Despite controlling only 6.5% of the US economy, private equity firms were responsible for 56% of large corporate bankruptcies in 2024—a startling disparity that suggests systemic risk. Beneath the glitzy promise of reviving faltering businesses is a pattern of aggressive financial engineering—leveraged buyouts, cost cutting, and asset stripping—which frequently destroys iconic American brands and ...
Starbucks Attempt At Replacing Baristas With Machines Backfires
Many believed automation was the future of fast, efficient service—even for your morning latte. Starbucks leaned into this idea hard, betting big on machines to replace baristas. But it didn’t pan out. Last month, CEO Brian Niccol admitted that the tech-first strategy failed, saying bluntly, “Equipment doesn’t solve the customer experience.” Despite cutting labor, Starbucks saw slower ...
The Kellogg’s Financial Crisis Deepens—Sales and Profits in Freefall
WK Kellogg Co., the North American cereal division spun off from Kellogg Co. in late 2023, is grappling with significant financial challenges. Despite efforts to modernize operations and revamp product lines, the company reported a 6.2% decline in first-quarter net sales for 2025, dropping to $663 million from $707 million the previous year. This downturn is attributed to an 8.6% decrease in sales ...
Trader Joe’s Cashes In on ‘Tariff Proof’ Strategy — Expands Nationwide
The slashing of jobs across four states has taken a toll, triggering a new wave of economic anxiety as over 110 companies close down. Trader Joe’s is charting the opposite course, expanding aggressively nationwide. While mass layoffs and bankruptcies grip legacy retailers, Trader Joe’s thrives, leveraging a “tariff-proof” strategy that shields it from the shocks upending the industry. This ...
Early Effects of Tariffs Reach U.S. Consumers
Americans consumers are beginning to feel the effects of recently imposed tariffs, with early price increases and potential shortages of goods reported across the retail sector. Although the full effect of these trade policies has yet to be realized, early indications are already showing up on store shelves — a harbinger of tougher days to come, especially for cost-conscious families. As ...
Target Declares Victory, CEO Says It “Solved Retail’s Biggest Problem”
Retail theft and inventory shrinkage have long plagued the retail industry, costing billions annually and squeezing profit margins. Target CEO Todd Vasos recently declared that Target has made significant progress in tackling this persistent challenge, marking a potential turning point for the sector. By implementing a multi-faceted strategy that includes store closures, enhanced security, and ...
Big Box Store Giant Buys Foot Locker For $2.4 Billion
Dick's Sporting Goods announced its acquisition of Foot Locker for $2.4 billion, offering $24 per share or stock options to Foot Locker shareholders. This deal marks a significant consolidation in the retail and sporting goods sectors, combining two leading U.S. brands. The transaction is expected to close in the second half of 2025 and represents a strategic milestone for Dick's to expand its ...
Kid Rock’s Nashville Bar Shuts Down To Avoid ICE Raid
Kid Rock’s Nashville bar made headlines, but it wasn't for the reason you might think an A-list bar would be. This popular bar shut down its kitchen operations over the weekend after widespread rumors of Immigration and Customs Enforcement (ICE) raids in downtown Nashville. This raid affected several bars and restaurants on Broadway, where fear of ICE presence led to significant staff ...
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