Why the retail industry is facing a bankruptcy wave:

Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California. Justin Sullivan |: Getty Images: The retail industry is up against a potential wave of bankruptcies following a monthslong slowdown in restructuring activity. There could be an increase in distressed retailers beginning later this year, experts say, as ballooning … Read more

Why the retail industry is facing a bankruptcy wave:

Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California. Justin Sullivan |: Getty Images: The retail industry is up against a potential wave of bankruptcies following a monthslong slowdown in restructuring activity. There could be an increase in distressed retailers beginning later this year, experts say, as ballooning … Read more

Inflation and recession fears are squeezing some industries more than others:

A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson |: AFP |: Getty Images: People still appear willing to shell out to travel, go to the movies and have a drink … Read more

Inflation and recession fears are squeezing some industries more than others:

A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson |: AFP |: Getty Images: People still appear willing to shell out to travel, go to the movies and have a drink … Read more

Walmart strategy to launch apparel, home brands is being put to the test:

Scoop is one of Walmart’s exclusive fashion brands. It also has struck deals with national brands like BCBG Paris. Melissa Repko |: CNBC: SPRINGDALE, Arkansas – Dressed-up mannequins. Eye-catching displays of sleek furniture and colorful swimsuits. And store signs that promote exclusive brands and nationally recognized ones. Walmart’s redesigned SuperCenter, located just 16 miles from … Read more

Why Franchise Group wants to buy Kohl’s and what could happen next:

Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker |: Bloomberg |: Getty Images: A little-known conglomerate of companies including The Vitamin Shoppe, Pet Supplies Plus and a home furnishing chain called Buddy’s is suddenly the talk of the retail industry. Franchise Group, a publicly traded business with a market capitalization of about $ … Read more

Why Franchise Group wants to buy Kohl’s and what could happen next:

Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker |: Bloomberg |: Getty Images: A little-known conglomerate of companies including The Vitamin Shoppe, Pet Supplies Plus and a home furnishing chain called Buddy’s is suddenly the talk of the retail industry. Franchise Group, a publicly traded business with a market capitalization of about $ … Read more

Walmart bets its stores will give it an edge in Amazon e-commerce duel:

BENTONVILLE, Arkansas – Walmart’s cavernous stores are known for aisles of low-priced groceries, paper towels and apparel. Now, those big boxes are hubs for its e-commerce business, serving as launch pads for delivery drones, automated warehouses for online grocery orders and departure locations for direct-to-fridge drop-offs. Eventually, they will help pack and ship goods for … Read more

Walmart bets its stores will give it an edge in Amazon e-commerce duel:

BENTONVILLE, Arkansas – Walmart’s cavernous stores are known for aisles of low-priced groceries, paper towels and apparel. Now, those big boxes are hubs for its e-commerce business, serving as launch pads for delivery drones, automated warehouses for online grocery orders and departure locations for direct-to-fridge drop-offs. Eventually, they will help pack and ship goods for … Read more

US job market divide boosts some workers’ prospects, puts others on notice:

A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt |: Getty Images: Cracks are forming in the US labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more … Read more