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Saturday, December 13, 2025

Did Trump Take Leqembi? White House Denies Claim

Key Takeaways • A Democratic lawmaker asked if...

Why Pete Hegseth Might Be Trump’s First Exit

Key Takeaways Michael Wolff predicts Pete Hegseth...

Is Trump’s Pressure Killing Fed Independence?

  Key takeaways • President Trump is pushing the...

Will Furniture Tariffs Shake Up Retail Stocks?

Key Takeaways President Trump launched a major investigation into imported furniture tariffs. Stocks of import-heavy retailers plunged after the announcement. Companies making furniture in...

Wealthier Americans Drive Retail and Restaurant Spending Amidst Rising Prices

Key Takeaways: - Strong gains in income, home equity, and the stock market have bolstered wealthier Americans' spending powers. - New Federal Reserve research attests to...

US Consumer Resilience Demonstrated by Rising Retail Sales

Key Takeaways: - US retail sales experienced a moderate increase last month. - This rise indicates sustained consumer resilience. - Economic experts highlight the importance of this...

Herb Kohl: The Visionary Behind Kohl’s Unprecedented Retail Expansion

Reported by New York Daily News, Herb Kohl, a prominent figure in the American retail sector, who played a significant role in expanding the...

Sears Closing 20 More Stores

Expect to see another 20 Sears and Kmart stores close as the parent company, Sears Holdings, plans to send several other stores to retail’s...

Amazon Disrupts the Fashion Industry with ‘Prime Wardrobe’

On Tuesday, Amazon announced Prime Wardrobe, which gives Amazon the potential to disrupt the fashion industry further. The new style platform, Prime Wardrobe, is similar...

Ann Taylor, Lane Bryant, and Loft Parent Company to Close Between 250 to 650 Stores

Ascena Retail Group, which owns several major retail stores including Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Maurice and Catherine stores, plans to...

Michael Kors to Close 100 to 125 Stores

While Bitcoin's valuation is surging and the tobacco business is thriving, retail giants are struggling to compete in this new era of business. Retailers are facing...

Payless ShoeSource Files for Bankruptcy

It is clear that business is dying for the retail industry. Fewer and fewer people are visiting balls and are considering shopping for clothes,...

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