Several mattress and bedding retailers are facing financial distress in 2026 after the industry finished 2025 with higher revenue. The U.S. bed and mattress stores sector navigated a period of steady growth, with revenue rising by 1.3% to $28.4 billion year over year in 2025, according to IbisWorld analysis. North Charleston, S.C.-based Mattress Warehouse of Charlotte Inc.,
Starbucks continues to reshape its corporate workforce as part of CEO Brian Niccol’s broader effort to simplify company operations, cut costs, and reorganize locations of certain support functions. The coffee giant has already eliminated hundreds of corporate roles this year, consolidated parts of its regional office network, and expanded its presence in Nashville as it
BJ’s Wholesale is planning a major change to its in-store offerings as it sees customer behavior shift. In the second quarter of this year, the warehouse club saw its comparable club sales (including gasoline) increase by 11.9% year over year, according to the latest earnings report. Its membership also grew to a record 8.5 million.
A familiar discount retail chain is preparing to close another location, adding to a growing list of stores that have disappeared from communities across North America. The latest shutdown is only days away, but the reason behind it goes beyond the usual challenges facing brick-and-mortar retailers. Founded in 1865 in London, England, The Salvation Army
Walmart shoppers are increasingly treating the world’s largest retailer like an e-commerce company, and that is beginning to change the numbers that matter most to investors. In its recent second-quarter earnings, the retail giant Walmart’s U.S. comparable sales rose just 2.6%, its slowest pace in six years and below Wall Street expectations. The miss sent
Just when it seemed like Target had turned the page on its controversies, a powerful new advocacy group is taking aim at the retailer. Target reported negative comps last year as it faced backlash after cutting back its diversity, equity, and inclusion policies. That decision was prompted by backlash against its pro-DEI policies. Somehow, Target
Verizon is once again raising its prices, this time impacting several discounted customer perks. The carrier raised eyebrows earlier this year when it increased the monthly price of its Netflix and HBO Max streaming bundle from $10 to $13 on May 6. A day later, it hiked the price of its Unlimited Ultimate wireless plan,
With the last 20 years doing more to change how people shop than the last 200, even some of the biggest names in fashion have struggled with profitability and old business models in a changing landscape. More than 100 years after it was established out of Seattle in 1920, outdoor clothing and recreation gear Eddie
Industry headwinds, including rising labor and food costs, increased rents, and declining foot traffic, have led several casual restaurant chains to close underperforming locations. Among the chains that have closed locations in recent months are Applebee’s, Ruby Tuesday, Red Robin, and Mimi’s Cafe. French-inspired, casual dining chain Mimi’s Cafe closed another location on Aug. 16,
Few companies have shaped modern culture quite like Coca-Cola (KO). Its clever advertising jingles introduced billions of thirsty drinkers to its sweet, fizzy beverages, helping to popularize the refreshment around the world. Coke even had a hand in shaping the image of Santa Claus — that jolly, red-suited figure we know around the world today.