ECONOMIC PRESSURES

Target is going through a rough patch. The company's profits took a big hit in the third quarter. This is a sign that the holiday season might be tough for them. Target is planning to spend more money next year. They want to fix up their stores and build new ones. This will cost them a lot of money. Investors are not happy. The stock price has dropped a lot over the...

For decades, Party City has been the go-to place for party supplies, from Halloween costumes to birthday favors. But recently, the retailer announced it's shutting down nearly 700 stores nationwide. The company filed for Chapter 11 bankruptcy for the second time in two years, blaming tough economic conditions and intense competition. Party City faced challenges like...