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Unpredictable Hedge Trimmer Blades Injure 16 People, Forcing Massive Recall Unpredictable Hedge Trimmer Blades Injure 16 People, Forcing Massive Recall
Unpredictable Hedge Trimmer Blades Injure 16 People, Forcing Massive Recall A popular hedge trimmer is being recalled after blades began turning on without warning, cutting more than a dozen people. Ryobi issued the recall for more than 113,000 24-inch cordless hedge trimmers sold in the US, the Consumer Product Safety Commission announced on Thursday, June 12. The recall also impacts about 15,000 of the 40-volt trimmers sold in Canada. The tool's blade can activate if either the safety or trigger control is pressed alone, instead of requiring both together. The issue can create a serious injury risk and customers should stop using the trimmers immediatel…

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by Chris Spiker
Business
Retailers Bet On Trump Backing Down From His Tariffs, New Survey Shows Retailers Bet On Trump Backing Down From His Tariffs, New Survey Shows
Retailers Bet On Trump Backing Down From His Tariffs, New Survey Shows Many retail executives are starting to follow Wall Street's "TACO trade" philosophy, according to a new survey. A growing number of retail leaders believe President Donald Trump will retreat on his sweeping tariffs against many countries, according to a survey from consulting firm AlixPartners. The survey released on Sunday, June 1, was first reported by CNBC. Executives from major brands and retailers were asked about how they were planning for the July expiration of Trump's 90-day pause on his so-called "liberation day" tariffs. A majority said they expect the president to settl…

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by Chris Spiker
Business
Major Supermarket Chain Slashing Prices On 400+ Items Despite Trump Tariffs: Here's Why Major Supermarket Chain Slashing Prices On 400+ Items Despite Trump Tariffs: Here's Why
Major Supermarket Chain Slashing Prices On 400+ Items Despite Trump Tariffs: Here's Why At a time when many grocery bills are going up, Aldi is going in the other direction. Aldi will cut prices on more than 400 items across all its stores, the company announced. The move comes as President Donald Trump's sweeping tariffs have increased the costs of many staples and shaken consumer confidence. The supermarket chain said it's reducing prices for many items like fresh meat, organic produce, pantry goods, and picnic snacks. "While customers may see higher prices at other retailers, we're working hard to unlock even more value for our shoppers, just in time for sum…

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by Chris Spiker
Business
Rite Aid Closing 110+ More Stores Amid New Bankruptcy Filing: See Full List Rite Aid Closing 110+ More Stores Amid New Bankruptcy Filing: See Full List
Rite Aid Closing 110+ More Stores Amid New Bankruptcy Filing: See Full List Rite Aid will shut down more than 100 additional stores nationwide as the struggling pharmacy chain moves deeper into bankruptcy. The closings were disclosed in a recent bankruptcy court filing, less than a month after Rite Aid filed for Chapter 11 on Monday, May 5. The Philadelphia-based chain is working to sell off its pharmacies, inventory, and other assets to several potential buyers. Rite Aid said it has secured $1.94 billion in new financing to keep locations open during the bankruptcy process. Pharmacy services and immunizations will continue in-store and online. The lates…

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by Chris Spiker
Business
Massive Cucumber Recall Expands To Include New Products Massive Cucumber Recall Expands To Include New Products
Massive Cucumber Recall Expands To Include New Products A cucumber-linked Salmonella outbreak that’s sickened dozens has now led to another round of product recalls. this time targeting fresh food trays and tubs sold across five states. TGD Cuts, LLC of Jessup, Maryland, announced it is voluntarily recalling several cucumber-containing products distributed under multiple brands.  The affected items — including pre-packaged salsas, salads, and produce trays — were made using cucumbers from Bedner Growers Inc., the same Florida-based supplier at the center of a nationwide recall and Salmonella outbreak that has sickened at least 45 people and…

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by Joe Lombardi
Business
CVS Closing Hundreds Of Stores Across US CVS Closing Hundreds Of Stores Across US
CVS Closing Hundreds Of Stores Across US CVS says it will close 271 retail locations across the country by the end of the year. The company — the world’s second-largest healthcare provider — announced the move to stockholders late last week as part of an enterprise-wide restructuring plan. The goal, CVS says, is to simplify the organization, improve efficiency, and generate more than $500 million in cost savings in 2025. CVS has not yet released which stores will be affected or when closures will take place. The company currently operates around 9,100 stores across the US. Founded in 1963 in Lowell, Massachusetts, CVS is n…

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by Joe Lombardi
Business
Chicken Soup Mix-Up Sparks USDA Warning Chicken Soup Mix-Up Sparks USDA Warning
Chicken Soup Mix-Up Sparks USDA Warning A chicken soup product sold nationwide is the focus of a public health alert issued by federal officials. The US Department of Agriculture’s Food Safety and Inspection Service (FSIS) issued the alert after a ready-to-eat chicken soup product was found to contain wheat, a known allergen. This allergen was not listed on the label. No recall was requested because the affected product is no longer available for sale, but some containers may still be in consumers’ refrigerators or freezers. The products are: Signature SELECT Creamy Chicken & Wild Rice SOUP with White Meat Chicken (labeled…

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by Joe Lombardi
Business
Tom Brady Gets Swarmed By Fans, But This Time As Store Owner With CT Location Tom Brady Gets Swarmed By Fans, But This Time As Store Owner With CT Location
Tom Brady Gets Swarmed By Fans, But This Time As Store Owner With CT Location Tom Brady knows how to draw a crowd. Most notably during his NFL career, in which he won a record-breaking seven Super Bowls. Now, Brady is doing it in a different way. As a business owner with stores in four states. The retired star quarterback opened his fifth CardVault by Tom Brady store last week in New York, cutting the ribbon for the new Long Island location on Thursday, May 22, on Newtown Lane in East Hampton. Brady commented on the flock of fans who were on hand when he cut the ribbon. "Are they all going to be like that?" Brady wrote on social media on F…

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by Joe Lombardi
Business
Tight Ankles On Baby Pajamas Raise Injury Concerns, Prompting Large Recall Tight Ankles On Baby Pajamas Raise Injury Concerns, Prompting Large Recall
Tight Ankles On Baby Pajamas Raise Injury Concerns, Prompting Large Recall More than 16,000 pairs of infant footed pajamas have been recalled after reports that tight ankle elastic left marks and restricted blood circulation. Macy's issued the recall for about 16,300 Holiday Lane-branded cotton pajamas, the Consumer Product Safety Commission said on Thursday, May 22. According to the recall notice, Macy's received four reports of ankle elastic causing chafing, imprinting, or restricted circulation for babies. No hospitalizations were reported to the CPSC. The pajamas were sold exclusively at Macy's stores and online. They were available for about $…

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by Chris Spiker
Business
Trump Tells Walmart to ‘Eat the Tariffs’ After CEO Says Price Hike Coming Trump Tells Walmart to ‘Eat the Tariffs’ After CEO Says Price Hike Coming
Trump Tells Walmart to ‘Eat the Tariffs’ After CEO Says Price Hike Coming Two days after America’s largest retailer, Walmart, said it would raise prices to cover the cost of President Donald Trump’s tariffs, the president responded with a three-word retort: “Eat the tariffs.” In an earnings call on Thursday, May 15, Walmart CEO Doug McMillon told investors that the company would likely need to increase prices on groceries and general merchandise, despite a 2.5 percent increase in first-quarter earnings for 2025. “We will do our best to keep our prices as low as possible,” he said, according to MarketWatch. “But given the magnitude of the tariffs, even at the redu…

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by Josh Lanier
Business
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Executives at Walmart are warning that the retail giant will raise prices on many everyday items due to President Donald Trump's sweeping tariffs. Walmart will hike the costs of many grocery items and general merchandise, CEO Doug McMillon said during an earnings call on Thursday, May 15. The announcement comes as Walmart's revenue rose 2.5% in the first quarter of 2025. McMillon said the chain can't swallow the greater costs caused by Trump's tariffs. "We're positioned to manage the cost pressure from tariffs as well or better than anyone, but even at the reduced levels, the hig…

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by Chris Spiker
Business
Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge
Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge Burberry is cutting more than 1,500 jobs worldwide after the British luxury fashion brand saw a steep drop in profits. The company will lay off about 1,700 workers by 2027, Burberry said in an earnings report on Wednesday, May 14. The job cuts are part of a broader restructuring plan, aiming to save 100 million British pounds. The cuts will come from operational expenses, including procurement, real estate, and staffing. Burberry said the changes are "subject to consultation where applicable." The layoffs follow a difficult year for Burberry, which reported a 94% drop in adjusted oper…

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by Chris Spiker