After filing for bankruptcy, closing dozens of locations, and facing mounting losses, a once-iconic seafood chain is now considering further restaurant shutdowns to stabilize its business and return to growth. For many customers, the chain’s financial troubles signaled the potential end of an era, taking along with it its Cheddar Bay Biscuits and the popular
Luxury fashion may portray an image of glamor and exclusivity, but not all that glitters is gold. Behind the more than five-figure price tags and highly coveted brand names, the industry has struggled with declining sales and cautious consumer spending amid ongoing economic uncertainty. Founded in 1963, Kering is the French multinational luxury goods group
In a market driven by strong traveler numbers but also considerable competition, hotels without the resources of a large chain often find themselves in a financial situation that forces them to file for bankruptcy protection. The abrupt collapse of the company behind hotels such as The Tuscany and Hotel 27 in New York City left
Walmartrecently crossed the $1 trillion market cap threshold and is now up an impressive 510% over the past decade. If we adjust for dividend reinvestments, cumulative returns for the Dow Jones 30 member is closer to 630%, since February 2016, according to data from Y-charts. It’s a remarkable milestone for an 84-year-old company that started
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With a very high cost of operation and in many cases, a concentrated market of competitors, many smaller and even mid-size airlines have already filed for bankruptcy in the first two months of 2026. A few names of these names include Royal Air Philippines, Indian charter carrier Dove Airlines, Swedish carrier H-Bird, and U.S. charter
Amid an increasingly competitive wireless market, T-Mobile has doubled down on launching new offers, such as iPhone deals and free phone lines, to retain loyal customers. Despite these efforts, the carrier continues to see more of its phone customers switch to other providers. As it battles rising customer losses, it is testing a bold new
I’ve reported and published stories on current trends in real estate and the housing market for a number of years, and I always find it useful to take a look at mortgage rates and significant behavior shifts home buyers are making. Real estate technology company Zillow also pays close attention to developments in home buying
Valued at a market cap of $73 billion, General Motors is among the largest automobile companies in the world. The Detroit automaker recently announced a 20% dividend bump alongside a fresh $6 billion buyback program after beating Wall Street’s fourth-quarter earnings forecasts. GM stock surged on the news and is now up close to 70%
With consumer economic sentiment ebbing throughout 2025, many Americans have spent the last year watching their discretionary spending more carefully — ultimately leading to fewer dollars spent at venues like amusement parks. In some cases, park bankruptcies followed. After posting a loss of more than $1.2 billion last December, Six Flags revealed it will close