U.S. bank Citigroup said on Tuesday it is exiting the Net-Zero Banking Alliance (NZBA), a group of global banks that have pledged to curb greenhouse gas emissions.

The sputtering U.S. housing market is in turn hurting businesses that depend on Americans spending to furnish their new homes, The Wall Street Journal reports. Retail store closures outpaced store ...

Leases for four Party City stores in Central Ohio will hit the auction block after the New Jersey retailer announced plans to ...

Retailers, restaurants, and airlines among the notable bankruptcies of 2024. Inflation, changing trends, and cyberattacks ...

Big Lots, which had earlier said all of its stores would close, announced the transfer of between 200-400 stores to Variety ...

The sputtering U.S. housing market is hurting the businesses that depend on Americans opening their wallets to fix up and ...

The company that is taking over some of the stores, Variety Wholesalers, operates out of Hendersonville, North Carolina, and owns more than 400 chains including Roses, Roses Express, Maxway, Bill's ...

Under the transaction, Variety Wholesalers would acquire at least 200 stores and up to two distribution centers, saving jobs in the process.