Economy

Economy
Economy

Mexican restaurant chain closes original location after 43 years

A Mexican restaurant institution is closing one of its well-established locations, ending more than four decades of service at a site that has been part of the city’s dining scene since the early 1980s. The closure is part of a broader series of changes for the restaurant operator, which has shut down locations across its

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Economy

Walmart, Target, and Kroger face growing retail crime issue

When people talk about shoplifting and organized retail crime (ORC), they tend to focus on the bottom-line impact on businesses. That makes sense because the numbers aren’t small, according to the National Retail Federation’s (NRF) The Impact of Theft & Violence 2026 report. “The 2026 report demonstrates a concerning shift as criminals move beyond traditional

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Economy

36-year-old casual dining chain files Chapter 11 bankruptcy

Full-service restaurant chains are having difficulties in 2026 with several businesses filing for bankruptcy, closing locations, and in some cases, shutting down all of their restaurants. Business disputes that result in lawsuits have been common cause of closures and bankruptcy filings among dining chains. Among the restaurant operators already facing litigation are Buttermilk Eatery chain owner

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Economy

Morgan Stanley makes a buy call on tumbling retail giant stock

Anyone who shops at TJ Maxx or Marshalls knows the routine. You walk in without a list, dig through the racks, and leave with something you did not plan to buy. That treasure-hunt habit has powered The TJX Companies (TJX) for decades. So when the company’s flagship Marmaxx division posted its softest sales growth in

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Economy

Popular women’s retailer closes 38 stores worldwide

For generations of shoppers, stepping into a Victoria’s Secret or PINK store was a familiar part of the mall experience. The pink walls, distinctive branding, and signature Bombshell fragrance helped make the retailer one of the most recognizable names in lingerie and beauty. But the retail landscape has changed, and so has Victoria’s Secret. After

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Economy

One of retail’s once-hottest stocks just imploded 18% overnight

There was a time when you couldn’t walk through an airport, a grocery aisle, or a high-end gym without seeing the brand’s iconic logo. Lululemon Athletica Inc. (LULU) didn’t just sell activewear; it sold an aspirational uniform that seemed entirely immune to the laws of retail gravity. Lululemon once traded like a company that could

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Economy

Popular luxury travel company shuts down, cancels all trips

It is not an easy time to be in the travel booking industry; between the ease with which travelers can book their own trips online and a market in which many are watching their spending more carefully, the majority of travel agencies that have been able to find their market are in the luxury space

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Economy

Suze Orman names a major money waste for many Americans

Suze Orman, a financial personality worth roughly $75 million, just told The Wall Street Journal that she never eats at restaurants. Not because she cannot afford to. Because she thinks you should not either. The author and television host who has spent decades telling Americans how to handle their money, gave a recent interview to

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Economy

Dollar General CEO says its core customers are in distress

With more than 21,000 locations in 48 states, Dollar General is the largest retailer in the country in terms of physical presence. This makes it an excellent barometer for customer sentiment and circumstances. So when the budget retailer announced its second-quarter earnings in late August, analysts and investors were paying close attention. As expected, the

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Economy

Sam’s Club makes members an offer Costco won’t even consider

Sam’s Club and Costco are locked in one of retail’s most closely watched battles. Both warehouse clubs ask shoppers to pay an annual fee for access to lower prices on groceries, household products, gas, and a growing range of other goods and services.  Both companies have built fiercely loyal customer bases. And both are betting

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