Inflation and a growing preference among consumers to shop online to find the cheapest deals took a toll on brick-and-mortar retailers in 2024.

It's been a tough run for discount retailers, with many closing stores or filing for bankruptcy in recent years. Rising interest rates and persistent inflation have battered discount stores, some of ...

The signs of consumer stress also have become more pronounced as credit card delinquency reaches a 12-year high and the share ...

While a large yellow “CLOSING” sign is still hanging at the Big Lots store in the Statesboro Square Shopping Center, a ...

Jo-Ann Fabrics, a well-known fabric and craft store, is closing several locations in Idaho and Washington as part of a ...

Critics say that the Archdiocese of Santa Fe’s roster of “credibly accused” priests should be longer — by 59 names — but the ...

Joann Fabrics announced financial trouble is forcing them to close hundreds of locations nationwide, including nearly all of ...

When the stores will shut down and how many employees will be impacted remains to be seen. A motion the retailer filed ...

We fought hard to maximize compensation for the survivors and believe that this plan accomplishes that goal,” a lawyer said.

There were 57 healthcare bankruptcy filings studied in 2024, down from 79 in 2023, according to a report on Chapter 11 bankruptcy filings from healthcare restructuring advisory firm Gibbins Advisors.

Dollar Tree has acquired Party City's leases in East Hartford, Fairfield and Simsbury, while Five Below has acquired Party ...

Big Lots, the overstock retail chain that’s currently liquidating all of its stores in the United States, unveiled a list of ...