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Business
Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight' Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight'
Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight' Canada, Mexico, and China are responding to President Donald Trump officially placing tariffs on the three nations, escalating tensions with the US's key trading partners and increasing concerns about rising costs for American consumers. The US officially imposed 25 percent tariffs on Canadian and Mexican goods on Tuesday, Mar. 4. On the same day, the US also raised tariffs on Chinese imports to 20 percent. On his social media platform Truth Social, Trump claimed the solution to the trade wars is bringing more businesses into the country. "IF COMPANIES MOVE TO THE UNITED STATES, THERE ARE …

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by Chris Spiker
Business
Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction
Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann will shut down all of its 800 locations, ending more than 80 years of selling fabrics and craft supplies. Joann announced the winning bidders at a bankruptcy auction plan to begin going-out-of-business sales at every store, the company said. At its height, the crafts chain had about 850 stores in every state but Hawaii. Financial services company GA Group, in partnership with the prepetition term loan agent, acquired Joann's assets at the auction. "Joann leadership, our board, advisors and legal partners made every possible effort to pursue a more favorable outcome that wou…

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by Chris Spiker
Business
Forever 21 Preparing To Close 200 More Stores As Bankruptcy Looms: Reports Forever 21 Preparing To Close 200 More Stores As Bankruptcy Looms: Reports
Forever 21 Preparing To Close 200 More Stores As Bankruptcy Looms: Reports Forever 21 may close at least 200 more stores and could shut down every location during a possible bankruptcy process, according to reports. Forever 21 is considering the closures and its US operator F21 OpCo. may declare bankruptcy as soon as March, Bloomberg News reported. This would be the fast-fashion chain's second bankruptcy filing in about six years. Unless a buyer acquires the remaining locations, the retailer could be forced to liquidate, shutting down its roughly 350 remaining stores. At its height, Forever 21 operated more than 500 US locations and at least 800 worldwid…

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by Chris Spiker
Business
'Heartbroken:' Owner Of NJ Town's Longest-Running Business Bids Final Farewell After 88 Years 'Heartbroken:' Owner Of NJ Town's Longest-Running Business Bids Final Farewell After 88 Years
'Heartbroken:' Owner Of NJ Town's Longest-Running Business Bids Final Farewell After 88 Years After 88 years of serving the community in Prospect Park, Aiello’s Fruit Baskets is closing its doors. Owner Bobby Aiello broke the news on Tuesday, Feb. 18. In a call with Daily Voice, he said he's simply "heartbroken." "It was time — I wanted to make 100 years, but it wasn't feasible," Aiello said, citing the rising costs of produce and changing demographics as just some of the factors contributing to his Haledon Avenue shop's closure. Up until this week, Aiello's Fruit Baskets was the longest-running business in town. His grandfather opened the shop in 1937,  offering fruit centerp…

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by Cecilia Levine
Business
Amputated Fingertips, Severe Injuries From Coolers Spark Massive Recall: CPSC Amputated Fingertips, Severe Injuries From Coolers Spark Massive Recall: CPSC
Amputated Fingertips, Severe Injuries From Coolers Spark Massive Recall: Cpsc Igloo is recalling more than one million rolling coolers after reports of severe fingertip injuries, including amputations. Igloo Products Corp. issued the recall for about 1,060,000 of its 90-quart Flip & Tow rolling coolers, the Consumer Product Safety Commission announced on Thursday, Feb. 13. A dangerous defect in the tow handle can pinch users' fingertips, posing risks of crushing injuries. The CPSC said Igloo has received 12 reports of injuries, including fingertip amputations, bone fractures, and lacerations. The recall also includes about 47,000 coolers sold …

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by Chris Spiker
Business
Joann Closing NJ Stores Among 500 Locations Nationwide: See The List Joann Closing NJ Stores Among 500 Locations Nationwide: See The List
Joann Closing NJ Stores Among 500 Locations Nationwide: See The List Joann is set to close more than half of its stores nationwide, marking a major contraction for the arts and crafts retailer as it navigates bankruptcy for the second time in less than a year. The Ohio-based chain, which operates about 800 locations, will shutter around 500 stores, a company spokesperson confirmed to the Daily Voice. The move is part of a broader restructuring effort as the company seeks to stabilize its finances following a Chapter 11 bankruptcy filing in January. The spokesperson said the decision was "very difficult" but critical to Joann's future. "A careful a…

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by Chris Spiker
Business
Recall Issued For Canned Tuna Sold In NJ Under These Brand Names Recall Issued For Canned Tuna Sold In NJ Under These Brand Names
Recall Issued For Canned Tuna Sold In NJ Under These Brand Names If canned tuna is a staple in your pantry, check your shelves immediately. A major nationwide recall has been issued for select Genova, Van Camp’s, H-E-B, and Trader Joe’s canned tuna due to a potential contamination risk that could lead to botulism, a rare but potentially fatal form of food poisoning. The recall, announced by Tri-Union Seafoods, stems from a manufacturing defect in the pull-tab lids, which could cause product leakage and bacterial contamination over time.  While no illnesses have been reported, the recall is being conducted out of an abundance of caution. Where Was …

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by Joe Lombardi
Sports
Eagles Seek Revenge, Kendrick Ignites Halftime, Free Stream Offered: Your Super Bowl LIX Guide Eagles Seek Revenge, Kendrick Ignites Halftime, Free Stream Offered: Your Super Bowl LIX Guide
Eagles Seek Revenge, Kendrick Ignites Halftime, Free Stream Offered: Your Super Bowl LIX Guide America's biggest unofficial holiday is here and Super Bowl Sunday offers so much beyond what happens on the field inside the Caesars Superdome. The Philadelphia Eagles and Kansas City Chiefs are set to kick off Super Bowl LIX in New Orleans at 6:30 p.m. on Sunday, Feb. 9. This showdown is a rematch of the NFL's 2023 championship game when the Chiefs beat the Eagles 38-35 at Super Bowl LVII in Glendale, Arizona. The Chiefs have been slight betting favorites at -1.5 on most sportsbooks since the matchup was finalized. That's a reversal from when they were about two-point underdogs in Super B…

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by Chris Spiker
Business
Nationwide Recall: Seasoning Products Pulled Over Life-Threatening Allergic Reaction Threat Nationwide Recall: Seasoning Products Pulled Over Life-Threatening Allergic Reaction Threat
Nationwide Recall: Seasoning Products Pulled Over Life-Threatening Allergic Reaction Threat Two seasoning products have been recalled nationwide because of concerns they could cause life-threatening allergic reactions. TS Food Packaging is recalling its “Rural King” and “Wabash Valley Farms” Bacon Seasoning due to the presence of an undeclared soy ingredient.  "People who have allergies to products containing soy run the risk of serious or life-threatening allergic reactions if they consume these products," according to a company announcement released through the Food & Drug Administration (FDA). The recalled “Bacon Seasonings” were distributed nationwide via E-comm…

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by Joe Lombardi
Business
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
Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months
Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Arts and crafts retailer Joann is declaring bankruptcy for the second time in less than a year, officials said. Joann filed for Chapter 11 bankruptcy in a Delaware court, the company said in a news release on Wednesday, Jan. 15. The chain known for sewing and other craft materials said the move will help facilitate a sale to maximize the business's value. Interim CEO Michael Prendergast said the bankruptcy declaration was necessary despite the chain's efforts to drastically improve its financial health. "Since becoming a private company in April [2024], the Board and management team h…

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by Chris Spiker
Business
See What Inspired Walmart's First Rebranding, Logo Change In 17 Years See What Inspired Walmart's First Rebranding, Logo Change In 17 Years
See What Inspired Walmart's First Rebranding, Logo Change In 17 Years Walmart is making a subtle yet noticeable tweak to its logo for the first time in nearly two decades. The retail chain announced "a comprehensive brand refresh" in a news release on Monday, Jan. 13. It's the first logo change for the 63-year-old company since it removed the star between "Wal" and "Mart" in 2008. Walmart said its fresh new look combines a nod to its rich history with a bold, modern design. "Walmart’s brand identity has evolved to reflect what the retailer offers today, while honoring what has always been special about the one-stop shopping destination," the chain …

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by Chris Spiker