Independent thinking for complex markets and current events
The retail crisis that many people dismissed as overblown has now wiped out over 8,000 stores across the United States, and we’re only getting started. In this video, we take a closer look at what’s really happening in the retail industry in 2026, why so many beloved brands are disappearing, and what it all means …
American Eagle said Wednesday its partnership with Sydney Sweeney has been its “best” advertising campaign to date as it announced fiscal second-quarter earnings that beat expectations. The company’s splashy, yet controversial, campaign with the “Euphoria” star led to some criticism and blowback but the launch, coupled with a recent partnership with Taylor Swift’s new fiancé …
🚨BREAKING: Death Sentence Delivered: Hudson’s Bay to Execute 8,000 Jobs by June 1 🔹 80 stores nationwide to close🔹 ~8,340 jobs (89 % of workforce) axed by June 1🔹 Another 899 cuts by June 15; only 120 retained to oversee shutdown🔹 355-year legacy ends under a > $1… pic.twitter.com/MmfF7EjkRc — Shazi (@ShaziGoalie) May 27, 2025 …
Hudson’s Bay, a 354-year-old retail giant, is closing all stores, blaming tariffs, inflation, and weak consumer spending. Thousands lose jobs as liquidation sales start immediately. The Canada-U.S. trade war takes another victim. With duties on billions in goods, both nations feel the squeeze. Protectionism has a price—one paid by workers and consumers alike. Another retail …
A major party and craft retailer with 850 stores across the nation is considering filing for bankruptcy. Party City has been faced with the possibility of mass closures just a little over a year after the company surfaced from Chapter 11 bankruptcy. The celebration retailer, known for selling balloons and essential party supplies, is currently …
Another retailer finds out the 2021 “recovery” was mostly an illusion. Prices may have soared and revenues looking good, it didn’t last because it couldn’t. As the company closes hundreds of stores and prepares to lay off an unknown number of workers, more stats show this is no isolated case. The cycle continues and continues …
Discount home goods retailer Big Lots is reportedly on the brink of bankruptcy after years of falling sales. The beleaguered chain may seek Chapter 11 protection within weeks, according to Bloomberg, if it is not able to find investors. The Ohio-based company runs around 1,400 stores across the US, after closing hundreds of locations earlier …
Keith Gill, better known as “Roaring Kitty” on X and YouTube and as “Deep——-Value” on Reddit, hosted his first livestream since the meme stock craze that took place three years ago. Gill said he believes in the video game retailer’s reinvention under CEO Ryan Cohen, reiterating his previous investing thesis and offering little new reasoning …
eBay customers will no longer be able to use American Express cards to pay for purchases from this summer. The online marketplace announced Wednesday that it would no longer accept the cards from August 17. It blamed the ‘unacceptably high fees’ imposed by AmEx for processing transactions. It is a blow to American Express, which …
(WJET/WFXP) — Crafts retailer JOANN filed for Chapter 11 bankruptcy early Monday morning. The company, with over 800 stores nationwide, is best known for selling craft supplies, home decor and sewing supplies. The filing allows JOANN to continue to operate while it repays its debts, meaning no stores or online shopping is expected to be …
Always remember: Their little tizz begun because I stood up for a retailer they were mobbing and trying to destroy. I think that tells you everything you need to know. — Millarworld (@mrmarkmillar) December 11, 2023 It’s funny they are flailing impotently in all fronts trying to cancel successful blokes like Millar, Wendigoon and internet …