Aldi to hire 13,000 holiday workers, raising minimum wages up to $23 an hour
Aldi is hiring thousands of workers for the upcoming holiday season and for the opening of new stores in the U.S., while also increasing its minimum wages to $18 and $23 an hour.
Aldi is hiring thousands of workers for the upcoming holiday season and for the opening of new stores in the U.S., while also increasing its minimum wages to $18 and $23 an hour.
Another restaurant chain files for Chapter 11 bankruptcy
BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.
BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.
Big Lots files for bankruptcy, announces sale to investment firm
Big Lots previously expressed "substantial doubt" about its ability to continue operating.
Big Lots previously expressed "substantial doubt" about its ability to continue operating.
Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile orders
To recapture what once made it special — and turn around sagging sales — Starbucks is turning to Brian Niccol, an experienced marketer who previously led Taco Bell and Chipotle.
To recapture what once made it special — and turn around sagging sales — Starbucks is turning to Brian Niccol, an experienced marketer who previously led Taco Bell and Chipotle.
LL Flooring, hardware store once known as Lumber Liquidators, to close all 400 stores in bankruptcy proceeding
The hardware company filed for bankruptcy last month but has failed to find a buyer.
The hardware company filed for bankruptcy last month but has failed to find a buyer.
Red Lobster may exit bankruptcy protection soon
Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.
Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.
Verizon to buy Frontier in $20B deal
Verizon is acquiring Frontier Communications in the massive deal to boost its network, while helping its efforts in artificial intelligence.
Verizon is acquiring Frontier Communications in the massive deal to boost its network, while helping its efforts in artificial intelligence.
Nordstrom family could take company private
Members of the Nordstrom family with the help of a Mexican retail group are offering to take the century-old department store private for $3.76 billion, months after first expressing interest in a buyout.
Members of the Nordstrom family with the help of a Mexican retail group are offering to take the century-old department store private for $3.76 billion, months after first expressing interest in a buyout.
The Nordstrom family teams up with a Mexican retail group to bid for its namesake retailer
Members of the Nordstrom family are teaming up with a Mexican retail group and are offering to take the department store retailer private at $23 per share cash, months after first expressing interest in a buyout.
Members of the Nordstrom family are teaming up with a Mexican retail group and are offering to take the department store retailer private at $23 per share cash, months after first expressing interest in a buyout.
Kroger's CEO says shoppers would see lower prices after the chain's merger with Albertsons
The chief executive officer of Kroger has insisted that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.
The chief executive officer of Kroger has insisted that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.
Activist investor controls enough of Southwest Airlines to call for special shareholder meeting
Elliott Investment Management has been pushing for big changes at the Dallas based airline, including dumping its CEO and chairman. Now, it looks like they're making good on their promise.
Elliott Investment Management has been pushing for big changes at the Dallas based airline, including dumping its CEO and chairman. Now, it looks like they're making good on their promise.
Big Lots weighing possibility of bankruptcy filing as sales dwindle
The discount retailer has faced declining sales.
The discount retailer has faced declining sales.
Tools and Tiaras' teaching trade skills to girls
Tools and Tiaras is a nonprofit on a mission to change the stigma about working in skilled trades, especially when it comes to girls.
Tools and Tiaras is a nonprofit on a mission to change the stigma about working in skilled trades, especially when it comes to girls.
Grocery chain joins Walmart, CVS, others in ending cigarettes sales
CVS, Target and Walmart have already removed tobacco products from stores and online.
CVS, Target and Walmart have already removed tobacco products from stores and online.
Maryland city will pay you $20,000 to move there
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
Survey reveals Americans' 2 biggest financial regrets
Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.
Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.
Ex-Peloton billionaire CEO John Foley says he's lost all his money
Former Peloton CEO and co-founder John Foley said in a new interview that his fortune dried up. “I’m an open book… I’ve had to sell almost everything in my life."
Former Peloton CEO and co-founder John Foley said in a new interview that his fortune dried up. “I’m an open book… I’ve had to sell almost everything in my life."
The US added 818,000 fewer jobs this year than originally estimated
Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.
Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.
Kroger-Albertsons merger trial: What to know about the proposed plan, possible impact on grocery prices
Albertsons and Kroger proposed a $24.6 billion merger in 2022, with the Federal Trade Commission suing to prevent the deal claiming that it would stop competition among retailers and increase grocery prices.
Albertsons and Kroger proposed a $24.6 billion merger in 2022, with the Federal Trade Commission suing to prevent the deal claiming that it would stop competition among retailers and increase grocery prices.
Labor Day 2024: When is it and why do we celebrate?
Here’s what to know about the federal holiday, and some tips for celebrating.
Here’s what to know about the federal holiday, and some tips for celebrating.