The luxury department store chain Neiman Marcus filed for bankruptcy on Thursday, the second major retailer after J.Crew to seek reorganization this week as the […]
Dollar General is thriving. But workers say they pay the price.
In November 2018, Robert Woods was training a new employee at a Dollar General store in St. Louis when an armed robber entered and fired […]
What happens to Main Street when even the biggest retailers can’t pay rent?
From Gap to Staples to Burlington Stores, retailers large and small have stopped paying rent amid the coronavirus pandemic. With April and May rent already […]
Clorox ramps up production of wipes, disinfectants in fight against coronavirus
The numbers are staggering. One of America’s most well-known manufacturers of cleaning products, Clorox, produced 40 million more items in the first quarter of 2020 […]
Judge dismisses lawsuit over worker safety at Smithfield pork plant
A federal judge has dismissed a worker advocacy group’s lawsuit accusing Smithfield Foods Inc, the world’s largest pork processor, of failing to adequately protect employees […]
Latino small-business owners work to stay open during coronavirus pandemic
When the coronavirus hit, small-business owners were forced to navigate new territory and make difficult decisions — fully moving operations online, reducing staff or quickly […]
Wendy’s pulls burgers off menu in some locations due to meat shortage
The meat shortages across the nation have turned a famous 1980s catchphrase into an ominous question at some Wendy’s locations around the country. Where’s the […]
Investment advisory firms change tune on PPP loans
Some investment advisory firms are changing their tune on taking emergency funding meant for small businesses. The largely phone- and email-based based firms, which cater […]
Businesses manage expectations, safety while reopening amid coronavirus
Businesses in several states reopened their doors Monday, hopeful to bring back customers while managing expectations and safety during the coronavirus pandemic. Monday marked another […]
What does it mean when a store files for bankruptcy?
Preppy mass-market mall brand J.Crew filed for Chapter 11 bankruptcy protection on Monday, the first major retailer to file for bankruptcy as a result of […]
Tyson expects to keep slowing meat production as coronavirus sickens workers and tanks income
Major meat provider Tyson Foods reported a steep decline in income Monday, raising more fears about America’s food supply chain during the world’s fight against […]
NBC News Chairman Andy Lack to step down
NBC News Chairman Andy Lack will step down from his role and leave the company by the end of the month, NBCUniversal CEO Jeff Shell […]
J. Crew files for bankruptcy as retailer succumbs to COVID-19 fallout
J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list of brick-and-mortar […]
How coronavirus will change the way we fly
Higher ticket prices, temperature checks before boarding, and no inflight alcohol: Airline travel in the post-coronavirus era will look very different from the low-cost “getaway” […]
Roche wins U.S. nod for COVID-19 antibody test, aims to boost output
Roche has won emergency approval from the Food and Drug Administration (FDA) for an antibody test to determine whether people have ever been infected with […]