Rising traffic in the fried chicken dining sector, which rose 3% industrywide in 2025 according to Circana, wasn’t enough to prevent Popeyes franchisee Sailormen’s financial distress and bankruptcy filing in January 2026. Sailormen’s economic issues prompted it to divest of all of its restaurant locations. Bankrupt Popeyes Louisiana Kitchen franchisee Sailormen Inc., which operated 136 fried chicken locations when
Maybe you’ve heard the joke about Dollar Tree. In my neck of the woods, people like to call it “No-Longer-a-Dollar Tree.” There’s a reason for that. Dollar Tree has spent the past few years transforming itself from a true single-price retailer into a chain with merchandise spanning multiple price points. The strategy has helped the
At this stage of the year, parents all over the country are opening their wallets and hitting their local big-box stores to stock up on back-to-school items. And many are straining their budgets to do so. A good 45% of parents plan to take on debt to pay for back-to-school shopping this year, according to
Tailored Brands, the owner of Men’s Wearhouse, is preparing to return to public markets six years after bankruptcy, but its pitch to investors goes beyond a simple stock listing. The menswear retailer is also making an aggressive bet on physical stores. Tailored Brands, which also owns Jos. A. Bank, Moores, and K&G Fashion Superstore, sees
With some of the city’s most iconic foods being pizza and the various dishes invented in the original red-sauce joints, Italian food in New York City dates back to the late nineteenth century when waves of immigrants from southern Italy started arriving in Lower Manhattan. Since then, New York’s Italian food scene has gone through
Usually, when a company files for bankruptcy, that filing follows obvious public struggles. When it’s a retailer, regular customers notice fewer staff members working and inventory gaps. A restaurant might have similar staffing issues while subbing out higher-quality ingredients for cheaper ones. Employees and customers don’t always see the warning signs. That was the case,
Grocery shoppers have become increasingly selective about where they spend their money. Higher food prices over the past several years have pushed consumers to compare prices more closely. That has created an opening for discount chains. And Aldi appears to be benefiting. The discount grocer has now opened its first store in Midtown Manhattan, bringing
The things that look permanent are usually the ones getting worked on hardest. You just don’t see the scaffolding until it comes down. Think about the objects that haven’t changed in your lifetime. The stop sign. The three-pronged plug. The red can sitting in a cooler at a gas station in a country whose language
Limited-time-offers (LTOs) bring consumers back to stores they may not have visited in a while and in rare cases, they may get a shopper to go someplace they rarely, or never, visit. In other cases, an LTO simply gets a customer to spend more than they otherwise might have. Starbucks, for example, recently brought back
Amazon is expanding its logistics business, accelerating delivery speeds, and generating stronger profits. But growth does not mean every Amazon warehouse or job remains safe. A newly filed Worker Adjustment and Retraining Notification (WARN) notice shows that Amazon plans to shut down another Florida facility, affecting nearly 500 employees. The closure follows a separate Amazon