Economy

Economy
Economy

Another state just banned a controversial retail pricing practice

Retailers have spent years collecting information about their customers. They know what shoppers buy, how frequently they shop, where they live, what they browse online and, in many cases, how they respond to promotions.  That data can be enormously valuable. It can help retailers stock stores, personalize marketing offers, and determine which products to put

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Economy

Popular chicken wings franchisee files Chapter 11 bankruptcy

The chicken dining sector is a challenge for smaller restaurant chains that compete with popular fast-food establishments such as Chick-fil-A, Raising Cane’s, and Popeyes. The public’s awareness of these chains, which is supported by national advertising, is a major obstacle local and regional chains face in generating sufficient traffic to their stores. Chicken wings dining

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Economy

JPMorgan just flagged a slow-building food crisis

Fear travels faster than arithmetic — and it moves fastest around the one household bill you cannot skip, defer, or really shop your way out of. Groceries have been the sorest spot in American household budgets since 2022, when food prices rose 9.9% in a single year, the fastest pace since 1979, according to the

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Economy

66-year-old discount retailer closes hundreds of stores

A bad economy should, in theory, push people to shop at value-based chains rather than traditional retailers. For chains like Costco and Walmart, which have steadily reported sales increases, that’s true, but other chains have suffered, despite offering low-cost items. And while some retailers have positioned themselves as being value brands, they’re not actually cheaper.

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Economy

Record Cattle Prices, Cheaper Chicken & the Lettuce Scare: What’s Really Happening to Food Prices

Are your grocery bills finally getting some relief — or is more price pressure on the way? In this episode, we sit down with Dr. David Anderson, economist and professor at Texas A&M University, to break down what’s really happening with food prices in America. Jeffrey Snyder, Broadcast Retirement Network Well, joining me now is

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Economy

Popular shoe brand’s stock erased $200 billion in market value

Nike (NKE) hit its highest stock price ever in November 2021, riding pandemic-era sneaker demand that seemed unstoppable at the time. Nearly five years later, that peak looks like a monument to a different company. The stock has spent nearly the entire stretch since sliding, and the drop has erased roughly $200 billion in market

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Economy

Samsung’s $2,100 phone tests how much consumers will pay to fold

There was a time when $1,000 for a phone seemed absurd. Now Samsung is asking certain customers to pay more than twice that. The Samsung Galaxy Z Fold 8 Ultra starts at $2,099.99, making it one of the most expensive mainstream smartphones consumers can buy in the U.S., The Guardian reported. So what is the

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Economy

Popular discount retailer closing more stores

Dollar Tree has spent the past few years trying to make its business bigger, better, and more relevant to shoppers who don’t necessarily think of the retailer as their first stop for everyday purchases. So far, that strategy appears to be working. The discount retailer reported first-quarter fiscal 2026 sales of $5 billion, a 7.2%

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Economy

TJ Maxx faces major threat from longtime rival

Inflation has reshaped where Americans shop, and nowhere is that shift more visible than in the off-price apparel aisle. As grocery bills climb, gas prices creep back toward $4 a gallon, and everyday essentials eat up a bigger share of household budgets, shoppers who once bought without blinking are now comparison shopping for basics like

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Economy

Costco keeps discontinuing popular products

Costco has a way of making shoppers fall in love with products they can’t find elsewhere. That’s a big reason the company boasts a worldwide membership renewal rate of almost 90%. The downside, though, is that Costco has a habit of killing products that have been on the shelves for a long time. And that

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