A familiar discount retail chain is preparing to close another location, adding to a growing list of stores that have disappeared from communities across North America. The latest shutdown is only days away, but the reason behind it goes beyond the usual challenges facing brick-and-mortar retailers. Founded in 1865 in London, England, The Salvation Army
While the actual decline is relatively small, even a slight drop in overall liquor sales can have a devastating impact on the industry. “Active U.S. craft distillers dropped from 3,069 in August 2024 to 2,282 in August 2025. Seven hundred and eighty-seven fewer operations in a single year,” according to The American Craft Spirits Association.
Spectrum, which is owned by Charter Communications, is rolling out a free offer to internet customers as it struggles to retain them amid tougher broadband competition. The company revealed in its latest earnings report that it lost 172,000 internet customers in the second quarter of this year. Amid this trend, its internet revenue also declined
Comcast has attached a new service to its Xfinity internet plans as it faces mounting customer losses. The company revealed in its most recent earnings report that it lost 167,000 U.S. broadband customers in the second quarter of this year. Also, its revenue in this segment dropped by 5.5% year over year. The exodus of
Menswear retailers have been recovering over the last six years since the Covid-19 pandemic, led by Men’s Wearhouse and Jos. A. Bank owner Tailored Brands, which plans to open 20 stores by the end of 2026 and another 30 in 2027. Tailored Brands had closed over 400 stores when it filed for Chapter 11 bankruptcy
When Target and Ulta Beauty decided to end their five-year partnership, the department store put out a terse statement about the impending divorce. “Ulta Beauty and Target Corporation announced that they have mutually agreed not to renew the Ulta Beauty at Target shop-in-shop partnership when the current agreement concludes in August 2026. Until then, the
Retailers have spent years collecting information about their customers. They know what shoppers buy, how frequently they shop, where they live, what they browse online and, in many cases, how they respond to promotions. That data can be enormously valuable. It can help retailers stock stores, personalize marketing offers, and determine which products to put
After bankruptcy, ongoing restaurant closures, a sweeping restructuring, and years of financial pressure, a familiar promotion is making an unexpected return at one of America’s best-known seafood chains. The deal was once one of the restaurant industry’s most recognizable value promotions. But after proving increasingly difficult for Red Lobster to sustain, the chain took a
Warren Buffett‘sBerkshire Hathaway made a move that caught even longtime investors off guard. The conglomerate first built a new position in Macy’s in Q1 of 2026, marking its first public bet on a department store chain in about 60 years. According to Tikr.com data Berkshire now holds 7.37 million shares of Macy’s (M) worth roughly
Pandora (PNDORA) just told investors it will keep replacing silver in its jewelry, even though silver’s price has fallen significantly from its record high. That decision surprised some market watchers. When the price of a material drops, most companies take the cost savings and move on. Pandora is doing the opposite. The Danish jeweler wants