We’re heading into gift card season, and that comes with its own set of risks, which go beyond your uncle getting you a $5 Starbucks card when you got him a cashmere sweater. “Gift card draining is a type of fraud in which thieves steal the value from a gift card, often before the legitimate
While small airlines around the world are struggling with the sudden spike in jet fuel prices, the aviation industry in Russia is in a particularly poor state after the military invasion of Ukraine in February 2022 led to airspace bans, Western sanctions, and inability to access foreign plane parts for repairs of aging aircraft. In
DoorDash shares fell around 3% on Sept. 23. This followed as the delivery giant faces a record-setting $131.5 million settlement with New York City. The decline adds to a difficult stretch for DoorDash investors as the stock has fallen nearly 17% over the past month. Shares are down about 18% year to date and nearly
Store closures continue to reshape the retail landscape, leaving shoppers in some communities with fewer nearby options as retailers respond to changing consumer habits, rising costs, and evolving real estate strategies. Even discount retailers, which have benefited from consumers looking for lower prices, have been evaluating their store footprints and closing individual locations. Now, another
Walmart is giving shoppers another reason to keep paying for its membership program. And this time, the benefit is something every driver wants: cheaper gas. Walmart+ is adding CITGO stations to its Gas Savings program, expanding the benefit from 13,000 to more than 17,000 participating locations across the U.S. Members can save 10 cents per
If you recently bought applesauce at ShopRite or any of several other major grocery chains, you may want to check your pantry. Wakefern Food Corp. is recalling select containers of Wholesome Pantry Organic Unsweetened Apple Sauce. The recall comes amid routine testing by the U.S. Food and Drug Administration (FDA), which found elevated levels of
The U.S. wine industry faced declining demand, changing consumer attitudes toward wine, and excess inventory since the Covid-19 pandemic in 2020, which contributed to a prolonged downturn in winery revenue, according to Silicon Valley Bank’s State of the U.S. Wine Industry Report. The multiple business challenges led to significant economic issues and a 21% decline
For four years, I ran part of my family’s scaffolding business and had to plan shipping rental orders to our customers. When diesel and gas prices rose, that cut into the bottom line, as rental prices were pretty much an industry standard. Since most rentals were long-term, the added cost was meaningful, but we eventually
A McDonald’s drive-thru shouldn’t feel like a waiting room. Yet there you are, watching the minutes tick by while the car ahead sits at the speaker. For a company with 45,356 restaurants, that is definitely a problem worth fixing. Well, McDonald’s seems to be thinking the same thing. And on Sept. 23, it committed $8.5
After multiple restructuring efforts, financial struggles, and major closures, one of the oldest luxury fashion brands still operating faces another significant test of its future, with its remaining physical retail presence in a major market now at risk. In 2026, rival brand Louis Vuitton confirmed it would close its only store in Guizhou, a province