Economy

Economy
Economy

Walmart teams up with popular coffee chain for home delivery

Grabbing a morning coffee and a gallon of milk used to mean two separate stops. Walmart just closed that gap. The retail giant is rolling out a new delivery partnership that puts a familiar coffee and donut brand right inside its shopping app.  For Walmart (WMT) stock investors, the move signals how far the company’s

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Economy

Major changes coming to Target in September

Target has been trying its hardest to bring more shoppers to its stores. The company is in the throes of a turnaround plan to offer customers a better selection of products, more organized stores, and a generally improved shopping experience. And in that regard, there’s perhaps no better category to focus on than beauty. The

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Economy

Women’s retailer closed 450 stores, heads to final liquidation

Blaming declining mall traffic for retail store failures ignores what’s actually happening. “Malls’ H1 2026 momentum continued going into the second half of the year, with year-over-year (YoY) visits to shopping centers up across all three formats analyzed (indoor, open-air, and outlet) in July 2026,” according to data from Placer.ai. Retailers like Claire’s, Joann, and

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Economy

Costco adds surprising seasonal item to lineup

Fall has a way of taking over the grocery aisle before the weather actually gets the memo. While many of us may still be walking around in shorts and flip-flops, pumpkin spice is everywhere, from coffee to cereal to seemingly every dessert imaginable.  For retailers, the arrival of fall flavors has become an annual opportunity

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Economy

Loan default puts 41-restaurant Mexican chain at risk

Not paying back a business loan kicks off a process that can end up with the company being forced to liquidate. “A business loan goes into default when you repeatedly violate the legal terms of your loan agreement. When you default on your loan, you’ve continuously missed payments — and have not reached a resolution

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Economy

45-year-old tour company shuts down, cancels all trips

While the approximately 8,000 registered travel agencies operating in the U.S. in 2026 can seem like a big number, it is significantly lower than the peak 35,000 businesses that sold trips and tours during the 1990s. If the rise of online booking platforms has been gradually whittling away the need for centralized agencies outside of

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Economy

Top analyst sees Nike doubling after getting kicked out of S&P 100

Sports apparel maker Nike ended the last trading week among the worst-performing stocks on the S&P 500 over the past decade, falling nearly 80% from its all-time while while trading at a 12-year low. On Sept. 4, the S&P Dow Jones Indices announced that Nike will be dropping out of the S&P 100 before trading

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Economy

Steakhouse chain closes final location in major market

Another steakhouse chain has exited a major market less than two years after opening its first location there, ending an expansion that had only recently begun. The closure comes as several other restaurants in the surrounding area have also shut their doors in recent months. Founded in 2011, Medium Rare is a Washington, D.C.- based

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Economy

Debt collection agency fails to pay debts, files Chapter 11

Only 10 jobs, including used car salesman, lobbyist, and telemarketer, outranked debt collectors on Insider Monkey’s 20 Least Respected Professions in America list. “Debt collectors often struggle with trust due to aggressive collection tactics, harassment allegations, and a reputation for putting financial interests above consumers’ well-being, cultivating negative perceptions. It is one of the least

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Economy

T-Mobile shutters a familiar part of the customer experience

T-Mobile, which is owned by Deutsche Telekom, continues to cut a key part of its operations after months of significant workforce changes.  As the carrier undergoes a digital transformation, announced by CEO Srini Gopalan late last year, it has quietly conducted several rounds of job cuts in December, March and April, affecting employees in departments

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