retail industry

After its recent Chapter 11 bankruptcy filing, two locations of the Christmas Tree Shops in Massachusetts were included on a store closure list, according to NBC affiliate WJAR. The two Bay State stores on the closure list are both on Cape Cod — in Bourne and Falmouth — according to WJAR. The news outlet reported that stores in Florida, Georgia,…

If you’ve lived in New England long enough, you know that Christmas Tree Shops is a staple. From kitchen gadgets, to outdoor furniture, toys and even food, the popular Middleboro-based store is reportedly in some financial trouble.

How much shopping did Americans do over the Thanksgiving holiday weekend? Here’s how busy it was, according to the National Retail Federation and Prosper Insights & Analytics.

Many stores will shut their doors on Thanksgiving this year, following a trend that began during the COVID-19 pandemic.

Kohl’s announced that it will close its doors on Thanksgiving Day, joining other major retailers including Target and Best Buy.

Americans are splurging on beauty as they tighten their budgets elsewhere. According to market research company IRI, sales of eye, face and lip makeup has gone up across stores.

Americans at the low end of the income rung are once again struggling to make ends meet. A confluence of factors — the expiration of federal stimulus checks and surging inflation on staples like gas and food — are driving an even bigger wedge between the haves and have-nots. While wealthier shoppers continue to splurge, low-income shoppers have pulled back...