Saks Off 5th, a popular clothing store, is saying goodbye to Connecticut. The store, which opened in 2018 at Corbin's Corner near Westfarms Mall, will be closing its doors in January. This news comes from reports by Yahoo Finance and WWD. The decision to close the store is part of a bigger plan. Sa
Office Depot and OfficeMax, two big names in office supplies, are shutting down almost 100 more stores. This is not just a recent thing. It has been going on for a while. The company that owns them, ODP Corporation, has been struggling. This is because people are buying things online more often. The
The U. S. has stopped making pennies, and retailers are feeling the pinch. Gas stations, fast-food chains, and big-box stores are struggling to adjust prices and handle cash transactions. This sudden change has left many businesses frustrated and scrambling for solutions. Retailers are facing a tou
In 2025, cryptocurrency is becoming a common way to pay for everyday items, including home goods. This shift is happening because more people are using digital currencies for purchases, and businesses are starting to accept them. The home goods industry, which includes furniture and decor, is one of
A top economist has some strong advice for everyday investors: be cautious. Richard Thaler, a big name in the world of economics, thinks that regular folks might want to think twice before jumping into the stock market. He's not alone in this thought. Many experts believe that the average person mig
UK stores are feeling the pinch as shoppers hold back on spending. This isn't new - it's been going on for over a year. The latest figures show sales are still dropping. People are worried about what the finance minister might announce in the upcoming budget. The Confederation of British Industry (
Fossil, a well-known brand in the world of fashion accessories, is in hot water. It's filed for Chapter 15 bankruptcy in the U. S. , pointing fingers at U. S. tariffs and tech giants like Apple and Samsung. This move comes after Fossil proposed a restructuring plan in the U. K. to tackle its growing
The Watertown Mall is staying put for now. National Development, a Newton-based company, recently bought the mall for $100. 25 million. This comes after Alexandria Real Estate Equities, a California-based firm, purchased the 24. 5-acre property in 2021 for $130 million. Alexandria had big plans to t
Boston's retail areas are still dealing with a lot of shoplifting. But, there's some good news. The city has started new plans to fight this problem. Police and business leaders talked about this at a recent meeting. The main issue is that stealing hurts everyone. It's bad for small shops, people l
Trading cards are back in a big way, and it's not just kids who are excited. Adults are also getting into the hobby, driven by nostalgia and the fun of collecting. Big stores like Target and Walmart are noticing this trend and stocking up on cards for the holiday season. Sales of trading cards have
