Economy

Economy
Economy

Hilton and Marriott hotel operator files Chapter 11 bankruptcy

People rarely think about who owns and operates the hotel they’re staying in. In most cases, if I’m in a Marriott or a Hilton, I just assume that the brand on the marquee is the company running the property. In reality, that’s often not the case and many hotel brands are franchised, with some run

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Economy

89-year-old frozen pizza brand discontinued for good

Pizza has ranked as the most popular American food in recent years, as 21% of U.S. adults chose a slice of pie ahead of steak and hamburgers, in a Harris Poll survey of over 2,000 respondents in 2023. In the poll, 16% preferred steak, while 13% like hamburgers best, the Atlanta Journal-Constitution reported. For those

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Economy

Another 100-year-old retailer closing forever

One in three of today’s babies will live to see their 100th birthday, according to British government statistics. Businesses face much longer odds, according to data from the Bureau of Labor Statistics (BLS). 79.6% survived one year. 68.9% survived two years. 50.6% survived five years. 42.8% survived seven years. 34.7% survived 10 years. Making it

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Economy

Popular Amazon OTC medicine recalled nationwide, again

Although I used to buy over-the-counter (OTC) medicine from CVS or my local grocery store, I now buy anything I might take from Amazon. That’s because I’m ordering from the online giant nearly every day, and it’s rare that I need a painkiller, allergy relief pill, or something else to treat a minor ailment immediately.

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Economy

Iconic restaurant chain sees traffic drop 6.1% despite $7.99 deals

Americans haven’t stopped eating out, but more of them are finding ways to spend less when they do. With rising prices, I have become more mindful of how many restaurant or takeout meals I have each month. It’s home-cooked fresh meals for the most part, save a weekend here or there. A recent Popmenu study

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Economy

Walmart makes a pricing promise other retailers haven’t

Walmart’s CEO has promised that his chain won’t use dynamic or surveillance pricing. “Dynamic pricing is a strategy that adjusts prices in real time based on demand, inventory, competitor actions, and other market signals,” according to Salesforce. Instead of using fixed price lists, teams rely on connected data and automation to recommend or update prices

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Economy

61-year-old college retailer quietly closes 68 stores in 3 months

Contrary to the popular belief that physical bookstores and print books are dying, the latest industry data paints a different picture. In 2025, print formats accounted for 50.6% of publishers’ revenue, versus 14% that came from digital formats, according to the Association of American Publishers. At the same time, physical retail revenue increased 7.2% to

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Economy

Apple readies an Oct. 8 surprise for customers

Apple has shared on its website that it’s releasing the iPhone Duo foldable phone and that preorders begin on Oct. 16. That followed the introduction of iPhone 18, which has already gone on sale. The company, however, appears to have another new product launch planned. Apple retail stores received boxes earlier this week featuring “Do

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Economy

Publix faces customer backlash over an unusual discount policy

Publix is once again facing sharp criticism from customers over a discount policy that differs across its stores. The grocery chain has seen its share of customer backlash this year, with several of its policies drawing complaints. When it discontinued Publix Pay, its contactless in-app payment option, in March, some customers called the move a

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Economy

National retailer files Chapter 11 after 80 stores closed in 2026

We own a hot tub and that requires weekly maintenance. It’s pretty simple, and involves two different chemicals, both of which I buy from Amazon. There’s no need to go to a pool supply store because I’m getting the same products every time, and can simply put my order as an auto-subscription. If I chose

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