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Dollar stores are struggling to win over bargain hunters — here’s why

As shoppers look for value, dollar stores might seem to be logical destinations. But that penny-pinching mentality hasn’t been enough to lift sales for Dollar Tree and Dollar General. Shares of the deep discounters have plunged so far in 2024. The retailers have each cut their full-year forecasts because of weaker-than-expected sales. And both have […]

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Banks hit credit card users with higher rates in response to regulation that may never arrive

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A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City. Robert Nickelsberg | Getty Images Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most

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GM to sell stake in battery cell plant to joint venture partner for roughly billion

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

Business News

General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner

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Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales

Business News

Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly “different views” between the executive and the board

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‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era

Business News

Auliʻi Cravalho voices Moana in Disney Animation’s “Moana 2.” Disney The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney’s “Moana 2” hit theaters Wednesday and is expected to generate between $120 million and $150 million in

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College Football Playoff expansion boosts advertising, viewership at Disney

Business News

Donovan Edwards #7 of the Michigan Wolverines hurdles a tackle attempt by Michael Taaffe #16 of the Texas Longhorns during the first half of a college football game at Michigan Stadium on September 07, 2024 in Ann Arbor, Michigan. Aaron J. Thornton | Getty Images Sport | Getty Images The expanded College Football Playoff format

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As retailers enter the holiday shopping season, the winners are pulling away from the pack

Business News

Shoppers outside a Target store ahead of Black Friday, in Clifton, New Jersey, Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images As the holiday season heats up, retailers are getting a fresh opportunity to attract even the most selective shoppers and convince them to splurge on discretionary items like party outfits, makeup

As retailers enter the holiday shopping season, the winners are pulling away from the pack Read More »

Will the election boost Black Friday and holiday spending? It may depend on how you voted

Business News

BATTLE CREEK, MICHIGAN – DECEMBER 18: A hat tops off a Christmas tree at a “Merry Christmas” rally hosted by U.S. President Donald Trump at the Kellogg Arena on December 18, 2019 in Battle Creek, Michigan. The House of Representatives will vote later today to determine if Trump will become the third president in U.S.

Will the election boost Black Friday and holiday spending? It may depend on how you voted Read More »

Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes

Business News

A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday beat Wall Street’s quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying clothing, shoes and activewear at both the company’s namesake department

Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes Read More »

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Business News

Walmart Supercenter in Burbank onThursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The nation’s largest employer, which has about 1.6

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website Read More »

Dollar stores are struggling to win over bargain hunters — here’s why

Banks hit credit card users with higher rates in response to regulation that may never arrive

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales

‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era

College Football Playoff expansion boosts advertising, viewership at Disney

As retailers enter the holiday shopping season, the winners are pulling away from the pack

Will the election boost Black Friday and holiday spending? It may depend on how you voted

Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

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