#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Shrugging off speculation that the Ladies’ Mile shopping corridor was losing its juice, Burlington Coat Factory is doubling its space by moving to 620 Sixth Ave., the 1896-vintage, cast-iron building that’s one of the most iconic structures on the avenue between West 14th and…
It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace? One key reason is a relatively simple one: Wealthier consumers, boosted by strong gains in income, home equity and stock market wealth, have…
Walgreens announced that it will shutter 1,200 stores over the next three years — and 500 locations in 2025 alone — as the drugstore giant seeks to slash $1 billion in costs. The Chicago-based pharmacy chain, which has around 8,700 locations nationwide, told analysts on Tuesday that one in four…
Dozens of Salt Life retail stores across the country are closing following the company’s recent purchase. Hilco Consumer-Retail Group, one of the new owners of the brand, announced Tuesday that it will be closing all 28 retail locations. Liquidation is underway as new ownership plans to restructure the fashion company and lay out a…
Kmart, one of America’s most iconic department store chains, is closing its last full-size store in the United States this fall. The store, located in Bridgehampton, New York, on the South Fork of Long Island, will close its doors for good on October 20, an employee confirmed to WJAR. The…
Tupperware Brands Corp. and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, giving in to dwindling demand for its once-iconic food storage containers and mounting financial losses. The company’s struggles resumed after a short-lived pandemic boost, when increased home cooking briefly drove demand for its colorful, airtight…
Walmart said Thursday it has partnered with Restaurant Brands’ Burger King to offer discounted meal benefits to its membership customers as the retail giant looks to make its services more attractive to compete better with Amazon’s Prime. Walmart’s members can avail discounts at Burger King, including 25% off on any digital order every day, the company…
One, a fintech company backed by Walmart, will introduce checking accounts to thousands of Walmart employees and a small percentage of its online customers for beta testing in the coming weeks, two people familiar with the matter said. The fintech aims to make the accounts available to Walmart’s 1.6 million employees within a year…
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