Economy

Economy
Economy

Beloved Chinese restaurant chain closes its final restaurant

A charming origin story about a mom feeding hungry college kids who later became hungry young professionals, and a passionate customer base that fell in love with those recipes, does not guarantee a happy ending. Even in the best of times, restaurant operators face a nearly impossible challenge. In the current market, they need to

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Economy

30-year-old furniture brand files for Chapter 11 bankruptcy

The furniture sector still faces financial distress, business closings, and bankruptcies despite a year of recovery in 2025. After a two-year decline in sales, the furniture industry recovered in 2025 as combined sales of the Top 100 furniture retailers increased by 0.9% to $51.2 billion compared to the previous year, according to Furniture Today. Positive sales

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Economy

Target brings back beloved brand to win over shoppers

Target has been on a mission to transform its stores.  The company wants shoppers to see it as more than a place to pick up groceries, household essentials, and everyday necessities.  Instead, Target wants to be a destination for fashion and discovery again. And the company is betting that one of the best ways to

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Economy

Walmart lands exclusive 7 Brew drinks Target, Kroger can’t get

When a new coffee chain opens near our home, I try it at least once. For many chains, like Cali Coffee and Dutch Bros., after a few visits, I knew that neither chain offered me a compelling enough product to drive farther than the closest Starbucks for anything they sold. A local chain, Carmella, passed

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Economy

Down almost 80%, is Nike stock undervalued or a value trap?

Valued at a market cap of $58 billion, Nike is among the worst-performing stocks on the S&P 500 over the past decade. Nike (NKE) stock is down almost 80% from all-time highs and trades at a 12-year low.  The ongoing pullback has raised the forward dividend yield to 3.7%, making it attractive to income-seeking investors. 

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Economy

Popular health and wellness brands set for Chapter 7 liquidation

When a company files Chapter 7 bankruptcy, it places its fate in the hands of the courts. That can result in its assets being sold off for parts, vendors accepting all or part of the company in lieu of payment, or, in rare cases, a sale of the brand to someone who wants to actually

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Economy

Luxury real estate developer files for Chapter 11 bankruptcy

When development companies put their funds behind a project, there is always the risk that things will not go the way they intended. Two resorts in Miami Beach filed for Chapter 11 bankruptcy within a few weeks of each other in March 2026, while at the end of last year, the company behind well-known New York City hotels such

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Economy

McDonald’s brings back a popular dessert, drops a fall favorite

McDonald’s rarely changes its dessert menu, aside from adding seasonal McFlurries and bringing back the Shamrock Shake every year. Recently, however, the chain brought back its classic fried apple pie for the first time in 34 years. “The OG Fried Apple Pie is back at participating restaurants nationwide for a limited time. The all-day menu

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Economy

102-year-old fashion, lifestyle retailer confirms 180 more closures

A retail giant is taking a harder look at its store network as changing shopping habits and weaker profitability force the company to rethink where it invests. The retailer has already closed dozens of locations this year, and its latest update shows that the pullback from physical stores is not slowing down. At the same

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Economy

Dyson built a $499 toothbrush with a camera inside it

Every few years, a company decides that a boring household product is actually an unsolved engineering problem. Sometimes that instinct produces something people genuinely want. Sometimes it produces a $400 juicer that squeezes bags. The tell is almost always the price. When a company enters a mature category at double the going rate, it is

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