How to stop your favorite retailer from pulling a Blockbuster
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We take a closer look at what's been done with stores like J.C. Penney, Petco and Guitar Center to keep them in business when they're at risk of failing. Plus, another key inflation gauge shows prices are rising. And, add the Colonial Pipeline shutdown to the list of challenges truck drivers have been facing over the past year.
Segments From this episode
What life has been like for truck drivers amid the pandemic and recent fuel pipeline shutdown
Marketplace's Andy Uhler reports.
More data on U.S. prices, more signs of inflation
Wholesale prices, driven by escalating costs for services and food, jumped 0.6% in April. What does that say about inflation in the U.S.? "It's a more severe case in the early stages than I think anyone reasonably expected," said Mark Hamrick, senior economic analyst for Bankrate.com. The big question, of course, is whether this will be sustained, Hamrick said, and whether it causes the Federal Reserve to change course when it comes to policy on interest rates. The Fed has said that price increases will be temporary.
What happens when a store starts to die?
From Victoria's Secret to J.C. Penney, struggling retailers have taken a couple of different paths to try to remain in business.
David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Meredith Garretson Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer