Retailer with 355-year history may close stores as 'threat and realization' trade war weigh
Department store retailer Hudson’s Bay Company is undergoing a restructuring through Canada’s Companies’ Creditors Arrangement Act as it struggles to pay its debts.
CVS opens smaller format stores as industry sees big shift
CVS is opening new stores around the nation, but they will be significantly smaller and focus only on pharmacy services. The move comes as the industry undergoes a major shift.
Ross Stores opens 19 new stores in 14 states
Ross Stores said Monday it has added 19 locations to its footprint this month. They included 16 Ross Dress for Less stores and a trio of dd's Discounts shops.
Mastercard outage resolved after users report issues with payments, purchases
Mastercard said that an issue affecting some transactions was resolved Sunday morning after customers reported being unable to make payments online.
US economy added 151,000 jobs in February, below expectations
The U.S. economy added 151,000 jobs in February as the labor market was cooler than expected ahead of the Federal Reserve's next monetary policy meeting later this month.
Red Robin considers closing 70 locations amid financial woes
Red Robin is eyeing more restaurant closures as it tries to turn around its business. Like its rivals, the fast casual chain has been suffering from slowing traffic.
Target faces 40-day boycott for rolling back DEI initiatives
Target is reportedly getting hit with a 40-day boycott by some consumers. The boycott is supposed to span the entirety of Lent, according to the New York Post.
Target, Best Buy CEOs warn of price increases as tariffs take effect
The heads of major retail companies are warning that their profits could be impacted by tariffs and that prices could rise, some as soon as this week.
Nationwide egg shortage has shoppers turning to Facebook Marketplace
A number of people are posting on social media that they have eggs for sale as a nationwide shortage persists, forcing grocers to impose purchasing restrictions and prices to skyrocket.
Target is bringing Warby Parker eyeglass shops to stores
Target announced Thursday that it and Warby Parker are bringing in-store “Warby Parker at Target" shops to five Target locations during the second half of the year.
Eggs are not the only expensive food: Beef prices are also on the rise
A lot of attention has been focused on high egg prices due to bird flu. However, the price of beef is also on the rise as production hasn't keep pace with demand.
Forever 21 likely to shutter remaining stores with second bankruptcy nearing
Forever 21 is expected to file for Chapter 11 bankruptcy for a second time as it faces relentless competition and a massive store footprint that has proven to be unsuccessful.
Costco announces 9 new stores opening in 2025, starting with 6 in March
Retail giant Costco is preparing to open six new locations in the U.S. in the coming weeks, and three additional ones worldwide very soon, the company says.
San Francisco losing high-end grocery store in former X headquarters
A high-end San Francisco grocery store is closing its doors at the end of the week, the business announced on social media. Its owner has been outspoken about why.
Home Depot says consumers postponing renovation projects, citing high interest rates
Home Depot said that its customers are still holding off on larger renovation projects as macroeconomic conditions continue to impact the housing market.
Denny's adds surcharge to eggs amid nationwide shortage, price spike
A growing number of restaurants are adding surcharges as the cost of eggs continues to skyrocket due to outbreaks of highly pathogenic avian influenza.
Walmart keeps store shelves stocked with eggs as shortage plagues retailers nationwide
The ongoing nationwide egg shortage has forced several companies to place purchasing restrictions on the product. Walmart is one of the retailers that hasn't done so, yet.
Crafts retailer Joann closing down all U.S. stores, one month after filing Chapter 11 bankruptcy
All Joann Fabrics and Crafts locations across the U.S. will close down over the next several weeks, according to Joann Inc., just one month after filing Chapter 11 bankruptcy.
Costco, Walmart are appealing to wealthy shoppers
Walmart and Costco have touted that they are appealing to a more affluent shopper. Walmart has steadily been growing its appeal to higher earners for years.
Pro-Farrakhan pastor leading Target DEI boycott calls Black Trump supporters 'coons' and 'runaway slaves'
Dr. Jamal Bryant, head of the New Birth Missionary Baptist and organizer of a Target boycott, has been a longtime supporter of notorious antisemite Louis Farrakhan.