Big Lots Inc. News
This Company Had to Close a Warehouse for a Really Gross Reason
Family Dollar had to shut down over 400 stores and a distribution center in Arkansas due to this problem.
Here’s What Will Be Open And Closed on Memorial Day
Rite Aid, Best Buy and Pizza Hut will be open. Not so much with the Stock Market, though.
Stock Market Today - 5/27: Stocks End Sharply Higher, Post Weekly Gains On 'Fed Pause' Bets
U.S. stocks posted strong weekly gains as slowing inflation data encouraged investors to bet on a pause in the Fed's rate hike strategy later this year.
Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending
"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.
Inflation Is Coming Even For The Dollar Stores
Food prices have been climbing at dollar and discount stores.
Breaking News
Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
Summers, Others Cite Growing Chance of Recession
GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.
Coinbase Faces A New Scandal
The platform denies selling proprietary customer data and announces it is expanding into several European countries.