When a retail chain engages a liquidation firm, it typically signals the end of the road. While some brands may return in a different form, such as David’s Bridal, many well-known retailers like Christmas Tree Shops, Tuesday Morning, and Bed Bath & Beyond have closed their doors permanently after hiring liquidation firms to manage asset…
The San Jose Police Department (SJPD) is investigating a tragic collision that resulted in the death of a female pedestrian on Tuesday evening. The incident took place at 6:31 p.m. at the intersection of South Fifth and East Fernando streets, where a male driver in a 2018 silver Nissan Sentra struck the woman as she…
A jury has found former Alameda County sheriff’s deputy Devin Williams guilty of first-degree murder in the tragic shooting deaths of a Dublin couple, Maria and Benison Tran. The verdict, delivered on October 3, comes nearly a year after the couple was killed in their home on September 7, 2022. At the time of the…
A shooting in Watsonville that resulted in the deaths of two men has been labeled a “targeted attack” by the Santa Cruz County Sheriff’s Office. The incident took place just before 1 a.m. on Friday in a quiet farming area located on the 700 block of Carlton Road, outside Watsonville. Deputies are currently working to…
According to The Street, Building a business around a trend can be a double-edged sword. While some trends can generate excitement and initial sales, they often come with the risk of shifting consumer tastes or the possibility of a fad ending abruptly. A notable example is the self-serve frozen yogurt craze, which saw many entrepreneurs…
According to The Street, Peloton has made headlines for its impressive rise during the pandemic, but it has also faced challenges as gyms reopened. Contrary to some speculation, Peloton has confirmed that it is not filing for Chapter 11 bankruptcy and has the necessary capital to meet its strategic objectives. When gyms closed due to…
According to The Street, High inflation, rising interest rates, supply chain issues, and shifting consumer attitudes over the past year have significantly affected furniture retailers, forcing several companies into bankruptcy and, in some cases, leading to store closures. These pressures have created a challenging environment for brands already operating on thin margins. Z Gallerie Files…
According to The Street, The past year has been a retail bloodbath, primarily due to the Covid-19 pandemic, which forced many non-essential retailers to take on significant debt. During lockdowns, these retailers experienced months of minimal revenue while still being obligated to pay rent and salaries. Challenges for Smaller Chains The challenges were particularly pronounced…
According to Marca, CalFresh is California’s version of the federal Supplemental Nutrition Assistance Program (SNAP), providing monthly financial assistance to low-income individuals and families for purchasing nutritious food. Approximately 4.8 million Californians rely on CalFresh benefits, making California the state with the largest number of SNAP recipients. Nationwide, around 42 million people participate in the…
According to The Street, Competing in the footwear space has traditionally been incredibly hard. In the casual and sneaker markets, Nike has dominated so thoroughly that establishing a successful shoe company often requires finding a unique niche. However, even when carving out that niche, companies still compete for mindshare and shelf space against much larger…