But this time he's trying to get doctors and nurses to buy medical books from MedBook-Store.com, the Manhattan-based on-line retailer he founded in September 1997 with three college friends.

FORBES: What the doctor ordered

This week alone saw a bankruptcy filing from a New York-based toy retailer, FAO Schwarz, more store closures and 37, 000 job losses at a bankrupt discount retailer, Kmart, and poor same-store sales growth from Sainsbury's itself.

ECONOMIST: When you can’t sell the goods, sell the shop | The

The Bradford-based retailer will use the purchase to build a new convenience store franchise, especially in London and the South East.

BBC: Morrisons buys 49 Blockbuster stores