Aldi to hire 13,000 holiday workers, raising minimum wages up to $23 an hour
Aldi is hiring thousands of workers for the upcoming holiday season and for the opening of new stores in the U.S., while also increasing its minimum wages to $18 and $23 an hour.
Another restaurant chain files for Chapter 11 bankruptcy
BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.
Big Lots files for bankruptcy, announces sale to investment firm
Big Lots previously expressed "substantial doubt" about its ability to continue operating.
LL Flooring, hardware store once known as Lumber Liquidators, to close all 400 stores in bankruptcy proceeding
The hardware company filed for bankruptcy last month but has failed to find a buyer.
Red Lobster may exit bankruptcy protection soon
Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.
Verizon to buy Frontier in $20B deal
Verizon is acquiring Frontier Communications in the massive deal to boost its network, while helping its efforts in artificial intelligence.
Foxtrot reopens in Chicago's Gold Coast
Foxtrot, the revived upscale corner store chain, reopened its first location in Chicago’s Gold Coast on Thursday.
Why are so many restaurant chains filing for bankruptcy this year?
The year has not even reached its fourth quarter and bankruptcies among restaurant chains, operating companies and large franchisees are already nearly double what they were in 2023.
Krispy Kreme Barbie Doughnuts: Locations, flavors, exclusive doll giveaway
Starting Tuesday, Krispy Kreme is celebrating Barbie's 65th anniversary with four new limited-edition doughnuts: Yes, they are pink-- no, they aren't plastic. The release will also include a giveaway. Details here.
Big Lots weighing possibility of bankruptcy filing as sales dwindle
The discount retailer has faced declining sales.
Costco raising membership fees this weekend – the first time since 2017
Costco announced the membership increase in July. Starting Sunday, here’s what it will now cost.
Durbin blasts health and law enforcement officials over illegal e-cigarettes used by teens
Illinois Sen. Dick Durbin blasted top health and law enforcement officials for not doing more to combat the rise of illegal electronic cigarettes among young people in the U.S., a multibillion-dollar business that has flourished amid haphazard enforcement.
Grocery chain joins Walmart, CVS, others in ending cigarettes sales
CVS, Target and Walmart have already removed tobacco products from stores and online.
Social Security: 3 changes to look out for in 2025, according to experts
The Social Security COLA increase in 2025 is likely to be smaller than in 2024, according to estimates. Here are some potential changes Americans should take into account.