Just keep your returns: Target, Walmart, other stores weigh paying you not to bring back unwanted items

The chaotic mix of record fuel prices and an unending supply chain crisis have retailers considering the unthinkable: Instead of returning your unwanted items, just keep them. In recent weeks, some of the biggest store chains, including Target, Walmart, Gap, American Eagle Outfitters and others have reported in their latest earnings calls that they have … Read more

Why the retail industry is facing a bankruptcy wave

Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California. Justin Sullivan | Getty Images The retail industry is up against a potential wave of bankruptcies following a monthslong slowdown in restructuring activity. There could be an increase in distressed retailers beginning later this year, experts say, as ballooning … Read more

Franchise Group considers lowering Kohl’s bid closer to $50 a share from $60

People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Kohl’s announced that it has entered into exclusive negotiations with Franchise Group, which is proposing to buy the retailer for $60 per share. Joe Raedle | Getty Images The retail holding company Franchise Group is weighing lowering its bid for … Read more

Consumers changing eating, shopping habits as inflation pushes up prices

A man shops for meat at a Safeway grocery store in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty Images The highest inflation in 40 years is roughly prompting people to shift their shopping habits, especially at the grocery … Read more

Why Franchise Group wants to buy Kohl’s and what could happen next

Shoppers enter Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images A little-known conglomerate of companies including The Vitamin Shoppe, Pet Supplies Plus and a home furnishing chain called Buddy’s is suddenly the talk of the retail industry. Franchise Group, a publicly traded business with a market capitalization of about $1.6 billion, … Read more

The Best Sleep Trackers, According To Experts

Research suggests that a good portion of America is restless, with “20-35% of adults [reporting] consistent sleep difficulties,” according to research published in the journal Current Sleep Medical Reports. Whether it be disordered or insufficient, chronically affected sleep can have troubling real-life health consequences beyond just feeling sleepy during the day. luckily, additional research reveals … Read more

Kohl’s enters exclusive sale talks with Franchise Group

The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s said Monday that it has entered into exclusive negotiations with retail holding company Franchise Group, which is proposing to buy the retailer for $60 per share. Such a price … Read more

42% of Americans say money has a negative impact on mental health

A supermarket in Washington, DC, on May 26, 2022. Nicholas Kamm | AFP | Getty Images A host of financial concerns has taken a toll on Americans’ wallets and their mental health, from high inflation and whiplashing markets to general economic uncertainty. Some 42% of US adults said that money has a negative impact on … Read more