Saks Fifth Avenue's parent company to buy rival Neiman Marcus

Both Saks and Neiman Marcus have seen declining sales as shoppers shift their spending from luxury goods to experiences like travel and upscale restaurants.

Federal judge partially blocks FTC noncompete ban: Reports

A federal judge in Texas partially blocked a ban issued by the U.S. Federal Trade Commission that would bar employees from taking jobs with competitors, according to multiple reports. ⁠⁠⁠⁠⁠⁠⁠

CDK cyberattack still affecting car dealerships across the country

Car dealerships across the country have reverted to pens and paper amid a massive cyberattack on its software provider, CDK.

Walgreens planning to close significant number of US stores, CEO says

Walgreens is planning to close a significant share of U.S. stores, CEO Tim Wentworth of parent company Walgreens Boots Alliance told the Wall Street Journal.

Fathers earned 31% more in annual wages than mothers in 2023, study finds

A recent study shows that in 2023, fathers earned 31% more than mothers, underscoring the persistent "motherhood penalty" in the workforce.

Hooters is closing several 'underperforming' US locations

Hooters is closing several "underperforming" restaurants across the U.S., joining a growing list of dining chains facing tough times.

Limited Too, early 2000s mall favorite of preteens, teases a comeback

Limited Too, a tween clothing retailer known for its bright, funky style, has reemerged on social media with an announcement of a comeback.

Major retailers closing doors amid inflation, lower consumer demand

Major retail chains are being forced to close thousands of brick-and-mortar stores across the U.S., with a number of reasons cited for the shutdowns.

Rite Aid to close over two dozen stores amid bankruptcy proceedings

Rite Aid filed a “notice of additional closing stores" identifying 27 locations in Michigan and Ohio that it has added to the chopping block.

Iconic American companies that aren't in America anymore

Tupperware announced this month that it's shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico -- the latest iconic brand to relocate its manufacturing plants or headquarters.

Forecasters project active hurricane season as homeowners remain unprepared for damages

Homeowners are also willing to spend more than $1,000 to prepare their homes against hurricanes, but a majority have no plan ahead of this year's hurricane season, according to a recent survey.