According to THE STREET, The restaurant industry faced severe challenges during the Covid pandemic, which forced many establishments to close their dining rooms and pivot to delivery and takeout models. While some restaurants managed to adapt, others struggled with this transition and did not survive the pandemic’s economic toll. The pandemic’s aftermath has continued to…

According to THE STREET, Sometimes, technology hype doesn’t translate into widespread consumer interest. For tech products to become affordable, they need to achieve mass adoption. Early adopters typically pay premium prices, and as demand grows, costs decrease, leading to broader consumer access. This trend is evident with virtual reality (VR) wearables, where companies like Apple…

According to THE STREET, The home improvement retail industry is grappling with a range of economic pressures affecting various sectors, including furniture, home appliances, consumer electronics, and real estate. Key issues include rising interest rates, persistent price inflation, and declining sales. The real estate market has been particularly hard-hit, with 30-year fixed-rate mortgages climbing from…

According to THE STREET, Some toy brands manage to transcend generations, a rarity in an industry where many fads quickly fade away. Classic toys like LEGO and Mr. Potato Head have maintained their appeal over time, unlike fleeting sensations such as Cabbage Patch Kids, pogs, or Beanie Babies, which have largely disappeared from the spotlight….

According to THE STREET, The retail sector experienced significant bankruptcy filings in 2024, continuing the trend from the previous year. Major retail chains filing for Chapter 11 this year include mall-based clothing retailer Express and fabric and crafts store Joann, both of which remain in business post-bankruptcy. Retail Chains Closing Their Doors However, some retailers…

According to THE SUN, Americans who qualified for a share of Verizon’s recent $100 million settlement may receive their payments soon. Legal complications caused delays, but eligible class members could see their distributions ranging from $15 to $100 as early as December 1, 2024. Payments will be made via check or electronic transfer, based on…

According to THE SUN, Americans impacted by Bosch’s $2 million settlement over defective home appliances could be eligible for payments up to $400. The German company, known for its kitchen and home appliances, is facing a class-action lawsuit concerning its microwaves and ovens. The lawsuit claims these appliances contained defective variable-frequency drive (VFD) control panels,…

According to THE SUN, A group of consumers affected by the Acrisure data breach in 2022 can claim a one-time payout of up to $4,000, but they only have a few weeks to act. Acrisure, a financial technology and insurance brokerage company, has settled a class-action lawsuit after allegations that it failed to protect customer…

According to THE SUN, Americans affected by a data breach involving Group 1001 Insurance have only a couple of weeks left to file a claim. The deadline to submit a claim form is October 10, 2024. Group 1001 Insurance, an insurance and annuity provider with nearly 1,400 employees and over 950,000 customers, has settled a…

According to THE SUN, Americans affected by a recent data breach involving Group 1001 Insurance have a limited time to claim their share of a $4.76 million settlement. The deadline to submit a claim form is October 10, 2024. Those impacted by the breach, which exposed the personal information of approximately 475,000 customers, must act…