On Sept. 14, Latvian flag carrier AirBaltic filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of New York, citing “acute financial stress due to a combination of financial and geopolitical factors.” Specifically, the price of jet fuel has remained elevated for months following the closure of the Strait of
Back when we lived in Connecticut, we had a local sports bar that we frequented fairly regularly. It was about three miles from our house, had affordable prices, and was loud enough that we could bring our son, who was a toddler at the time. It was a famous place that ran radio and television
Costco built the business by convincing shoppers that its annual membership fee pays for itself through lower prices, bulk savings, and access to products they may not find elsewhere. More than 145.2 million people have Costco cards, me among them. People with large families are more likely to take out memberships for redeemable points, cash
Nike Inc. (NKE) stock has erased close to $200 billion in market value since its November 2021 peak, in what has become the worst drawdown in the company’s history. That damage has since grown to more than $220 billion, according to Forbes, as shares slid toward a 12-year low, leaving the stock roughly 78% below
While Target’s latest earnings results reveal the retailer is making all the right moves to recover from previous sales struggles, the company is not catching a break in efforts to get those customers back to its aisles. In August, I reported that the company’s net sales had improved 5.3% year over year, hitting $26.5 billion,
For decades, CVS seemed like the perfect business. It was convenient, sold a mix of products people wanted, and everyone was forced to go there (or to one of its rivals) when they needed to pick up a prescription. Now, however, the company has been fighting a war on many fronts. Consumers can order much
Walking into an Ulta Beauty store could look a little different in the coming months. To improve the customer experience and its own position amid increasing competition, the beauty retailer is making major changes. One of the ways is changing how it selects which beauty products deserve a spot on its shelves. Rather than waiting
In this episode, we sit down with Toby Smithson, M.S., RDN, LD, CDCES, FAND — a Certified Diabetes Care and Education Specialist and Registered Dietitian Nutritionist who has personally lived with type 1 diabetes for over five decades. Jeffrey Snyder, Broadcast Retirement Network Three, two, one. Well, Toby, it’s great to meet you. Thanks for
For decades, a Costco run has meant driving to the warehouse yourself, waiting in a long line at the door, and loading a flatbed cart built for hauling more than most people could carry alone. That ritual sits at the center of Costco Wholesale’s (COST) business model, which is why the retailer has moved more
Financially challenged fast-food franchisees have been lining up to file for bankruptcy protection in 2026 to reorganize their businesses and restructure debt. Hardee’s Phoenix-based restaurant franchisee Superior Star LLC , filed for Chapter 11 bankruptcy protection on July 9, facing an alleged seller financing dispute, according to court papers. A burger chain rival, Checkers Drive-In franchisee C.S. Holdings of