The world’s largest sportswear company has accelerated a wave of store closures across the U.S., shutting down roughly a dozen locations in a single month as it works to reshape its retail footprint. The move comes at a time when competition across the athletic apparel industry is intensifying. Established rivals and fast-growing activewear brands have […]Read More
Tailored Brands, the owner of Men’s Wearhouse, is preparing to return to public markets six years after bankruptcy, but its pitch to investors goes beyond a simple stock listing. The menswear retailer is also making an aggressive bet on physical stores. Tailored Brands, which also owns Jos. A. Bank, Moores, and K&G Fashion Superstore, sees […]Read More
Wall Street has a short memory for companies it has already written off. Once a stock gets labeled a lost cause, the label tends to outlive the facts, because updating a story takes more effort than repeating one. Movie theaters have worn that label since 2020. The industry lost most of its audience during the […]Read More
I’ve been a Costco member for about 20 years. And when I first signed up, my warehouse trips were pretty predictable. I’d stock up on bulk groceries, grab a few household essentials, and somehow leave with far more snacks than I ever intended to buy. Over time, though, Costco became much more than a place […]Read More
Manufacturing a high-quality beer doesn’t always guarantee success in the craft brewery business. Award-winning craft beer maker Coldwater Mountain Brewpub LLC filed for Chapter 11 bankruptcy to restructure its debts and reorganize its business after over four years of operating. The debtor did not give a reason for filing for bankruptcy n its petition. The […]Read More
Apple isn’t just counting on customers to keep buying iPhones. It also expects them to keep paying every month long after they’ve bought one. While Apple built its reputation selling cutting-edge devices, its fastest-growing profit engine has become Services, the business that keeps generating revenue after customers leave the store. Despite its name, Apple’s Services […]Read More
A parasite that causes prolonged bouts of watery diarrhea has been spreading across parts of the Midwest, sickening more than 1,600 people and sending dozens to hospitals. In the most recent update from the U.S. Food and Drug Administration (FDA), the illnesses have now been linked to shredded iceberg lettuce served at Taco Bell restaurants. […]Read More
When I was in college, Target used to be my go-to destination for clothes, throw pillows, and other random stuff I couldn’t really afford but bought anyway. And it wasn’t just me. The old joke used to go that you’d walk into Target for milk and paper towels and leave with a $100 credit card […]Read More
Think about the last time you did a grocery run and came out surprised at the total. Maybe you didn’t buy anything unusual. Just the usual things, the stuff you always get. And the receipt still felt off. That’s not a personal finance problem. It’s a math problem, and a new report suggests a lot […]Read More
PepsiCo’s top executive did not sugarcoat things on the company’s latest earnings call. Chairman and CEO Ramon Laguarta told analysts that the war in Iran has pushed gas prices higher, and that is changing how Americans shop. The comments came during Pepsi’s (PEP) second quarter 2026 earnings call on July 9. The world’s second-largest food […]Read More