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Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse
Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse Retail store closures surged in 2024, reaching their highest levels since the start of the pandemic, a new study said. A total of 7,325 U.S. stores closed in 2024, driven by inflation and an increasing shift toward online shopping, according to retail data firm Coresight Research. The closings marked the steepest decline in brick-and-mortar retail since nearly 10,000 stores closed in 2020. While 5,970 stores opened—the highest yearly number since 2012—closures outpaced openings by a net loss of 1,355 stores.  "Retailers that were unable to adapt supply chains and implement t…

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by Chris Spiker
Business
Burn Hazards Cost Fitbit $12M+ After Delayed Smartwatch Recall: CPSC Burn Hazards Cost Fitbit $12M+ After Delayed Smartwatch Recall: CPSC
Burn Hazards Cost Fitbit $12M+ After Delayed Smartwatch Recall: Cpsc Fitbit will pay more than $12 million for failing to promptly report that its Ionic smartwatches posed serious burn risks, officials said. Fitbit LLC, which is now owned by Google, has been fined $12.25 million to settle claims by the Consumer Product Safety Commission, the federal agency said in a news release on Thursday, Jan. 23. The defect caused the Ionic smartwatches to overheat, leading to second- and third-degree burns for some users. Between 2018 and 2020, Fitbit received multiple reports of its Ionic smartwatches overheating and injuring users, the CPSC said. In ear…

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by Chris Spiker
Business
Kohl’s Closing 27 Stores Across The US Including In MD Kohl’s Closing 27 Stores Across The US Including In MD
Kohl’s Closing 27 Stores Across The US Including In MD Kohl’s announced Thursday, Jan. 9, the closure of 27 underperforming stores, including locations in Pennsylvania, New Jersey, Massachusetts, and Virginia, as part of its 2025 real estate changes. The closures are expected to be finalized by April 2025 and are part of the company’s strategy to strengthen its store portfolio while adapting to evolving consumer trends. Among the affected locations are stores in Pennsylvania, New Jersey, Massachusetts, and Virginia. Pennsylvania Pottstown – 351 W Schuylkill Rd. New Jersey East Windsor – 72 Princeton Hightstown Rd. Massachusetts Stoug…

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by Jillian Pikora
News
Fisher-Price Recalling 366K Baby Dumbbell Toys Due To Infant Choking Hazard Fisher-Price Recalling 366K Baby Dumbbell Toys Due To Infant Choking Hazard
Fisher-Price Recalling 366K Baby Dumbbell Toys Due To Infant Choking Hazard Fisher-Price is recalling hundreds of thousands of baby dumbbell toys that could pose a potential choking threat to infants the US Consumer Product Safety (CPSC) announced. The retailer is recalling 366,200 toys that were sold nationwide and online along with the Baby Biceps Gift Set that includes dumbbells with caps that can pop off, creating the hazard. CPSC The bar of the dumbbell toy is gray with orange and red plastic weights on each side, officials said. The model number GJD49 is located on the back of the kettlebell toy in the gift set. CPSC None of the other toys inside the Bab…

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by Zak Failla
Police & Fire
Police Ask Public To Keep An Eye Out For Man Wanted For Kohl's Robbery In Maryland Police Ask Public To Keep An Eye Out For Man Wanted For Kohl's Robbery In Maryland
Police Ask Public To Keep An Eye Out For Man Wanted For Kohl's Robbery In Maryland Recognize him?  An alert was issued by the Montgomery County Department of Police as they seek the public's assistance in tracking down a wanted man who has been at large since robbing a Kohl's store more than a month ago. Photos have been released by investigators following an October robbery of the department store in the 3900 block of Aspen Hill Road in Silver Spring. The wanted man out of Montgomery County. Montgomery According to police, the wanted man walked into the store, did some shopping, and then walked out with an undisclosed amount of merchandise without attemptin…

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by Zak Failla
Business
Kitchen Products Sold Nationwide Recalled Due To Injury Concerns, Reports Of 'Severe Cuts' Kitchen Products Sold Nationwide Recalled Due To Injury Concerns, Reports Of 'Severe Cuts'
Kitchen Products Sold Nationwide Recalled Due To Injury Concerns, Reports Of 'Severe Cuts' Nearly 500,000 juicers are being recalled after reports of hundreds of malfunctions reported by consumers, some of which included injuries that required emergency treatment, according to federal officials.  The US Consumer Product Safety Commission (CPSC) announced that Empower Brands is recalling approximately 469,000 Power XL Self-Cleaning Juicers due to both laceration and ingestion hazards. According to the CPSC, the juicers can rupture during use, striking users and posing a laceration hazard. They've also been known to leave small particle shavings in the juice, posing an ad…

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by Zak Failla
Business
Clarks Americas Recalls Women’s Shoes For Potentially Dangerous Chemical Hazard Clarks Americas Recalls Women’s Shoes For Potentially Dangerous Chemical Hazard
Clarks Americas Recalls Women’s Shoes For Potentially Dangerous Chemical Hazard Eight styles of women’s shoes are being recalled across the globe by Clarks due to concerns about toxins inside the product, the retailer announced. The US Consumer Product and Safety Commission (CPSC) issued an alert regarding a recall of approximately 113,000 shoes under the "Breeze" style name that were sold stateside and an additional 10,000 in Canada that pose a potential chemical hazard. "Prolonged and direct contact with the shoes’ upper material can expose the wearer to the chemicals benzidine and/or dimethoxybenzidine, which are toxic and can cause adverse health effects,” accordin…

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by Zak Failla