While job cuts dominated headlines in the years following the post-pandemic spending boom, 2024 seemingly saw a slowdown in ...

Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal ...

The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of ...

The majority of the 700 Party City stores in North America are set to close by February 28, excluding the 29 franchisee ...

Party City, known for its party supplies and seasonal Halloween City popup stores, has filed for bankruptcy and is going out ...

Not rest and relaxation. But retail and restaurants.

In 2024, several chains and U.S. retailers filed for bankruptcy and closed their doors for good. Big Lots and Party City are ...

The boost in spending underscores that the economy is still growing at a healthy pace even with higher interest rates, a ...

In February, Macy’s announced plans to revamp and modernize its shopping environment -- a move which will result in the closure of 150 stores over the next two years. It is the second major ...

Turnover included CEOs at U.S. companies that have long dominated their industries — like Boeing, Nike and Starbucks. The ...

There are some signs of sluggishness in the job market, as hiring has weakened since early this year, but layoffs are also ... by such department stores as Macy’s and Kohl’s, had steady ...