Champagne sales down worldwide in 2024, industry executives cite lack of 'cheer'
One executive claims a lack of "cheer" worldwide caused bubbly sales to go flat in the first half of 2024, according to an earnings call this week.
Albertsons and Kroger agree to pause merger amid legal, regulatory challenges
Kroger and Albertsons on Thursday agreed to temporarily pause their proposed $25 billion merger while regulators pursue legal challenges in an effort to block the deal.
Profit falls despite higher revenue at Southwest and American airlines
Southwest Airlines made an announcement about its new seating policy on the same day that both it and American Airlines reported a steep drop in second-quarter profit despite higher revenue.
Conn's HomePlus closures: 9 stores closing in Texas
The chain is closing more than 70 stores across the country, including these 9 in Texas.
Americans are falling behind on their car payments, data shows
Recent data from auto experts shows that Americans are struggling with car payments, with the number of defaults industrywide up in the first half of 2024.
Street closed by Fort Worth hotel explosion to reopen soon
The closure of 8th Street has created some challenges for small business owners since the explosion in January.
Elon Musk says he’s moving SpaceX, X headquarters from California
Tech billionaire Elon Musk announced that he is moving the headquarters of SpaceX and social media company X from California after the state banned school districts from requiring staff to inform parents about their children's gender identity change.
US corporate bankruptcy filings surge – here are the business types that led
The number of U.S. corporate bankruptcy filings so far in 2024 is “higher than any comparable figure in the prior 13 years," according to data from S&P Global Market Intelligence.
Kroger and Albertsons to sell these 28 grocery stores in Texas under merger
28 Tom Thumb, Albertsons, Market Street, and Randalls locations in Texas would be sold if the deal goes through. Here's the list.
MOD Pizza announces new owner amid financial woes
The fast-casual pizza chain has new ownership and a plan to improve its business.
More than 1 in 3 US households have financial insecurity, survey says
The number of American households that are feeling the strain when it comes to paying for necessities such as food and bills, saw a 6.7% increase in 2024 compared to the same period in 2022.
US home prices hit another all-time high
The median U.S. home sale price soared to $397,954 in June, which was a nearly 5% increase from the year prior, Redfin data shows.
Big Lots to close up to 40 stores amid "substantial doubt"
Big Lots plans to close up to 40 stores in 2024 due to financial struggles from inflation and decreased consumer spending, raising doubts about its future operations.
Target announces back-to-school and college savings deals
Target has announced several back-to-school deals. Here’s what’s included.
US store openings currently outpace closures by 20%, report says
Several notable stores have opened new locations amid some others closing their doors. See which stores are coming to or leaving your area in 2024.
Job scams surged 118% in 2023 due to AI, watchdog group warns
People who are suspicious of a possible scam should confirm the source of the request for personal information.
Target no longer accepting personal checks beginning next week
Target is making a change that could affect some at the checkout experience.
Sam's Club is changing a key member perk beginning in August
Sam's Club is changing a key perk for Plus members, and some are letting the wholesale giant know that they aren’t happy about it.
California family's $444 receipt from Trader Joe's goes viral on social media: 'Insane'
The $444 grocery haul feeds a family of 8 for around 10 days, the video claims.
U.S. unemployment rate rises to 4.1% with 206,000 jobs added in June
U.S. employers added 206,000 jobs in June, exceeding expectations, with the unemployment rate rising to 4.1%, while April and May job data was revised down, average hourly earnings increased by 3.9%, and hiring was strong in government, social assistance, and health care, influencing potential Federal Reserve rate cuts.