Earlier this year, the discount retail chain Big Lots filed for bankruptcy, announcing it would be closing hundreds of stores nationwide. Today, that store closure count climbs higher. The company now plans to close nearly 50 additional stores in 25 states.…
Explore the chain restaurants comeback as 13 beloved brands rebuild after bankruptcy through restructuring, rebranding, and refreshed menus.
The disparity between CEO compensation and the average worker’s pay is a hot-button issue in today’s corporate world. In some companies, the gap is so vast that it raises questions about equity and fairness. Often, these CEOs make hundreds—sometimes even thousands—of times…
U.S. labor history stretches back to 1768 when New York tailors protested a cut in wages; the first union formed in 1794 among shoemakers in Philadelphia. As times changed, work stoppages in larger industries grew, sometimes pitting strikers against law…
Chuck E. Cheese — the nostalgic family entertainment chain known for its pizza, arcade games, animatronic band (RIP), and prizes — is trying to win us back. Launching a nationwide subscription program, the company hopes to target families with inflation…
Inflation is on everyone’s mind, and it’s going to play a big role in the upcoming presidential election as everyone feels the pain at the grocery store, in rent increases, and utility bills. How will inflation shake out depending on…
Who knows how and why things become trendy again, but certain brands seem to last forever. Sometimes those brands take a journey nobody saw coming, and wind up far trendier…
Despite the immense potential billionaires have to make positive changes to the world, many choose to spend their fortunes on wildly extravagant and frivolous pursuits. Though some of the world’s…
Many of the world’s most well-known companies have gone downhill after being acquired. This is often due to cultural clashes, business misalignments, or poor management by the new owners. These…
Sometimes, the best things happen when you least expect them. While one might think that behind the things that we use every day, there were months, or even years of…
Unbeknownst to many consumers, quite a few popular brands used in everyday life started as specialty suppliers for professional industries. These brands crafted their products with high-quality materials and robust…
The path to bringing your small business dreams into reality requires proper planning every step of the way. If it were easy to start a business without a strategy, everyone…
Conscious consumers are increasingly prioritizing American-made products. Whether they want to pour back into the local economy, ensure a certain level of quality, or show pride in their country, purchasing…
Not long ago, the slow-motion decay of Sears and Kmart would have been unthinkable. But the chains have been shuttering stores for years. Michael Lisicky, a retail historian, has been…
Life loves to throw curveballs. Sometimes those unexpected twists and turns can end up being life-defining, career-ruining, business-crushing moments that require hitting the reset button. We’ll take a closer look…
“Made in China” has veered away from being a three-word label on the bottom of products and is now the epicenter of hot topic discussion regarding trade and consumerism in…
Costco superfans on the r/Costco Reddit forum are loyal to the warehouse club giant, but they also hold no punches if they feel like they’re getting ripped off. In one…
There are unfortunately some truly maniacal bosses out there that will not only even consider giving employees entirely justifiable and well-earned bonuses, but there are some bosses that will seemingly…