Michelle Chapman, Associated Press
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The discount grocery chain Aldi is expanding rapidly and plans to open more than 180 U.S. stores this year as more Americans skip nights out at restaurants and cook at home due to anxiety over the nation's economy. The chain, with U.S. operations based outside of the Chicago, went on an expansion tear soon after inflation began to spike in 2021 and opened a record number of new stores last year.
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Spirit Airlines is rebuffing the latest takeover offer from Frontier Group, with the discount airline saying that it prefers focusing on its current reorganization plan. Spirit said that it believes that its restructuring will provide more value to stakeholders.