August 25, 2022
“Even as many people struggle to stretch their incomes amid high inflation, it turns out there’s money they already have they’re probably overlooking — unused gift cards. To that point, 47% of people currently have at least one unused gift card,… Continue Reading…
August 17, 2022
“…Buffett’s Berkshire Hathaway (BRKB) sold off a least a portion of its four worst performers this year: Verizon (VZ), Store Capital (STOR), General Motors (GM) and U.S. Bancorp (USB). That’s according to an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. Berkshire Hathaway retains a portion of the… Continue Reading…
December 31, 2021
“1. Plan ahead… 2. Compare costs… 3. Stock up on staples… 4. Pick wisely…” https://www.cnbc.com/2021/12/31/4-ways-to-lower-your-grocery-bill-as-food-prices-soar-.html For this article I skipped all the filler and just highlighted the main points. The most effective way to lower your food cost was not… Continue Reading…
August 2, 2021
“Foot Locker will buy two smaller shoe store chains for a total of about $1.1 billion in cash, the footwear retailer said on Monday as it looks to expand its business beyond malls and extend its reach in Asia. The company… Continue Reading…
April 6, 2021
“A new report from UBS’s retail analysts suggests that 80,000 stores will close in the U.S. over the next few years. “We estimate that 80,000 stores will close by 2026 in our base case,” the report found. The worst-case scenario… Continue Reading…
June 18, 2020
“AT&T Inc plans to cut more than 3,400 technician and clerical jobs across the country over the next few weeks, the wireless carrier told its main labor union, the Communications Workers of America, on Tuesday. The U.S. telecom and media… Continue Reading…
April 18, 2019
“This year, US retailers have announced that 5,994 stores will close. That number already exceeds last year’s total of 5,864 closure announcements, according to a recent report from Coresight Research. Bankruptcies in the retail sector are piling up and chains… Continue Reading…
April 6, 2019
‘After closing hundreds of locations in recent years, Sears plans to open three smaller stores in May in an attempt to reclaim shoppers by selling tools, appliances and other hard goods.” https://www.wsj.com/articles/sears-after-years-of-closures-is-opening-stores-again-11554379761 There seems to be some light at the… Continue Reading…
March 14, 2019
“”Gap, Victoria’s Secret, J.C. Penney, Tesla and Abercrombie & Fitch. What do these companies have in common? They’re all closing stores this year. Already, 4,810 store closures have been announced by retailers in 2019, according to Coresight Research. And it’s… Continue Reading…
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