Big Lots files for bankruptcy, announces sale to investment firm
Big Lots previously expressed "substantial doubt" about its ability to continue operating.
LL Flooring, hardware store once known as Lumber Liquidators, to close all 400 stores in bankruptcy proceeding
The hardware company filed for bankruptcy last month but has failed to find a buyer.
Red Lobster may exit bankruptcy protection soon
Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.
Big Lots weighing possibility of bankruptcy filing as sales dwindle
The discount retailer has faced declining sales.
Grocery chain joins Walmart, CVS, others in ending cigarettes sales
CVS, Target and Walmart have already removed tobacco products from stores and online.
Maryland city will pay you $20,000 to move there
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
Kroger-Albertsons merger trial: What to know about the proposed plan, possible impact on grocery prices
Albertsons and Kroger proposed a $24.6 billion merger in 2022, with the Federal Trade Commission suing to prevent the deal claiming that it would stop competition among retailers and increase grocery prices.
Labor Day 2024: When is it and why do we celebrate?
Here’s what to know about the federal holiday, and some tips for celebrating.
Here's how much money you need to feel 'rich' in 2024
Fewer than one in five Americans surveyed said they are currently on top of their finances.
Canada rail strike to end after government forces arbitration
A Canadian railroad strike will apparently be short-lived: the government has ordered the country's two major railroads to enter arbitration and get trains rolling again.
Walmart and Target are cutting prices to entice customers
Major retailer like Target and Walmart have been issuing price cuts for droves of items throughout the summer to stimulate sales. Here's how they are doing.
Who is Mike Lynch, the British tech entrepreneur missing after yacht sank?
Mike Lynch, once considered the "British Bill Gates," is missing after the sinking of a superyacht off the coast of Italy on Monday.
Wally Amos, Famous Amos cookie creator, dies at 88: Reports
Wally Amos, a talent agent turned cookie master who transformed a single Los Angeles bakery into a national brand, has died. He was 88 years old.
Legendary beauty products seller Avon files for bankruptcy
Avon filed for bankruptcy to address its debts and legal liabilities from talc-based product lawsuits.
Paramount begins laying off 15% of work force, hundreds expected to be cut
Paramount has begun laying off a significant portion of its workforce, with hundreds of employees expected to be cut in the coming weeks.
Poll: Most Americans don't care to hear companies' opinions on current events
A recent poll finds that the public stances companies take on current events is not favored among most people, which could impact the bottom line of businesses.
Mortgage payments soar for prospective homeowners in swing states: Realtor.com
Buyers in swing states have seen mortgage payments practically double in the last four years due to rising home prices and mortgage rates.
2025 Social Security COLA increase: What we know
Social Security recipients are expected to see an increase in their monthly benefits next year and here’s what you need to know.
Community supports iconic SF ice cream shop burglarized
Loyal customers of San Francisco's iconic ice cream shop, Mitchell's, came out for a scoop and to show support on Sunday after the store was burglarized ahead of the weekend.
The history of Costco: How one wholesale club became a blueprint for success
Costco, known for bulk bargains and giant rotisserie chickens, has enjoyed unprecedented success since it began. Here's their story.