At some point, sneakers, which were only about athletic performance, crossed into fashion. Before his wedding, my brother actually told me that he had to tell his friends that they couldn’t wear Jordans with their Hugo Boss tuxedos. Being a bit older than the rest of the wedding party, it never occurred to me that … Read more
The arts and crafts supply retail sector has faced store closures over the past five years for a variety of reasons, ranging from ownership withdrawals to severe financial difficulties. As it emerged from the Covid-19 pandemic, regional crafts retailer Beverly’s Fabric & Crafts, which operated about 40 stores in California for 48 years, closed all … Read more
If you’re old enough to remember Howard’s Appliance back in its heyday, you may be interested to know that the chain suddenly closed all of its Southern California locations and filed for Chapter 11 bankruptcy. And so shortly after Black Friday, you put recent customers who’ve made a purchase in a pickle. “Despite our best … Read more
While a moving target, President Donald Trump’s tariffs have raised the cost of building a new home. “The new fees could increase builder costs anywhere from $7,500 to $10,000 per home,” Rob Dietz, chief economist at the National Association of Home Builders told CNBC, citing estimates from US homebuilders. Last year, the NAHB estimated that … Read more
Usually, when a consumer orders from a credible website, they have little concern about whether the items they buy will eventually show up in their home. That’s a shift from the traditional retail model, where the customer doesn’t pay for an item until they actually have it in their hands. It’s a system that requires … Read more
Once popular buffet chains were disappearing in the restaurant sector when the Covid-19 pandemic led food establishments to adopt stricter food safety guidelines. Food safety awareness during the Covid-19 pandemic has also changed consumer attitudes towards food, leading to the demise of several buffet restaurant chains. Among the buffet chains that will disappear due to … Read more