Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …
Only one Bertucci restaurant remains in New Hampshire after the abrupt closure of two other restaurants in the state on Monday. In the filing, the chain’s parent company cited the impact of COVID-19 and inflation, saying both led to lower sales and higher expenses. In fiscal 2021, the chain suffered an operating loss of $14 …
Bertucci files for Chapter 11 bankruptcy, closure of 2 New Hampshire restaurants Read More »
Sandra Jauregui, center, a fast food worker for 14 years, and other industry workers rally at the State Capitol in Sacramento on Tuesday, Nov. 15, 2022, demanding that fast food companies such as McDonald’s, In- N-Out Burger and Chipotle stop seeking to repeal Assembly Bill 257, which creates a government-run labor council for the industry. …
California restaurants collect 1 million signatures to challenge new fast food labor law Read More »
Record Swap owner Bob Diener at his Lincoln Square store in Urbana says his business has improved threefold since he moved it to the Race Street mall just before the pandemic hit in beginning of 2020. Robin Scholz/The News-Gazette Click here to subscribe. Want to buy today’s print edition? Here is a map of single-copy …
“Things are looking up” for the heart of downtown Urbana Read More »
Customers at a McDonald’s restaurant Scott Mill | CNBC As the restaurant industry battles inflation, the chains’ large size and access to cash give them the upper hand, but independents have their own advantages when dealing with higher costs. Feeling the pressure on their budgets, consumers have reduced their frequentation of restaurants in recent months. …
According to the National Retail Federation (NRF), US retailers entered the holiday shopping season this year with cautious optimism. Earlier this month, the NRF predicted sales this holiday season — the 61 calendar days in November and December — would rise 6% to 8% from 2021 to between $942.6 billion and $960 billion. .4 billion …
MARK-TO-MARKET: Target comments cloud holiday outlook Read More »
