David's Bridal, which says it sells one of every three wedding dresses in the U.S., is once again in financial trouble. The company is said to be considering a bankruptcy filing, which would be its second in five years. "The company has been working with the investment bank Houlihan Lokey to explore a sale, which could be included as part of a bankruptcy filing, according to one of the people, who spoke on the condition of anonymity to discuss internal deliberations," per The New York Times. 

The food industry has had its share of flops over the years, like Kellogg's OJ's orange-flavored breakfast cereal or McDonald's Arch Deluxe. "For every massive hit like the Popeye's chicken sandwich, the food industry produces countless duds," per CNBC. "But not all swings-and-misses are created equal. Some are reviled by customers, while others don't sell well enough to justify the millions that were sunk into their research and development."

With an expanded reach, public voting is now open for the National Hockey League's 2023 Willie O’Ree Community Hero Award. "With the program now in its seventh season, award winners will be named in both Canada and the United States for the first time this year," per Forbes. "Each will be chosen from a pool of three finalists." Since 2018, the award has been presented annually to an individual who has positively impacted his or her community, culture or society through the sport of hockey. It was named after Willie O’Ree, who became the first Black player to compete in …

Ecommerce grocery platform Boxed Inc. filed for Chapter 11 bankruptcy protection and was pursuing sale of its software business. The company said it will wind down its retail operations in the coming weeks. "The plan to sell Spresso, its Software-as-a-Service business, chimes with the company's announcement last month to explore options to raise capital," per Reuters. "The bankruptcy filing comes weeks after Boxed said it held a majority of its cash deposits and other liquid assets in accounts at the collapsed Silicon Valley Bank."

Along with an hourly salary, the LeBron James-owned Starbucks in his hometown of Akron, Ohio offers its 46 employees valuable job-training certificates for the hospitality industry. “It’s an entirely new way to think about job training, which is typically done at community colleges and vocational schools where the students aren’t being paid for the pieces of paper they get that they hope one day opens a door for them into the career field of their choice,” per The Athletic. “The coffee store is located in a refurbished, locally famous nightclub and banquet hall that James’ charitable foundation purchased in …

In just the first three months of 2023, nearly 2,000 store closures have been announced in the U.S. and Canada at fashion stores, Bath & Body Works, CVS, Best Buy, Staples and Office Depot. "Inflation and layoffs are some of the big storylines that could lead to even more closures," per Sourciing Journal. "In 2020, Covid sparked over 11,000 fashion-related store closings, most of which came from bankruptcies. Retailers could find themselves thinning the store herd if conditions continue to decline this year."