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BUSINESS

Messi Builds A Soccer Ownership Portfolio: Why He Purchased Eldense

September 9, 2026 MMN Editor Filed Under: Uncategorized

The second Spanish club in Messi’s growing portfolio suggests his ownership ambitions are already taking shape.

Andy Roddick Goes Undercover At The U.S. Open As American Men Chase History

September 9, 2026 MMN Editor Filed Under: Uncategorized

Together, “Danny” and “Manny” went undercover to surprise New Yorkers and tennis fans on their way to the U.S. Open.

These are the 10 biggest retirement fears — and what you can do about them

September 9, 2026 MMN Editor Filed Under: Uncategorized

No amount of wealth can erase retirement worries.

Oil at $100? Why you should always have energy stocks in your 401(k).

September 9, 2026 MMN Editor Filed Under: Uncategorized

Energy and resource stocks have zigged while the market has zagged.

Shein rival confirms plans for major U.S. store expansion

September 9, 2026 MMN Editor Filed Under: Uncategorized

Chinese e-commerce giants such as Shein and Temu have reshaped the retail landscape amid economic uncertainty, higher prices, and cautious consumer spending by offering shoppers a wide range of products at extremely low prices.

Their growth has prompted established companies such as Amazon, Target, and Walmart to invest in strategies like third-party marketplaces, supply chain infrastructure, and digital tools to keep pace with changing consumer habits.

Now, one online-first fashion retailer is taking a different approach. While many established brands have been reassessing their physical footprints and closing underperforming stores, this e-commerce fashion company is moving in the opposite direction by expanding its brick-and-mortar presence in the U.S.

Founded in 2020 as an online-first womenswear brand, Cider has built its business around affordable, trend-driven fashion and a digital-focused shopping experience.

Cider opens its second physical U.S. store

Cider opened its second permanent U.S. retail location on September 4, 2026, at Westfield Valley Fair in San Jose, California. The 11,269-square-foot store is located at 2855 Stevens Creek Blvd., Space No. 2411.

The location combines Cider’s digital-focused approach with an in-person shopping experience. Features include digital fitting-room check-in, smart checkout technology, interactive content areas, and architectural elements designed to encourage customers to engage with the brand both in-store and online.

The company says the San Jose location was chosen in part because of the area’s fashion and technology culture and its large population of Gen Z and young millennial consumers.

“With this opening, we wanted to create more than a store. We wanted to build a space where customers can discover new styles, create content, connect with one another, and experience the Cider community in real life,” Cider Co-Founder Fenco Lin said in a company announcement.

Cider expands its physical retail presence in the U.S.

Cider’s latest opening follows the debut of its first permanent physical store at 6333 W. 3rd St., Suite P-20 in Los Angeles, California.

According to the company, more than 13,000 customers visited the Los Angeles store during the opening weekend.

The online-first retailer is now moving ahead with another location. Cider plans to open a third U.S. store at Los Cerritos Center in Cerritos, California, in November 2026.

The expansion marks a notable shift for a company that built its business primarily through digital channels. Cider’s new stores are designed to give customers another way to interact with the brand while bringing elements of its digital-focused shopping experience into physical retail.

Cider opens its second physical store in the U.S. as part of its major expansion strategy.Cider

Why Cider is opening brick-and-mortar stores

Cider is not the only online-first retailer experimenting with physical retail. As e-commerce becomes more established, some digital brands are turning to stores to build brand awareness, create in-person experiences, and give customers another way to interact with their products.

Shein, one of Cider’s largest fast-fashion competitors, has also tested physical retail. The company opened its first permanent brick-and-mortar store at the BHV department store in Paris, France, in November 2025.

That partnership ended seven months later after Shein faced backlash in France, including protests, boycotts, and regulatory scrutiny. BHV and Shein ended their partnership in June 2026, Reuters reported.

Shein does not currently operate permanent stores in the U.S., although it has used temporary pop-up locations in major cities.

For Cider, the expansion is making physical retail a growing part of its U.S. strategy. With a second permanent store now open and a third location planned, the company is continuing to expand its physical presence alongside its digital operations.

Retailers reassess their physical footprints

Cider’s expansion comes as many traditional retailers take a more selective approach to their store networks.

Slower industry growth, shifting consumer behavior, and higher operating costs have made store productivity and the strategic value of individual locations increasingly important for many companies.

The broader fashion industry is also facing a challenging environment. According to the McKinsey & Company State of Fashion 2026 Report, global fashion industry growth is expected to remain in the low single digits in 2026 amid macroeconomic volatility, tariff pressures, and weaker consumer sentiment.

At the same time, e-commerce continues to account for a significant share of retail spending. According to the U.S. Census Bureau, e-commerce sales represented 17.1% of total U.S. retail sales in the second quarter of 2026.

But the continued importance of physical stores shows that online shopping has not eliminated the need for brick-and-mortar retail. Capital One Shopping estimates that 45% of consumers primarily shop in stores and that 80.4% of retail sales are expected to take place in brick-and-mortar stores in 2026.

That dynamic is changing what consumers and retailers expect from physical locations. As more transactions move online, stores increasingly have to offer more than just a place to complete a purchase.

Here’s some of my previous coverage of store closures:

172-year-old luxury giant exits entire market

Discount retailer quietly closes another store

Fashion giant keeps closing stores

Harvard Business Review research found that stores that create lasting value are built around customer needs that digital channels cannot address as effectively.

“The goal is not simply to open more stores. It’s to give customers a compelling reason to visit—and the organization a coherent way to make that visit worthwhile,” according the HBR research.

With a third U.S. location planned for November, Cider is continuing to build a physical retail footprint alongside the digital business that established the brand.

Related: Clothing retailer returns to brick and mortar stores after 7 years

Fed rate hike hinges on two key inflation reports in the next two days

September 9, 2026 MMN Editor Filed Under: Uncategorized

Consumer and wholesale prices are rising again. Just how bad does it have to get for the Fed to act?

Amazon’s $110 kitchen island storage cart has a drop-leaf that turns it into a dining table

September 9, 2026 MMN Editor Filed Under: Uncategorized

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.

Why we love this deal

When you’re working with a small kitchen with limited storage and counter space, there are only so many options you can go through. It may not be in everyone’s budget to shell out thousands of dollars for a full kitchen renovation, so if you’re looking for an affordable solution, a moveable kitchen island just might be the answer.  

The Ironck Kitchen Island Table is on sale for only $110 at Amazon. Originally $140, the storage cart is now 21% off. It checks all the boxes for affordable kitchen storage, and it has even more features that make it multifunctional and useful in kitchens and beyond. 

Ironck Kitchen Island Table, $110 (was $140) at Amazon

Courtesy of Amazon

Shop at Amazon

Why do shoppers love it?

Trying to cook or stay organized in a kitchen with limited counter space and cabinets can be a struggle, but a kitchen island, like this Walmart find, can help. Measuring 47.25 inches long by 15.35 inches wide by 35.05 inches high, it fits nicely in small spaces. Its spacious tabletop can be used as extra counter space for prepping ingredients and meals, as well as a place to house small kitchen appliances and decor. The drop-leaf extends the tabletop surface, providing even more space that can be used as a small dining area when paired with two counter-height stools. 

Beneath the tabletop is ample storage, with a drawer and two-door cabinet. The drawer can hold small items, like utensils, and the cabinet can house small appliances, pantry staples, and more. The shelf inside the cabinet is height-adjustable to three levels, providing extra space for taller items if needed. On one side of the cart is a towel rack, and on the other side is a small spice rack with easy access to cooking essentials. 

The kitchen island storage cart has four smooth-rolling casters, making it easy to move around. Two of the casters are lockable, offering extra security to keep it in place.

You can get the kitchen storage in either white or black, both of which are neutral hues that can fit into any kitchen decor style.

Related: Walmart is selling a 3-seat patio swing glider with an adjustable canopy for 44% off

Details to know

Dimensions: 47.25 inches long by 15.35 inches wide by 35.05 inches high.

Colors: White and black.

Material: Engineered wood.

“Since I got this kitchen island, everything has become so much more practical. I love how easy it is to move around,” a shopper said. “Thanks to the wheels, I can place it wherever it works best for me depending on what I’m doing.” They added that the design is beautiful, the storage space is “great,” and “the surface is perfect for preparing food, serving, or even enjoying my coffee in peace.”

Many use this cart in the kitchen, but one reviewer said it’s great for crafting, with a top for workspace, storage for crafting supplies, and the spice rack for tools and glues.

Shop more deals

Ralgend Kitchen Island with Power Outlets, $108 (was $120) at Amazon

Shintenchi Kitchen Island Cart, $99 (was $110) at Amazon

Mahancris Kitchen Island on Wheels, $77 (was $83) at Amazon

The Ironck Kitchen Island Table is on sale for just $110, making it an affordable storage upgrade for small kitchens.

Do Trump’s $45,000 Cash Gifts Violate The Law? Some Legal Experts Think So

September 9, 2026 MMN Editor Filed Under: Uncategorized

Richard W. Painter, a former chief White House ethics lawyer, said Trump’s $45,000 gifts to Natalie Harp and other employees are a “classic case of supplementation of government salary,” which he argued violates federal law.

Treasury to buy back more government bonds than previously announced

September 9, 2026 MMN Editor Filed Under: Uncategorized

First operation goes from $4 billion to $6 billion

Hong Kong Billionaire Peter Woo’s Wharf Sells Singapore Shopping Mall For $245 Million To Royal Holdings, RB Capital

September 9, 2026 MMN Editor Filed Under: Uncategorized

Wharf is selling Scotts Square, a prime shopping mall in the Orchard Road shopping precinct, amid booming demand for commercial properties in Singapore.

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