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Black Wall Street returns to New Haven as weeklong festival of business, culture
Get ready, Black Wall Street in New Haven is going big this year. The one-day event is returning for a third year as a weeklong festival. “When you pour into the community, the community will pour back into you,” said Adriane Jefferson, the city’s Director of Cultural Affairs, as she thanked the numerous event sponsors on Wednesday. The week...
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Costco will begin scanning customer membership cards upon entering store. What to know
Next time you shop at Costco, don’t be surprised if you’re asked to scan your membership card rather than showing it to the employee at the entrance.
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Google loses massive antitrust case over its search dominance in ruling that could change the internet
A judge on Monday ruled that Google’s ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world’s best-known companies.
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17-year-old student won $10,000 and used it to fund her Amazon side hustle — now it brings in $71,000 a month
Bella Lin’s side hustle GuineaLoft sells cages and small pet accessories on Amazon. Here’s how she doubled her sales.
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FTC launches probe into ‘surveillance pricing' that it says links cost to customer data
The agency is seeking more information about how AI is used to change pricing rapidly based on data about customer behavior and characteristics.
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Big Lots closing three CT locations as questions loom about retailer's future
Big Lots is preparing to close dozens of stores, including several in Connecticut, as financial issues bring the retailer’s future into question. The discount retailer announced in its quarterly report last month that it expects to shutter as many as 40 of its stores nationwide by the end of the year. The retailer’s website reveals that the wave of...
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Walmart revamps its young adult clothing line in pursuit of fashion credibility
The retooling of the No Boundaries label is part of a strategy to get customers to think of Walmart as a place to buy cool clothes.
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Five Stop & Shop stores in Connecticut to close
The company that owns Stop & Shop announced Friday that it will be closing 32 underperforming stores, including five in Connecticut, by the end of the year.
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Five Stop & Shop markets in Connecticut to close
Stop & Shop is closing 32 stores, including five in Connecticut, by the end of the year. The 32 stores, which the company said are underperforming, will close on or before Nov. 2, according to a news release that was issued on Friday morning. Stop & Shop said employees at impacted locations will be offered other opportunities within the company….
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Costco hikes membership fee for the first time since 2017
Costco will hike its annual membership fees by $5 in the U.S. and Canada starting Sept. 1.
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Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
The deal will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’ namesake department store chain and Bergdorf Goodman.
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Major discounts as Bob's Stores prepares to go out of business
Although the impending closure of all Bob’s Stores came as a shock to many Connecticut shoppers, customers are making the most of the chain’s going-out-of-business deals as the company looks to liquidate its inventory after filing for bankruptcy.
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What to know about the closing of all Bob's Stores
All Bob’s Stores locations will be closing this month and all inventory will be liquidated, according to the parent company. Here’s what you need to know about the future of the business, the going out-of-business sales, gift cards and more. The final day of operation is to be determined. Going-out-of-business sales are now underway for all stores that are...
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Walgreens to take a hard look at underperforming stores, could shutter hundreds more
Walgreens is finalizing a plan to fix its U.S. business that could result in closing hundreds of additional stores over the next three years.
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Mallrats rejoice: Limited Too teases a comeback next month
Limited Too, the tween retailer spun off from the adult edition The Limited, is making a comeback next month. A social media account for the brand confirmed in an Instagram post that its relaunching in July, thought it’s not clear whether the brand will be opening its own brick-and-mortar stores or an e-commerce site. “Here to tell you this...
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Bob's Stores in Hamden and Southington to close
The Bob’s Stores in Hamden and Southington are closing. A company spokesperson said Bob’s Stores and Eastern Mountain Sports “are in the midst of making aggressive changes to ensure the future health of our company” and they will close 10 underperforming stores. A company spokesperson said they are working to relocate as many employees as possible from these locations...
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Constance Marie shares the biggest business lesson she's learned as an actress
“I’ve learned that Hollywood is missing out on billions of dollars by not marketing to the Latino community,” actress Constance Marie said.
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How private equity rolled Red Lobster
After Red Lobster filed for bankruptcy, some analysts say the root of its woes was not the endless shrimp promotions but a financing technique favored by a powerful force in the financial industry known as private equity.
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Red Lobster files for bankruptcy
Red Lobster is filing for Chapter 11 bankruptcy protection shortly after closing some of its restaurants.
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Local man living with autism achieves dreams through two small businesses
Joe Gillotti works at Prospector Theatre in Ridgefield and has also launched his own embroidery business.