Economy

Economy
Economy

GameStop store closures could benefit Target

GameStop has focused on cost-savings and expanding the bottom line in recent years. Store by store, market by market, CEO Ryan Cohen has trimmed the video game chain down to a leaner, cash-rich version of what it used to be. Most headlines about GameStop (GME) over the past 12 months have focused on its bitcoin

Read More
Economy

Prominent seafood chain continues closing restaurants after bankruptcy

After bankruptcy, ongoing restaurant closures, a sweeping restructuring, and years of financial pressure, a once-iconic seafood chain continues to shutter locations as it works to stabilize its business. The changes come as the company attempts to rebuild after a turbulent period that pushed the nearly 60-year-old restaurant chain into bankruptcy and led it to close more

Read More
Economy

Grocery chain closes its only store in town, leaving locals behind

An independent grocery chain is preparing to close its only location in one community after 17 years, leaving residents without a nearby full-service grocery store or pharmacy. The move comes as grocery retailers continue to face intense competition from large supermarket chains and discount retailers, putting pressure on smaller operators to maintain profitable store networks.

Read More
Economy

Dollar General quietly builds an entirely new way to serve customers

With more than 21,000 locations spread out across 48 states, Dollar General has the largest physical footprint of any retailer in the country. The discount retailer’s size is undoubtedly a strength — approximately 75% of the population lives within 5 miles of a location, making it incredibly accessible — but it also creates a challenge.

Read More
Economy

Kroger and Albertsons make key moves to take on Amazon, Walmart

Regional supermarket chains used to dominate grocery sales because they were close to where customers lived. When I first got my own apartment on Long Island, back in the late 1990s, I shopped at the ShopRite that was on my way home from work. If I was home and needed groceries, I went to the

Read More
Economy

116-year-old retailer closes 14 stores as more closures loom

A major luxury retailer has closed more than a dozen stores this year and warns that additional closures could follow as it reshapes its global retail network. The company is taking a more selective approach to its physical footprint, focusing investment on its strongest-performing brands and markets while reassessing locations that are not delivering the

Read More
Economy

Shein rival confirms plans for major U.S. store expansion

Chinese e-commerce giants such as Shein and Temu have reshaped the retail landscape amid economic uncertainty, higher prices, and cautious consumer spending by offering shoppers a wide range of products at extremely low prices. Their growth has prompted established companies such as Amazon, Target, and Walmart to invest in strategies like third-party marketplaces, supply chain

Read More
Economy

Walmart teams up with popular coffee chain for home delivery

Grabbing a morning coffee and a gallon of milk used to mean two separate stops. Walmart just closed that gap. The retail giant is rolling out a new delivery partnership that puts a familiar coffee and donut brand right inside its shopping app.  For Walmart (WMT) stock investors, the move signals how far the company’s

Read More
Economy

Major changes coming to Target in September

Target has been trying its hardest to bring more shoppers to its stores. The company is in the throes of a turnaround plan to offer customers a better selection of products, more organized stores, and a generally improved shopping experience. And in that regard, there’s perhaps no better category to focus on than beauty. The

Read More
Economy

Women’s retailer closed 450 stores, heads to final liquidation

Blaming declining mall traffic for retail store failures ignores what’s actually happening. “Malls’ H1 2026 momentum continued going into the second half of the year, with year-over-year (YoY) visits to shopping centers up across all three formats analyzed (indoor, open-air, and outlet) in July 2026,” according to data from Placer.ai. Retailers like Claire’s, Joann, and

Read More