Home goods retailer Conn’s files for bankruptcy, closing over 70 stores
Home goods and furniture retailer Conn’s Inc. filed for Chapter 11 bankruptcy protection on Tuesday and announced plans to close several stores. The company announced it would close more than 70 HomePlus stores across 13 states. Corns filed for bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. FOX Business has […]
JD Vance book Hillbilly Elegy skyrockets on video streaming and stores’ backorder lists
Sen. J.D. Vance‘s (R-OH) bestselling memoir, Hillbilly Elegy, has exploded in book sales, alongside the movie, which is based on his book, sitting atop streaming services’ trending lists following former President Donald Trump naming the senator as his 2024 running mate. Vance’s memoir, published by HarperCollins, shares his tough upbringing of living in poverty in […]
Grocery Stores Introduce Ammo Vending Machines For Round-The-Clock Bullet Supply
A Texas-based company has been installing ammo vending machines across the country, CBS News reported. American Rounds introduced ammunition vending machines, marking a shift in how firearm ammunition is distributed in the United States. These machines, located in retail spots across Oklahoma, Alabama and Texas, offer 24/7 access to ammunition. The company claims this setup […]
Stop & Shop will shutter 7 NYC-area stores, 32 overall
Stop & Shop is closing seven stores in the New York City area and 32 stores overall as inflation-hit shoppers seek cheaper supermarkets. The company made the announcement on Friday.. The struggling chain, owned by Dutch conglomerate Ahold Delhaize, announced plans to close “underperforming” stores in May, with industry experts predicting up to 50 stores […]
Big Lots closing dozens of stores, putting survival in question
Wall Street Horizons vice president of research Kristin Short analyzes how inflation will affect U.S. consumers in “Making Money.” Discount retailer Big Lots plans to close “35 to 40” stores by the end of the year, according to a filing last month with the Securities and Exchange Commission. In A 280-page document, The company said […]
Grocery Stores Selling Ammunition Out of Vending Machines
Some grocery stores in Alabama and Oklahoma now have American Round vending machines that allow customers to buy gun ammunition while filling their carts with groceries for their families. Cleveland.com report The vending machines are currently installed in six locations.[use] Artificial intelligence technology that verifies the identity and age of purchasers through card scanning and […]
Grocery stores in Alabama selling ammo with AI-driven vending machines
A pair of grocery stores in Alabama are selling firearm ammunition via artificial intelligence-powered vending machines. The machines, located in Fresh Value stores in Tuscaloosa and Pell City, use facial recognition to verify a customer’s age and ID to make it easier to get firearm ammo. The company, American Rounds, created the machine. CEO Grant Magers […]
Big Lots to close stores, may file for bankruptcy
Discount home goods retailer Big Lots said it plans to close more stores this year and may face permanent closures, becoming the latest major chain to face financial collapse as inflation-hit shoppers cut back on spending. The Ohio-based company operates approximately 1,400 stores nationwide. June SEC filings The company said it plans to close 35 […]
Bob’s Stores closing all locations after 70 years in latest US retail casualty
Bob’s Stores, a beloved store that has provided clothing to Northeast families for 70 years, is closing all of its locations for good, America’s latest retail casualty. The iconic retail giant was “unable to secure the necessary capital to continue operations,” president Dave Barton said in a statement Monday. Bob’s Stores will liquidate inventory at […]
Walgreens may close over 2K stores as sales plunge amid inflation
Walgreens said Thursday it may close up to a quarter of its more than 8,600 U.S. stores as inflation-hit consumers cut back on spending and retail sales plummet. The struggling drugstore chain, which closed 150 U.S. stores last year, lowered its profit forecast ahead of its quarterly earnings report, sending its shares plummeting nearly 25 […]