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140-year-old mall retail giant only has 5 locations left

140-year-old mall retail giant only has 5 locations left

Imagine a world where Walmart only has five stores left.It’s unthinkable because the company has dominated retail for so long, and it survived the pivot from pure brick-and-mortar operations to an omnichannel retailer.Even if it

Politics
Costco makes big payment changes

Costco makes big payment changes

Although some people might complain about having to pay a membership fee, Costco has one of the most loyal customer bases in retail. The company reported that its U.S. and Canada membership renewal rate reached 92.2%,

Politics
Sportswear giant continues store closures nationwide

Sportswear giant continues store closures nationwide

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

Politics
Popular menswear retailer plans Wall Street return six years after bankruptcy

Popular menswear retailer plans Wall Street return six years after bankruptcy

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

Politics
AMC just silenced the doubters with one quarter

AMC just silenced the doubters with one quarter

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

Politics
Costco expands pharmacy, prescription services for members

Costco expands pharmacy, prescription services for members

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

Politics
Another beloved beer brand files for Chapter 11 bankruptcy

Another beloved beer brand files for Chapter 11 bankruptcy

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

Politics
Apple just raised prices again and the big one is still coming

Apple just raised prices again and the big one is still coming

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

Politics
Taco Bell supplier pulls lettuce after parasite outbreak

Taco Bell supplier pulls lettuce after parasite outbreak

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

Politics
Target customers lose a big perk in August

Target customers lose a big perk in August

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