The discount business Dollar Tree announced on Wednesday that it is selling Family Dollar for $1 billion to two private equity firms, a decade after it bought the discount chain for over $8 billion.
Read More Dollar Tree To Sell Family Dollar For $1B, 10 Years After $8B Purchase
Starbucks is set to lay off 1,000 corporate workers, in addition to cutting more than ten drinks from its menu.
Read More Starbucks To Lay Off 1,100 Corporate Workers, Cutting More Than 10 Drinks From Menu
Nike will launch a new women’s activewear brand in the U.S. this spring in partnership with Kim Kardashian-owned shapewear clothing company Skims.
Read More Nike to launch new women’s fitness brand with Kim Kardashian’s Skims
With CVS, Big Lots, and other businesses closing several locations across the U.S. this year, the number of store closures is up by 69%, increasing tremendously in 2024.
Read More Retail, Chain Store Closures Have Surged 69% In 2024: Which Were Affected?
A big change is coming to the Costco food court.
Read More Costco Is Switching From Pepsi To Coke In 2025
The retail store, known for supplying customers with everything they need to plan the perfect party, will be closing all of its stores after running out of money to stay in operation, according to CNN.
Read More Party City Shutters Doors After 40 Years Of Business