At a time when off-price retail, or the business of selling name brand products at a discount, is hotter than ever, luxury retailer Neiman Marcus is cool on it: it’s shutting most of its Last Call off-price discount stores to double down on its full-priced luxury business …
See Original Article

Leave it to the brewery that made Summer Shandy a nationwide trend to figure out how to put its own spin on hard seltzer. Leinenkugel Brewing in Chippewa Falls recently introduced Leinie Spritzen, a beverage characterized as “beer with a splash of seltzer.”.
See Original Article

Modell’s Sporting Goods Inc. filed for bankruptcy on Wednesday and said it plans to shutter all its stores, a stark outcome even considering the challenges facing today’s bricks-and-mortar retailers. A fixture in New York and its surrounding suburbs, Modell’s …
See Original Article

Hy-Vee is closing its Market Grille restaurants and will transition them into Wahlburgers restaurants by early summer. The popular grocery chain has 21 Market Grille locations across five states, including at the Prairie Trail Hy-Vee in Ankeny, Mills Civic in West …
See Original Article

The top U.S. bankers sought to tamp down concerns that the wild stock market gyrations caused by the coronavirus would send the economy into a tailspin, telling President Donald Trump that the pandemic isn’t a repeat of the 2008 meltdown. “This is not a …
See Original Article