Economy

Economy
Economy

Another state just banned a controversial retail pricing practice

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

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Economy

Popular shoe retailer closing dozens of stores after a costly mistake

Shoe Carnival differentiates from traditional shoe stores thanks to its upbeat music, open-stock layout, spin-to-win discount wheels and in-store announcer who manages time-sensitive flash sales.  Until recently, the brand mainly focused on moderate-income, value-conscious family shoppers looking for name-brand products (such as Nike, Skechers, Crocs, Adidas) at discounted prices.  That’s why it predominantly located its

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Economy

Iconic seafood chain brings back controversial deal amid closures

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

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Economy

Innovative men’s and women’s jeans brand files Chapter 11

Sustainability might make for good marketing, but it doesn’t guarantee financial success. Surveys and spending data alike indicate that many consumers do value sustainability —and, in some categories, are willing to pay a premium. However, that willingness is highly variable, depending on the product, price point, and the type of benefit offered. “Many executives, especially

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Economy

Warren Buffett’s Berkshire doubles down on undervalued retail stock

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

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Economy

Historic retailer gets lifeline after warning it could collapse

Once a destination for some of the world’s most selective luxury shoppers, an iconic retailer is facing one of the biggest turning points in its nearly two-century history. Years of financial losses and mounting challenges have put the business under serious pressure, with its owner warning that it could not survive much longer without new

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Economy

Pandora opens unexpected box as silver price drops

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

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Economy

Discontinued Costco member favorite returns to shelves

There’s a reason so many people liken shopping at Costco to going on a treasure hunt. When you roam the aisles, you never quite know what you’re going to find. Costco’s own executive team uses the phrase “treasure hunt” frequently. The company intentionally tries to keep its inventory interesting so members are inspired to come

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Economy

53-year-old lawn and garden giant faces Chapter 11, liquidation

Americans spend a lot of money to keep their lawns looking good, but new data reveal some headwinds facing the lawn and garden industry. “For the first time since 2019, the U.S. gardening audience contracted — and yet total spending hit an all-time high,” according to Garden Research’s 2026 National Gardening Report. Some key data

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Economy

Main hotel for Mount Rushmore tourists files for Chapter 11 bankruptcy

A giant stone carving of four early U.S. presidents, Mount Rushmore is a major historical tourist attraction bringing in an average of between two and 2.5 million tourists in a given year. Most will either drive to the National Memorial located in the Black Hills of South Dakota from thousands of miles away as part

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