Jeanine Poggi

Best Buy is facing new discrimination allegations just one week after settling a class-action lawsuit. The electronics retailer is being accused of widespread racial and ethnic customer profiling in Washington, D.C. and Virginia. The suit, which was filed by law firm Clinton & Peed, seeks to end Best Buy's racial profiling practices, as well as compensation for an Arab American Muslim manager who was fired for speaking out against the company's practices.

Borders is selling its Day by Day Calendar business as it looks to shore up cash amid its liquidity crisis. The bookseller confirmed with TheStreet that it entered into an agreement with Calendar Holdings to divest its kiosk business.

YORK (TheStreet) -- Holiday retail sales are expected to rise a modest 2.3% to $447.1 billion, according to the National Retail Federation. While this growth remains below the 10-year average of a 2.5% increase, it is a significant improvement over last year's 0.4% uptick, and the 3.9% decline in 2008. Of course, shoppers' primary focus will be on price, and retailers are expected to compensate by once again offering significant promotions. Retailers will also leverage sales through new channels, like mobile and social networks. eBay(EBAY), for one, has seen success with its mobile phone applications, while Best Buy(BBY) and

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