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

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

Those shifts changed the buying and eating landscape in 2024. As of Dec. 20, Coresight Research tracked 48 retail ...

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

The company began warning in June that layoffs in the U.S. and a new owner were a possibility and that more funds were needed even as the start of serial production of its Class 8 tractor approached.

Big Lots is laying off 555 corporate workers including its CEO following the collapse of its deal to be acquired out of bankruptcy. The Columbus-based discounter reported to the state that the ...

Idorsia’s plans to sell its hypertension drug Tryvio have faced a speed bump, even as the biotech plows ahead with around 250 layoffs. Last month, the company said it had secured a $35 million ...

Germany -- Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030.

VW's proposed plant closures, wage cuts and layoffs had already led to thousands of workers across the country going on strike twice in the past month. The union had threatened further walkouts in ...

Frito-Lay has issued a voluntary recall of 13-oz bags of Lay’s Classic Potato Chips that were distributed in Oregon and Washington. The company was alerted by a consumer that the chips ...

Recent layoffs across Michigan's automotive industry contributed to the state's unemployment rate rising to 4.8% in November, according to data released Thursday by the Michigan Department of ...

Macy's plans to close more stores than announced earlier this year could affect California shoppers. According to the company's third-quarter earnings report, the department store chain plans to ...