Economy

Economy
Economy

After closing stores, retailers make a risky cash trade

Anyone watching late-night television has heard those ads that urge people to sell the rights to a structured settlement won in a lawsuit to get cash now. “If you agree to take your award or settlement as a structured settlement, instead of receiving one large amount from the plaintiff, you will receive periodic payments over

Read More
Economy

Dividend King Coca-Cola is suddenly acting like a growth stock

Soccer purists spent June and July complaining that World Cup hydration breaks turned fast-moving matches into stop-start slogs padded with extra commercial time. Broadcasters cashed in on those minutes. So did Coca-Cola, the tournament’s longtime beverage sponsor, whose in-stadium marketing during those very breaks helped power one of the more unusual quarters in the company’s

Read More
Economy

7 Brew fixes its biggest problem in battle with Starbucks

When 7 Brew opened a few miles down the road from our home, my son and I were there on opening day. He’s a fan of their “Fizz” sodas, while I enjoy the “Sweet and Salty,” a coffee drink made with espresso, salted caramel, white chocolate, and a breve (half-and-half) base. That, however, is a

Read More
Economy

113-year-old discount grocery chain closes more stores

When your local grocery store closes, it doesn’t matter to impacted residents that the chain is adding locations in other markets. My family owns a vacation home in Jaffrey, New Hampshire, and the closest grocery store was about five miles away in a neighboring town. When that store closed, our options were smaller, much more

Read More
Economy

Kroger makes a pricing move Costco and Walmart will love

It costs 14.8% more to shop at Kroger than to buy the same items at Walmart, and Costco‘s prices for those items are 21.8% cheaper than Walmart’s, according to a study commissioned by Consumer Reports. Even the Kroger-owned discount brands King Soopers (7.9%) and Food for Less (9%) come in with higher prices than the

Read More
Economy

Mattress chain closes every store without filing for bankruptcy

When it’s time to buy a new mattress, my wife and I go to physical retail stores and try to make sure we’re going to feel comfortable with whatever we decide to purchase. That’s not a foolproof plan, as our current bed took a few years of use before it actually felt like the bed

Read More
Economy

Costco delivers a service Lowe’s and Home Depot can’t match

After building a new house earlier this year, my wife and I got to experience the challenge of having bulky items that either needed to be signed for or needed to be moved into a house we weren’t yet living in. It was about an hour drive between our former and our new residence, so

Read More
Economy

T-Mobile changes how customers can pay for phones

T-Mobile is changing how customers finance new devices after previously saying it would scale back free phone deals and device subsidies. During an earnings call in February, T-Mobile CEO Srini Gopalan revealed that the company is moving away from device subsidies and will rethink its approach to these deals, noting that customers purchase new phones

Read More
Economy

Make-your-own pizza chains shut down 100s of restaurants

When I first experienced a made-to-order pizza, one where I fully customized my pie and watched it get built, then put into the oven, I thought the concept would upend the takeout pizza market. Very successful for a while, the concept later fell victim to what I think of as “self-serve frozen yogurt syndrome.” It’s

Read More
Economy

Healthy fast-food chain closes after Chapter 11 filing

Consumers consistently say they want healthier fast-food options, but when it’s time to order, many still choose taste, value and convenience instead. McDonald’s, for example, no longer even has a salad on the menu because customers simply didn’t buy enough of them to justify the expense. There’s often a disconnect between what people say they

Read More