Ever since the Great Recession, Americans have started to spend more money each year enjoying the prosperity of a time of economic abundance, but those habits have certainly changed. Even though people are spending more, they are doing so while avoiding retail stores. Americans today are opting for paying for experiences instead of objects, thus […]

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Contestant:  I’ll take American Business Stats for 500. Host: 25,970. Contestant: What is the amount of companies that have filed for bankruptcy up until August 2017. Host: That is correct! You read correctly.  In 8 months, almost 26,000 companies have filed for Chapter 7, 11, 13 or 15 bankruptcies.  Those are actually pretty normal numbers, […]

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Toys “R” Us is one of the largest retailers in the world and probably the most popular toy store in the United States, but this Monday they filed for chapter 11 bankruptcy protection. The news comes as a shock to everyone but they aren’t necessarily that surprising if you have been paying attention for the […]

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