Big Lots strikes deal to keep hundreds of US stores open

Big Lots has reached an agreement to keep hundreds of its stores open following its bankruptcy filing in September.

New California law will eliminate ATM overdraft fees

Assembly Bill 2017 aims to protect consumers from paying a fee when withdrawals are declined immediately.

These US retailers and restaurants fell to bankruptcies, closings in 2024

The Container Store and Party City join Macy's, Stop & Shop, Big Lots and a handful of national pharmacy chains that are rolling up the sidewalks as a divide rocks the retail world.

These retailers are closing stores in 2025

Major retailers are shutting down stores nationwide next year as the companies try to adjust their business operations and slash costs amid changes in the industry.

Nordstrom to be acquired by Nordstrom family and a Mexican retail group for $6.25 billion

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group for $6.25 billion, the company said Monday.

The Container Store files for Chapter 11 bankruptcy

The Container Store has filed for bankruptcy amid a weaker housing market and a growing availability of cheaper alternatives.

Beloved donut shop in Castro Valley closes after nearly 40 years

A beloved, family-run business called Rudy's Donut House in the East Bay closed for good Sunday after nearly 40 years at its location on Castro Valley Boulevard. 

Big Lots to start 'going out of business' sale at all remaining locations

Popular retail chain, Big Lots, announced plans for a going out of business ("GOB") sale at all remaining store locations in the coming days.

ABC, Trump settle defamation lawsuit

ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a defamation lawsuit.

Albertsons gives up on Kroger merger, files lawsuit against grocery chain

This comes a day after the proposed merger between the supermarket giants floundered after judges overseeing two separate cases both halted the deal.

Proposed merger of Kroger, Albertsons is halted by federal, WA judges

The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the merger.

New California laws going into effect in 2025

New California laws go into effect on Jan. 1, 2025, including one on overdraft fees and several to combat retail theft.

China announces ban on rare minerals to US: What that means for you

The Chinese Commerce Ministry made the move after the U.S. expanded a list of Chinese companies subject to export controls like computer chip-making equipment and software.