Business News

Nearly 2,400 stores are closing across the US in 2023. Here’s the full list.

5 min read
Store closing signs at a checkout counter of a Bed Bath and Beyond.

Bed Bath & Beyond closed 896 stores in 2023.Ben Tobin

  • More than a dozen major retailers have said they will close US stores in 2023, a combined total of 2,373 locations.

  • Amazon, Bath & Body Works, Walmart, and Foot Locker are among the chains shutting down stores.

  • Bed Bath & Beyond closed 896 locations amid bankruptcy — the most of any retailer on the list.

It’s not exactly the retail apocalypse of prior years, but it’s still a shakeup.

An Insider tally of announcements by major retailers in 2023 finds as many as 2,373 stores set to close across

Business News

Job creation numbers are deceptive

7 min read

MUNCIE, Ind. — Business news is filled with new job creation numbers. Every new business with more than a few employees will get coverage in local papers, and larger firms will make statewide news. Typically, reporters will write about the industry growth patterns, why the firm says it chose its new location and often a quote from a local elected leader or economic development official. If it is a really big announcement or an unusual industry, the thoughts of an economist might even make the news.

Michael Hicks

Michael Hicks

These are important and popular news stories. It is natural that we

Business News

Aretha Franklin’s Wills Dispute – Rickard & Associates

3 min read

If you have been following the news, you may have seen that there is a dispute regarding Aretha Franklin’s estate plan. Her sons are in court fighting over her estate and multiple wills.

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Aretha Franklin died in 2018, and because she did not have a trust, she wills went through probate court where they are being disputed by her sons.

A Will from 2014 and two Wills from 2010 were

Business News

Businesses expect slowing prices, wage increases: BoC survey – Business News

3 min read

Businesses continue to expect wage and price increases to be larger than normal, but they are shifting to closer to what they were before the pandemic, a new survey by the Bank of Canada suggests.

In its business outlook survey released Friday, the central bank said for the first time since the beginning of the pandemic businesses on balance expected slower wage growth over the next year.

Firms on balance also expected their input and output prices to grow at a slower rate over the next 12 months.

“Although firms still see cost pressures and labor

Business News

The Zacks Analyst Blog Highlights PGT Innovations , Owens Corning, Watsco, James Hardie Industries and Arcosa

7 min read

For Immediate Release

Chicago, IL – July 6, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco, Inc. WSO, James Hardie Industries plc JHX and Arcosa, Inc. ACA.

Here are highlights from Wednesday’s Analyst Blog:

Five Building Product Stocks Up More than 40% Year to Date

The Zacks Construction sector has been displaying strength since the beginning of 2023, despite housing slowdown

Business News

Canadians seeking financial advice from banks left unsatisfied

8 min read

Roughly two-thirds of retail bank customers ‘financially unhealthy,’ the study finds

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As high inflation, rising interest rates and market volatility take a toll on their finances, Canadians are seeking advice from their financial institutions, but some banks are not delivering this effectively, according to a new study.

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Business News

United CEO apologizes for flying private

3 min read

New York –

United CEO Scott Kirby is apologizing to customers and his own employees after taking a private jet during a week when his airline was canceling thousands of flights.

The airline confirmed Kirby flew from Teterboro Airport in New Jersey to Denver, Colorado, on Wednesday, and that the company did not pay for his flight. Teterboro is about 17 miles from Newark, New Jersey, where one of United’s largest hubs is located and which was the center of the airline’s meltdown this week.

In a statement, Kirby said he regretted that his actions distracted the professionalism of United

Business News

The Dangers of the EHR

3 min read

Electronic Health Records can be an incredibly helpful tool. However, they are not without fault. A recent warning highlights that electronic health records (EHRs) are a top target of cybercriminals. They can also lead to inappropriate billing if they are not set up correctly.

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The Health Sector Cybersecurity Coordination Center (HC3) issued a warning to healthcare entities regarding EHR vulnerabilities and protections.

Protected health information (PHI) continues to hold its …