Economy

Economy
Economy

Company behind several holiday parks files for bankruptcy

More commonly called an RV village or a campsite village in the U.S., a holiday park is a British term for a wider holiday resort built around either a campsite, cabin village, or luxury lodges rather than a hotel. Some are simple sites for traveling campers to park their car for a night and access

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Economy

McDonald’s just did something not seen in decades

I’m convinced you know McDonald’s as the one restaurant you could count on in any economic storm. Through the 1991 recession, the 2008 financial crisis, and COVID, the Golden Arches kept on feeding customers. The trade-down effect, where consumers cut back on expensive restaurants and head to fast food, was supposed to be McDonald’s permanent

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Economy

Cracker Barrel’s new CEO has a warning about restaurant prices

Restaurants have a pricing problem. In late 2025, more than 80% of Americans believed that restaurant prices had climbed over the previous 12 months, according to a YouGov report. However, only 28% of diners believed that those prices were fair for the quality of the meal. This perceived “value gap” affects how diners are spending.

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Economy

Walmart, Aldi, and Kroger follow Costco’s lead

With grocery prices remaining high, shoppers are constantly looking for ways to save without sacrificing the quality of products they trust. Increasingly, this has begun to mean putting more store brands in carts. U.S. private-label consumer packaged goods sales have reached $330 billion, accounting for 24% of unit sales and 23% of dollar sales, according

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Economy

Medicare shoppers face a hidden Al problem this open enrollment

The most expensive Medicare decisions do not feel like decisions. They feel like reading one page, getting one clean answer and moving on. That is how somebody ends up in a plan that drops her cardiologist in March, or else she never learns she qualified for coverage built for her exact situation. Open enrollment opens

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Economy

Viral cookie chain leaves key market, closes all stores

The idea of the “viral” cookie chain emerged in the late 2010s when the Utah-based Crumbl Cookies opened its first store on a college campus in 2017 and quickly gained a major following on social media through creative, photographable flavors and a business model that leaned into “FOMO” with weekly cookie drops and rotating flavors.

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Economy

Only US private passenger train files Chapter 11 bankruptcy

Choosing the best mode of transportation for a 240-mile trip can be challenging for travelers. For example, a trip from Orlando, Fla., to Miami is about 240 miles and can take about 4 hours to drive by car. A non-stop flight from Orlando to Miami can take about an hour and 15 minutes one-way in

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Economy

Bank of America drops bombshell verdict on Nike stock

Nike stock (NKE) dropped about 44% this year, and the pressure is only growing as the company gets ready to report its fiscal 2027 first-quarter earnings on October 1. The latest blow came from Bank of America. The bank pulled its neutral call on Nike and moved the stock to a sell rating. BofA also

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Economy

Lowe’s launches a new service as it works to win back customers

Lowe’s has entered a partnership to roll out a new service for customers as it faces weak demand in its stores.  In the second quarter of this year, the home-improvement chain’s comparable sales only increased 0.2% year over year, according to its latest earnings report. A recent Placer.ai report also revealed that average customer visits

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Economy

Amazon copies Costco move that benefits members and workers

Amazon is one of the biggest employers in the U.S., and has more than 1.58 million employees worldwide. The company’s enormous workforce is central to its ability to move millions of packages and keep its sprawling retail operation running.  But Amazon’s reputation as an employer has also faced scrutiny. The company has dealt with criticism

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