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Red Lobster are not the only restaurants closing down
Newsweek· 6 hours agoOn May 13, the company announced the abrupt closure of at least 99 restaurants across 27 states,...
Gen Z Retailers Fashion Buy Points With Earnings Due
Investor's Business Daily· 1 hour agoUrban Outfitters kicks off youth apparel chains Tuesday night, with an earnings slowdown seen.
Wendy's offers $3 breakfast combo, as fast-food customers recoil from high prices
CBS News via Yahoo Finance· 10 minutes ago"[I]t's imperative that we continue to keep affordability at the forefront for our customers." Here...
Popular retail chain faces delisting and risk of default
TheStreet.com· 2 hours agoThe past year has been bleak for retail chains that struggled during the covid pandemic. During the pandemic some companies had to shut down due to social-distancing rules, and even when companies ...
US Default Risk for Fashion Retailers Shows Improvement in May
Sourcing Journal via Yahoo Finance· 6 hours agoSo far, the only U.S. fashion retail bankruptcy was fashion chain Rue21, which filed on May 2....
Heard on the Street: Macy’s New-But-Old Makeover Strategy Has Legs
The Wall Street Journal· 2 hours agoThe retailer, which also owns Bloomingdale’s and beauty-focused Bluemercury, said Tuesday that...
National retailer with 50 NJ locations pledges to cut prices
New Jersey 101.5 FM· 11 hours agoDiscount retailer Target, which operates 51 stores in New Jersey, has announced that it will be...
Real-Estate Downsizing Finally Comes for Your Pharmacy
The Wall Street Journal· 8 hours agoThe National Association of Chain Drug Stores lobbying group blames pharmacy-benefit managers, which...
Auto & Transport Roundup: Market Talk
The Wall Street Journal· 37 minutes agoBecause of this “a potential labour disruption that was threatening Canada’s supply chain has been pushed out.” (adriano.marchese@wsj.com) 1327 GMT –...
Macy’s Reports Another Drop in Sales
New York Times· 6 hours agoMacy’s, the largest department store chain in the United States, on Tuesday reported a decline in sales for the first quarter of the year, a sign that...
