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Retail

Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide
Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide Dollar General will close more than 140 stores after a sharp drop in profits, marking a shift in strategy as the discount retailer faces rising costs and changing consumer habits. Dollar General will shut down at least 96 Dollar General locations and 45 pOpshelf stores in 2025, the company said in a news release on Thursday, Mar. 13. There are about 20,434 Dollar General stores and 231 pOpshelf locations, according to data company ScrapeHero. Another six pOpshelf stores will be converted into Dollar General locations. "As we look to build on the substantial progress we made …
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS is rolling out a new wave of smaller-format pharmacies in select communities nationwide as it tries to adapt to changes in the retail world. CVS plans to open at least a dozen of these compact pharmacies nationwide in 2025, a spokesperson confirmed to Daily Voice on Monday, Mar. 10. The pharmacy-only locations aim to improve access to medications, immunizations, and pharmacist-provided health care services. Each location will average less than 5,000 square feet, with a full-service pharmacy and a limited selection of over-the-counter products tailored to a community. "By taki…
Grocery Shoppers Pivot As Inflation Reshapes Spending Grocery Shoppers Pivot As Inflation Reshapes Spending
Grocery Shoppers Pivot As Inflation Reshapes Spending As inflation continues to strain household budgets, consumers are scaling back purchases of both name-brand and private-label snacks and drinks.  TreeHouse Foods, a leading manufacturer of private-label products for major retailers like Walmart and Trader Joe’s, is now feeling the pinch, according to a report by The Wall Street Journal.  After initially benefiting from consumers shifting toward budget-friendly options, TreeHouse is now seeing slower sales growth as rising costs for essentials like coffee and eggs impact spending, the outlet said. Once a growth driver, private-lab…
US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study
US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study Layoffs are sweeping across the country at a pace not seen in years, hitting government workers, retail employees, and tech professionals the hardest, according to a new study. US employers announced 172,017 layoffs in February, the highest total since the height of the COVID-19 pandemic in July 2020, according to a report released by outplacement firm Challenger, Gray & Christmas on Thursday, Mar. 6. Last month's cuts were 245 percent higher than January and more than double the job losses from February 2024. February marked a dramatic spike in job losses, as businesses and federal age…
Trump Pauses Auto Tariffs Amid Trade War Fallout With Canada, Mexico Trump Pauses Auto Tariffs Amid Trade War Fallout With Canada, Mexico
Trump Pauses Auto Tariffs Amid Trade War Fallout With Canada, Mexico President Donald Trump is giving US automakers a brief delay on tariffs imposed against Canada and Mexico as trade war tensions escalate and concerns rise domestically about the economy. The pause was confirmed at a news briefing by White House Press Secretary Karoline Leavitt on Wednesday, Mar. 5. The move came one day after Trump officially placed 25 percent tariffs on Canadian and Mexican goods while raising tariffs on Chinese imports to 20 percent. The country's "Big Three" automakers — Stellantis (formerly Chrysler), Ford, and General Motors — talked with Trump abou…
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, …
Wegmans Arrives On Long Island: Shoppers Flock To Newest Store For Upstate Cult Favorite Wegmans Arrives On Long Island: Shoppers Flock To Newest Store For Upstate Cult Favorite
Wegmans Arrives On Long Island: Shoppers Flock To Newest Store For Upstate Cult Favorite A supermarket with tremendous support from fans in upstate New York has finally made it onto Long Island. Wegmans Food Markets officially opened its Lake Grove supermarket at 9 a.m. on Wednesday, Feb. 26. The 101,000-square-foot store is located at 3270 Middle Country Road in the DSW Plaza at Lake Grove. This is the first Wegmans location on Long Island, joining 49 other locations across New York. Most are in the greater Buffalo, Rochester, and Syracuse areas, although there are two in New York City and one in Harrison. View this post on Instagram …
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…
Sweet Dreams: Late-Night Cookie Chain Expanding To Capital Region Sweet Dreams: Late-Night Cookie Chain Expanding To Capital Region
Sweet Dreams: Late-Night Cookie Chain Expanding To Capital Region Got the midnight munchies? Insomnia Cookies is bringing its warm, gooey, fresh-from-the-oven goodness to the Capital Region. The national chain is planning to open new stores at the following locations, a company spokesperson confirmed to Daily Voice: Albany at 1211 Western Avenue Schenectady at 118 Jay Street The stores will be the company’s first in the Empire State located outside of New York City. Whether you’re a chocolate chunk fanatic, peanut butter cup enthusiast, or a die-hard snickerdoodle supporter, Insomnia Cookies delivers the goods. Their menu includes: ✅ Classic Cookies (…
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…
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 …
Joann Closing NY Stores Among 500 Locations Nationwide: See The List Joann Closing NY Stores Among 500 Locations Nationwide: See The List
Joann Closing NY 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…
Recall Issued For Canned Tuna Sold In NY Under These Brand Names Recall Issued For Canned Tuna Sold In NY Under These Brand Names
Recall Issued For Canned Tuna Sold In NY 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 …
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…
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…
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…
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…
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 …
Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers Operator Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers Operator
Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers Operator JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in popularity across the US. The 123-year-old department store chain and SPARC Group have combined to form Catalyst Brands, the new company said in a news release on Wednesday, Jan. 8. SPARC Group is the operator of stores including Aéropostale, Brooks Brothers, Eddie Bauer, Forever 21, Lucky Brand, and Nautica. Former JCPenney CEO Marc Rosen will become the CEO of Catalyst Brands, which boasts more than $9 billion of revenue and about 60,000 employees at …
Big Lots Reaches Deal To Keep Hundreds Of Stores Open Big Lots Reaches Deal To Keep Hundreds Of Stores Open
Big Lots Reaches Deal To Keep Hundreds Of Stores Open Big Lots has announced a major development following its September bankruptcy filing. The discount retail chain says it's entered a strategic agreement with Gordon Brothers Retail Partners and Variety Wholesalers to preserve the brand, save thousands of jobs, and keep hundreds of stores open. Variety Wholesalers, known for its portfolio of retail brands, plans to acquire between 200 and 400 Big Lots locations, along with up to two distribution centers. There are about 1,400 Big Lots stores nationwide. The transition ensures Big Lots can transfer key assets and maintain continuity of its br…
Party City Going Out Of Business, Closing All 800 Stores Party City Going Out Of Business, Closing All 800 Stores
Party City Going Out Of Business, Closing All 800 Stores The party is over for a popular chain store that's been in business for decades. Party City is “winding down” operations immediately at its approximately 800 locations, CEO Barry Litwin told corporate employees  in a video call on Friday, Dec. 20, CNN reports. Workers were told they will not receive severance pay, and that their benefits would end as the company goes out of business, CNN says. The company, headquartered in in Woodcliff Lake, New Jersey, is running low on cash and unable to pay rent in some locations, according to an earlier Bloomberg report. Party City was foun…
Luxury French Department Store Set To Open First US Location in NY Luxury French Department Store Set To Open First US Location in NY
Luxury French Department Store Set To Open First US Location in NY A touch of Parisian luxury will soon be arriving in America. Printemps, the iconic French department store, is prepares to open its first US location in the spring of 2025.  The new store, which will be located in Manhattan, will occupy 55,000 square feet within the historic One Wall Street building in the Financial District, blending classic architecture with modern elegance. Founded in 1865, Printemps is celebrated for its high-end fashion, beauty, and lifestyle offerings.  The Manhattan location aims to capture the spirit of its flagship Paris store, showcasing a carefully cu…
Shake Shack Offers Free Burgers With Purchase During Holiday Promotion Shake Shack Offers Free Burgers With Purchase During Holiday Promotion
Shake Shack Offers Free Burgers With Purchase During Holiday Promotion Shake Shack is launching a limited-time promotion offering free burgers with a qualifying purchase during the holiday season.  The “Holiday Burger Blitz” will run from Monday, Dec. 16, to Tuesday, Dec. 24, providing customers with a free burger each day when they spend a minimum of $10 and use the code BURGERBLITZ at checkout. The promotion features a different burger each day, including popular items like the ShackBurger, SmokeShack, and Avocado Bacon Burger. The schedule for the free offerings is as follows: Monday, Dec. 16: ShackBurger Tuesday, Dec. 17: SmokeShack Wednesday, Dec. …
New Licensed Pot Dispensary Opens In Region New Licensed Pot Dispensary Opens In Region
New Licensed Pot Dispensary Opens In Region A new pot shop is set to elevate the cannabis retail experience in a town in the region as its first state-licensed recreational dispensary. The new store, Dutchess Roots, located in the Town of Poughkeepsie, broke ground on Monday, Nov. 25, at 2615 South Road. The dispensary is nestled behind Buff City Soap and opposite The Yoga House, with plans to open its doors in Spring 2025. Town Supervisor Rebecca Edwards expressed enthusiasm for the new venture and stressed the town's commitment to regulated and safe cannabis sales.  Officials said Dutchess Roots aims to integrate into the co…
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says A Macy’s employee misstated up to $154 million in delivery expenses over several years, the company just said. The development forced the retailer to delay its third-quarter earnings report. The employee, whose name has not been released, has been fired. According to the company, the employee responsible for accounting small package delivery expenses made erroneous accrual entries to conceal the costs from the fourth quarter of 2021 through the most recent quarter. During that time, Macy’s reported a total of $4.36 billion in delivery expenses. The company conducted an independent investi…
Advance Auto Parts To Close Over 700 Stores Advance Auto Parts To Close Over 700 Stores
Advance Auto Parts To Close Over 700 Stores A nationwide auto parts retailers says it will close over 700 stores as part of “a strategic plan to improve business performance.” Advance Auto Parts, which has about 4,800 total stores, and locations in almost every state, made the announcement on Thursday, Nov. 14. The affected outlets will close by May 2025 and are made up of 523 corporate stores, and 204 independently owned locations. In addition, four distribution centers will also close. Specific locations to be closed have not yet been announced. In announcing the move, President and Chief Executive Officer Shane O’Kelly said…
Walgreens To Close 1,200 Stores Walgreens To Close 1,200 Stores
Walgreens To Close 1,200 Stores Walgreens plans to close about 1,200 stores over three years amid a decline in prescription drug payments and a rise in online competition. About 500 closures will come in 2025, the company announced in a statement released Tuesday morning, Oct. 15. Specific sites for store closures were not announced. Walgreens said its operating loss in fiscal 2024 was $14.1 billion, an increase of 104.5 percent compared to the year-ago period. Retail sales decreased 3.5 percent compared with the year-ago quarter, "reflecting a challenging retail environment and continued channel shift," Walgreens s…
7-Eleven To Close Hundreds Of Stores 7-Eleven To Close Hundreds Of Stores
7-Eleven To Close Hundreds Of Stores Convenience store chain 7-Eleven is closing hundreds of stores in North America. Parent company Seven & I Holdings said that the 444 locations were “underperforming.” They make up about 3 percent of 7-Eleven's total of around 13,000 outlets in the US, Canada, and Mexico. Specific sites of the stores have not yet been released. In announcing the closures, the company said that 7-Eleven stores saw a 7.3 percent decline in traffic in August, saying a "pullback in consumer spending has persisted beyond prior expectations" that has affected store traffic and sales growth "as consu…
Spirit Halloween Opening 10 Spirit Christmas Stores, Including 1 In Capital Region Spirit Halloween Opening 10 Spirit Christmas Stores, Including 1 In Capital Region
Spirit Halloween Opening 10 Spirit Christmas Stores, Including 1 In Capital Region Spirit Halloween is decking the halls with Spirit Christmas. The pop-up Halloween costume and decor company is opening 10 Spirit Christmas stores across New York, New Jersey, Massachusetts, and Connecticut (scroll for a list of locations). "Each store offers a unique shopping experience, brimming with a vast assortment of holiday décor, apparel, inflatables, gifts, and stocking stuffers," company spokeswoman Nikki Balles said in a statement to Daily Voice.  "Guests can meet Santa for their annual Christmas card photo and receive a free digital postcard featuring you and Santa. Wander …
Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's Rundown   Of NY Closures Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's Rundown   Of NY Closures
Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's Rundown Of NY Closures Discount retail chain Big Lots has filed for bankruptcy as its list of planned store closures expands. It currently has around 1,425 stores nationwide. The company announced on Monday, Sept. 9 that it will sell its assets to an affiliate of private equity firm Nexus Capital Management. In announcing initial store closures late in late July, Big Lots said a bankruptcy filing could be coming. Stores in the Northeast now slated for closure are as follows: New York Delaware Avenue, Buffalo South Ogden Street, Buffalo Route 5 & 20, Canandaigua  Voice Road, Carle Place Centereach …
Store In Region Permanently Closes After 37-Year Run Store In Region Permanently Closes After 37-Year Run
Store In Region Permanently Closes After 37-Year Run After 37 years of business in the region, a popular discount store has decided to close its doors permanently. Located in Ulster County, the Kingston Just-A-Buck and Beyond store at 264 Plaza Road in Kingston Plaza said it has decided to close this location.  "We are so grateful for the wonderful staff and customers we have met and shared the last 37 years with," store officials said. "We will surely miss you all. Much thanks for all of your support throughout the years, it has been greatly appreciated." The store held deep discount sales until the final day in the last week of Augus…