Economy

Economy
Economy

Americans making over $100,000 are shopping somewhere unexpected

Once upon a time, a household making $100,000 a year in America was a long way from the classic dollar-store client. That line is becoming increasingly blurred. Dollar General (DG) says it is seeing more high-income shoppers, those making over $100,000 a year, walk into its stores, according to Axios. Rival Dollar Tree (DLTR) also

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Economy

Ross Stores customers will soon feel a notable change in stores

Ross Stores, which also operates dd’s Discounts, is planning a bold in-store change as it benefits from heightened consumer demand.  The off-price retailer saw its comparable store sales increase by 10% year over year in the second quarter of this year, according to its latest earnings report. Also, its operating profits reached $1.1 billion, up

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Economy

Costco makes a delivery change members will love

Costco has one of the most loyal customer bases in retail, and there’s a good reason for that. Members tend to believe they’re getting exceptional value for their money, whether it’s bulk products, home services, or eyeglasses. But Costco’s value proposition also extends to some of the smaller purchases members have come to love. The

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Economy

Aéropostale helps bring back once-controversial brand

Aéropostale is partnering with a once-controversial brand to launch one of its latest collaboration collections as its partner works through a major transformation. Not many brands have managed to navigate a business turnaround quite like Aéropostale. From becoming a mall staple to filing for Chapter 11 bankruptcy in 2016 due to declining sales and falling

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Economy

49-year-old Napa Valley winery files Chapter 11 bankruptcy

Economic challenges in the wine sector, including a 21% decline in industry revenue from 2020 through 2025, according to  Silicon Valley Bank’s State of the U.S. Wine Industry Report, have led several wineries to file for bankruptcy protection. Among the wineries filing for Chapter 11 bankruptcy in 2026 were Sonoma, Calif.-based Robledo Family Winery Inc.

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Economy

Airline investment company refiles for Chapter 7 bankruptcy

Between the spike in jet fuel prices and regular operating cost issues that often make aviation an unlucrative industry to get into, dozens of small and mid-size airlines filed for bankruptcy or shut down entirely in the first half of 2026. The May 2026 collapse of Spirit Airlines is the most prominent case. But other

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Economy

Dollar Tree shares key pricing update

Inflation may not be running at the same pace it did a few years ago. But that doesn’t mean shoppers have forgotten what higher prices feel like.  Groceries and other everyday necessities remain expensive, and consumers are still looking for ways to make their money go further. That’s where Dollar Tree comes in. Consumers have

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Economy

Dunkin’ comes back to major market after 12-year absence

More than a decade after exiting a market where it once operated 18 locations, Dunkin’ is looking to reopen a chapter that ended following a contentious franchise dispute. The coffee and donut chain has been pursuing new growth opportunities as it expands its footprint in the U.S. and internationally, including recent moves into markets where

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Economy

Abercrombie’s stock exploded, but 1 number changes the story

Prices are something all American households still complain about. However, that does not mean they aren’t going out to purchase clothes. Abercrombie & Fitch (ANF) reported record second-quarter net sales of $1.27 billion, about 5% higher than a year ago and its 15th consecutive quarter of sales growth. It’s no small feat, considering the state

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Economy

Walmart reveals its most important investment yet

Walmart just showed investors that even a strong quarter can come with a warning. The retailer beat Wall Street expectations in its fiscal second quarter, with revenue rising 5.9% to $187.9 billion and adjusted earnings reaching 81 cents per share, CNBC confirmed.  But the company’s outlook for the next quarter disappointed investors, and Walmart shares

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