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Calif. Gov. Newsom Signs Bill Banning Plastic Bags At Grocery Stores Into Law

California Governor Gavin Newsom (left) speaks onstage with Salesforce.com CEO Marc Benioff (right) during Salesforce.com's Dreamforce in San Francisco, California on September 17, 2024. (Photo by Justin Sullivan/Getty Images) By Brooke Mallory, OAN StaffMonday, September 23, 2024 4:56 p.m. Under a new rule signed into law by California Governor Gavin Newsom on Sunday, Californians will […]

Starbucks ordered to reopen 2 NY stores shut down after workers unionized

A U.S. labor court ruling found that the Seattle-based coffee giant illegally closed two Ithaca stores last year in an attempt to stifle labor unionism, and a U.S. government agency has ordered Starbucks to reopen the stores. Administrative Law Judge Jeffrey Carter of the National Labor Relations Board ruled Friday that Starbucks “violated the National […]

GameStop prepares to shutter even more stores after disappointing second quarter

Gamers, look away! Unfortunately, GameStop has announced that it will be closing more of its brick-and-mortar stores next year. Earnings Report. The company said it was struggling to sell hardware in stores around the world as more games were downloaded digitally rather than just ordered online. GameStop announced it will close more brick-and-mortar stores next […]

Starbucks CEO Brian Niccol vows to improve US stores

Starbucks' new CEO, Brian Niccol, on Tuesday unveiled his plan for his first 100 days, saying he will focus on improving the customer experience and coffeehouse culture in its U.S. stores. Nicol took over from Lakshman Narasimhan on September 9 at a time when the coffee chain is grappling with sluggish demand in the United […]

Big Lots files for bankruptcy, will close some stores amid sale to investment firm

See what's clicking on FoxBusiness.com. Nearly three months after it cited “significant doubts about the company's ability to continue operations” in a filing with the U.S. Securities and Exchange Commission, Big Lots said Monday it had secured $707.5 million to support operations and sell the business to private equity firm Nexus Capital. The announcement comes […]

Body Shop’s remaining UK stores saved after rescue deal agreed | Retail industry

The Body Shop has been rescued from bankruptcy by a consortium led by British cosmetics tycoon Mike Jatania, with the ethical beauty brand's remaining 113 UK stores set to remain open. Aurea, a growth capital firm founded by Jatania and Paul Raphael, a former executive at UBS, Credit Suisse and Merrill Lynch, said it had […]

Struggling Big Lots preparing bankruptcy filing, will sell stores: report

Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and plans to sell its store chain under court supervision. Bloomberg News reported. He said Friday, citing people familiar with the matter. The company is reportedly continuing to operate under Chapter 11 bankruptcy protection and is currently in […]