Economy

Economy
Economy

Another travel company shuts down and cancels all trips, refunds available

With estimates showing that there are up to 16,000 travel agencies and companies selling some form of organized travel operating in the United Kingdom, some will withstand the current market while a large number will struggle. Rising labor and operational costs, the ease with which people can now book their own travel online and lower consumer spending

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Economy

Clothing retailer returns to brick and mortar stores after 7 years

After its former owner collapsed under unsustainable debt and the brand lost its physical retail presence, a once-popular fashion brand is making an unexpected return to stores. The brand disappeared from the high street in 2019 after its then-owner entered administration, resulting in the closure of dozens of standalone stores and more than 100 department-store

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Economy

Iconic fast-food fried chicken chain closes over 300 restaurants

The fast-food fried chicken space has several contenders vying for the throne. Chick-fil-A has been a market leader, but Popeyes has competed with its once-viral chicken sandwich, while Raising Cane’s has grown quickly, fueled by its cult fanbase and simple menu. It’s an incredibly competitive space where it’s hard to differentiate your product. The chicken

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Economy

Comcast adds new service to internet plans as customers leave

Comcast has attached a new service to its Xfinity internet plans as it faces mounting customer losses. The company revealed in its most recent earnings report that it lost 167,000 U.S. broadband customers in the second quarter of this year. Also, its revenue in this segment dropped by 5.5% year over year. The exodus of

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Economy

DoorDash partners with iconic brands for back-to-school prep

Back-to-school season brings a lot of stress.  Between changing daily routines, coordinating new schedules, shopping for supply lists, and figuring out how to pay for it all, the return to school can be more demanding for parents than students.  In fact, one study by Life360 found that 68% of parents feel burdened by the sheer

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Economy

172-year-old luxury giant exits entire market

After years of expansion, one of the world’s most recognizable luxury brands is closing stores and exiting an entire market, as it takes a more selective approach to its retail footprint. The move comes as luxury companies rethink their store networks amid changing consumer behavior, economic uncertainty, and a greater emphasis on high-performing locations and

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Economy

Kroger has a customer problem that may be its own fault

Kroger CEO Gregory Foran has been open about the fact that many of his chain’s stores need work. “Our operating costs have been growing faster than our sales. That’s not sustainable. And frankly, it’s not acceptable. Taking costs out of this business is not optional. It’s the starting point for everything else we want to

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Economy

Target pledges price cuts as sales grow

For a while, shopping at Target was a pretty bleak experience. You’d walk the aisles looking for merchandise only to find half-empty shelves, disorganized inventory, and, worse yet, no one around to help. But Target has been on a mission to improve the customer experience. And the company is seeing signs that its turnaround strategy

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Economy

Walmart shoppers must consider one major shift coming to prices

If you’ve filled up a gas tank lately, bought groceries, or just paid attention to your monthly budget, you already know that consumers are stretched. The data are catching up to what people have been feeling for months. Walmart (WMT) reported fiscal Q2 2027 earnings on Aug. 20 that beat Wall Street’s revenue estimates. But

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Economy

Bill Gates pulls $818M from Berkshire to buy this giant

If there’s a habit I’ve picked up from watching markets, it’s that when everyone is looking at the loudest trade, I start wondering what’s happening in the quiet corners.  The biggest clues aren’t always found in a soaring stock that’s already overvalued or a famous analyst calling for a breakout. Sometimes they’re buried somewhere else

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