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The prominent financial institution is preparing to shut down dozens of branches across several states, including two locations in Connecticut. These closures, set for June 5, have sparked concern among affected communities and customers. In less than a month, TD Bank will follow through on its plan to close 38 branches nationwide, as confirmed by … Read more
Discount grocer Aldi has finalized the purchase of three former Big Lots locations, marking another key development in Big Lots’ post-bankruptcy restructuring. This acquisition comes less than a year after Big Lots filed for Chapter 11 in September 2024 and announced plans to shut down hundreds of stores. Big Lots first sold the leases of … Read more
Costco is taking a surprising route. While many supermarkets are vying for attention with coupons, flash sales, or free shipping, Costco has opted to stick with its long-standing tradition: mandatory membership. But what’s really changing, and why should you care? Let’s dive in. In 2023 alone, Costco collected around $4 billion from memberships. That revenue … Read more
The renowned retailer is set to close a number of its branches, leaving some communities without local Walmart supermarkets. This decision is already sparking questions among shoppers and employees alike. Walmart’s new wave of closures continues a trend that began three years ago, affecting regions such as California and Georgia. Although the company remains a … Read more
Rite Aid has once again filed for Chapter 11, making it the 14th company to do so for a second time since early 2024. This dramatic move could spur further closures and a swift sale of key assets. Rite Aid, which previously shuttered hundreds of branches, plans to close at least 47 more stores as … Read more
Walmart is unveiling a bold vision for its stores amid rising competition and shifting consumer habits. The retailer plans to incorporate cutting-edge technology, sustainable initiatives, and forward-thinking designs that could redefine how Americans shop. In the face of a so-called “retail apocalypse,” Walmart has announced plans to modernize hundreds of its locations in the coming … Read more
In a renewed attempt to stabilize finances, this family-owned eatery at Cherry Hill Mall seeks creditor protection once more. The Bistro at Cherry Hill, known for its U-shaped counter in the Macy’s wing of Cherry Hill Mall, is once again navigating the complexities of Chapter 11 bankruptcy. This marks the second time in eight years … Read more
Thanks to a recent policy update, Amazon and Walmart shoppers can receive a full refund for certain products without having to ship them back. Although it might seem like an act of goodwill, it is also a strategic move to minimize costs and encourage loyalty among their customer base. Many buyers first learned about this … Read more
The liquidation sale has already begun, and a glimmer of hope for a last-minute bailout seems unlikely. Hudson’s Bay Company, once a dominant force that governed parts of what is now Canada, is on the brink of closing its doors for good. With just six stores left, a judge has granted the legendary enterprise until … Read more
“Prices must reflect rising costs,” says CEO Doug McMillon. Many Americans have noticed a shift in their shopping habits, and Walmart’s recent announcement may offer some clues. The retail giant, one of the first major U.S. chains to reveal first-quarter earnings, announced a decline in profits. Consequently, it plans to raise prices to cope with … Read more
Rite Aid has announced it is laying off 595 workers who report to its Philadelphia headquarters, as the company files for bankruptcy for the second time in 17 months. The drugstore chain revealed its decision in a Worker Adjustment and Retraining Notification (WARN) to Pennsylvania officials, intensifying concerns for employees and their families. The layoffs … Read more
The Department of Government Efficiency (DOGE), led by Elon Musk, has just announced the deactivation of more than 470,000 federal credit cards in an effort to curb public spending and prevent fraudulent activity. The move comes as part of a large-scale audit covering more than 30 federal agencies. Federal employees and other cardholders linked to … Read more
There is a way to avoid this charge, but it requires spending more than $35. The sudden return of this fee has left many Americans puzzled about Walmart’s motives and how it might affect their grocery budget. Walmart recently confirmed that a $6.99 basket fee now applies to any order falling below the $35 mark. … Read more
The popular retailers are forecasting an unsettling future for the industry. The world of retail seems to be in constant motion, never staying calm for long. Just five years ago, many of America’s largest stores identified forced lockdowns and covid as their biggest threats. Who would have expected that today they’d be pointing to tariffs … Read more
The crisis unleashed by the rising cost of eggs in the United States has made many shoppers rethink their grocery budgets. With an average of around USD 5.60 per dozen, this jump in prices is linked to factors like bird flu and soaring demand. Some retailers have responded by raising their egg prices, prompting a … Read more
A new wave of closures raises concerns among residents and local businesses. Walmart has confirmed the permanent shutdown of five stores in California, targeting locations in San Diego, El Cajon, West Covina, Fremont, and Granite Bay. This move comes amid ongoing inflationary pressures across the country, as well as tariff policies that have influenced corporate … Read more
f you had a Wells Fargo-serviced mortgage placed in forbearance during the early days of the COVID-19 pandemic, you might want to watch your mail. Settlement checks are on the way, and many recipients are finding them in plain envelopes. In 2020, countless homeowners faced economic hardships and turned to forbearance as a way to … Read more
Six Flags Entertainment Corporation has announced the permanent closure of its Bowie, Maryland park, home to one of the oldest roller coasters in the company’s lineup. The final day for thrill-seekers is set for November 2, 2025, marking the end of a cherished local landmark. The soon-to-be-shuttered Six Flags America and Hurricane Harbor in Bowie … Read more
The federal government is reviving aggressive collection efforts on student loans that have languished in default for nearly five years, potentially creating a significant financial burden for millions of Americans. Borrowers could see their wages, tax refunds, or even Social Security payments reduced sooner than expected. The Trump administration confirmed on Monday that it will … Read more
Millions of American drivers are on alert after Ford confirmed a large-scale recall that impacts popular models produced in Louisville and beyond. Ford Motor Co. has issued recalls for more than 200,000 vehicles, citing serious issues with brake fluid leaks and malfunctioning rearview cameras. These concerns extend to iconic models like the Ford Expedition, Super … Read more