Hardware wholesaler True Value files for bankruptcy, plans sale to rival

Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is planning to sell by the end of the year to rival Do It Best.

Big Lots to shutter more than 50 retail locations

Big Lots aims to permanently close the doors of more than 50 stores in numerous U.S. states.

TGI Fridays closes a dozen stores across America in just one month

A dozen U.S. TGI Fridays locations have closed in the last month, as the brand also shutters 35 stores in the United Kingdom. Earlier closures this year were due to underperformance.

Walgreens to close 1,200 stores across country

Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround a struggling U.S. business that contributed to a $3 billion quarterly loss.

Could Red Lobster's endless shrimp return? New CEO weighs in

Red Lobster’s new CEO recalled the ‘chaos’ created by the $20 endless shrimp promotion that propelled the company toward bankruptcy.

Pink Floyd sells music for $400 million - see who else has made huge deals

Pink Floyd is the latest to participate in an ongoing trend of big acts and their rights holders making deals to sell their back-catalogs for a big sum. See who else has cashed in.

'We love this community': Sidetrack Bookshop expanding after successful first 2 years in Royal Oak

What started as a plan to open an independent bookstore in Florida a few years ago morphed into creating a Metro Detroit bookshop that quickly became a beloved spot for book lovers – and it doesn't stop there. Sidetrack Bookshop in downtown Royal Oak is expanding.

Will the US port strike raise gas prices? What you need to know

Experts say the U.S. port strike could eventually affect the oil and gas industry. While no immediate disruptions are expected, the real question is whether prolonged strikes could lead to price hikes.

Strike at ports update: 45,000 stop work along East Coast, Gulf docks

A union contract involving 45,000 dockworkers lapsed on Monday, kicking off a strike that could shut down ports across the East and Gulf coasts. Here's how it could impact you.

Port strike looming: What to know and expect

Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.

Tupperware files for bankruptcy: Here’s what to know

Tupperware Brands has filed for Chapter 11 bankruptcy protection amid growing struggles to revitalize its business.

Bobcat Bonnie's launches membership program featuring 50% discount, other perks

Local restaurant chain Bobcat Bonnie's recently launched a new membership program that includes discounts, priority reservations, and other deals.

Target’s car seat trade-in is back: How to get your coupon

Target’s car seat trade-in event has already recycled millions of pounds of materials. Here’s how to participate and what you’ll get.

Aldi to hire 13,000 holiday workers, increasing wages up to $23 an hour

Aldi is hiring thousands of workers for the upcoming holiday season and for the opening of new stores in the U.S., while also increasing its minimum wages to $18 and $23 an hour.

Another restaurant chain files for Chapter 11 bankruptcy

BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.

Simmons & Clark Jewelers survives nearly 100 years as a small business in Detroit

Simmons & Clark Jewelers has been a family business in Detroit for nearly 100 years. Current owner Michael Simmons shared how the store has survived all this time.