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The brands we lost in 2025

By Jordan Valinsky, CNN New York (CNN) — In 2025, shoppers said farewell to a number of well-known retailers. Forever 21 didn’t live up to its name. The celebrations ended at Party City. And it all went wrong for Rite Aid. These stores were just some of the roughly 8,200 locations that shut their doors

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A Lululemon store in Austin

The barbarians are at Lululemon’s gate

By Jordan Valinsky, CNN New York (CNN) — Lululemon’s former CEO Chip Wilson is once again slamming the struggling company he founded, and he’s launching a campaign to shake up its board. Wilson, Lululemon’s controversial founder and second largest shareholder, announced Monday that he nominated three new directors, including former executives from ESPN and Activision,

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Shoppers carry bags in Los Angeles on August 28.

The US economy expanded at the fastest pace in two years as wealthier Americans kept spending

By Elisabeth Buchwald, CNN (CNN) — An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years. An acceleration

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