankruptcy.”

The 2009 Shopping Outlook (WSJ)
“It’s only days into the new year but the retail forecast for 2009 already doesn’t appear to be rosy.”

Footfall slumps on New Year’s Day (Drapers)
“Footfall fell by 9.7% on New Year’s Day against the previous year according to Experian.”

Heathrow’s Terminal 5 Goes Exclusive (WWD)
At Heathrow’s Terminal 5, British Aiports Authority hopes to court travelers to its numerous luxury shops including Prada, Gucci, and Dior.

Top 40 Online Retail Satisfaction Index: Merry Outlook for Some, Not Others (Seeking Alpha)
According to ForeSee Results, “Amazon and Netflix continued to delight holiday shoppers,” while others including Gap, “fell below industry standards.”