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Mexican restaurant chain closes all locations in major market

Mexican restaurant chain closes all locations in major market

Another Mexican restaurant chain is pulling out of a major U.S. market, reversing an expansion that began just over a year ago. The exit comes after the chain introduced a new restaurant format in the

Politics
Mattress chain files Chapter 11 bankruptcy after 24 years

Mattress chain files Chapter 11 bankruptcy after 24 years

My wife and I bought our mattress roughly five houses and 13,000 miles ago. It’s a “Bob-O-Pedic” purchased from Bob’s Discount Furniture in Newington, Conn., that we brought with us to West Palm Beach, Fla.,

Politics
Chick-fil-A closes final experimental restaurant

Chick-fil-A closes final experimental restaurant

Chick-fil-A is closing the last remaining restaurant of its kind as it continues to refine its strategy for rapid expansion. The concept was designed to give customers something beyond the chain’s traditional menu, while allowing

Politics
Ross Stores customers will soon feel a notable change in stores

Ross Stores customers will soon feel a notable change in stores

Ross Stores, which also operates dd’s Discounts, is planning a bold in-store change as it benefits from heightened consumer demand.  The off-price retailer saw its comparable store sales increase by 10% year over year in

Politics
Abercrombie’s stock exploded, but 1 number changes the story

Abercrombie’s stock exploded, but 1 number changes the story

Prices are something all American households still complain about. However, that does not mean they aren’t going out to purchase clothes. Abercrombie & Fitch (ANF) reported record second-quarter net sales of $1.27 billion, about 5%

Politics
Spectrum owner acquires 64-year-old rival as customers depart

Spectrum owner acquires 64-year-old rival as customers depart

Charter Communications, which operates Spectrum, has completed a billion-dollar acquisition of one of its top rivals as it looks to improve customer retention.  Spectrum’s cable and broadband businesses have faced significant customer losses for years,

Politics
Popular movie theater chain closes another location after 25 years

Popular movie theater chain closes another location after 25 years

For moviegoers, some theaters become more than places to watch the latest blockbuster. They become part of the neighborhood, familiar landmarks where generations of movie fans have spent countless hours making memories with family and

Politics
Walmart sales miss hides bigger shift in business

Walmart sales miss hides bigger shift in business

Walmart shoppers are increasingly treating the world’s largest retailer like an e-commerce company, and that is beginning to change the numbers that matter most to investors. In its recent second-quarter earnings, the retail giant Walmart’s

Politics
Walmart stock price target reset by JPMorgan after earnings

Walmart stock price target reset by JPMorgan after earnings

Walmart just handed Wall Street a mixed bag.  Despite rising revenue and profits, shares of the big-box retailer fell more than 9%, following its recent quarterly results.  Soon after, JPMorgan adjusted its stock price target

Politics
Another travel company shuts down and cancels all trips, refunds available

Another travel company shuts down and cancels all trips, refunds available

With estimates showing that there are up to 16,000 travel agencies and companies selling some form of organized travel operating in the United Kingdom, some will withstand the current market while a large number will