Walmart is closing four stores in Chicago, cutting its footprint in half in the third-largest U.S. city after years of mounting losses. The closings mark a retreat for the nation's largest retailer, which faces tough competition in Chicago from the likes of Target, Albertsons, and Aldi. Walmart said it had tried and failed to improve its performance by building smaller stores, localizing its merchandise offerings, and investing $70 million in recent years on store upgrades.
Lauren Brody, author of "The Fifth Trimester," joined Cheddar to talk about the ongoing fight for a national paid family leave policy after it was cut from the Democratic reconciliation bill negotiation reportedly due to objections from Senator Manchin. Brody discussed how parents are often forced to choose between work and caring for their family and newborns — or even taking time to deal with a traumatic loss. "Frankly, it's appalling to me that we live in a place that doesn't support people who have experienced the death of a baby and then had to go right back to work," she noted.
American Airlines canceled more than 1,700 flights over the weekend and more than 300 on Monday morning. The carrier's COO cited high-wind weather conditions at its Dallas/Fort Worth hub as well as ongoing staffing issues.
Carlo's flying solo today, talking COP26 and climate change, another racially charged trial gets underway, SCOTUS takes on abortion and a stunning rise in traffic deaths points to a bigger societal breakdown sparked by the pandemic.
Deren Baker, CEO of Edge by Ascential, previews what to expect from Amazon given supply chain disruptions and discusses why it's important to focus on Amazon's non-retail sector sales.