Retail

• Marshalls closes Hollywood and San José outlets - The discount retailer Marshalls has closed locations in Hollywood and San José, impacting more than 120 employees.
• A tale of two Ralphs — Lauren and the supermarket — shows the reality of a K-shaped economy - This holiday season, experts are using a K-shaped model to describe an economy in which the gap between the highest and lowest earners is growing.
• Costco sues Trump administration to pause tariffs, refund payments - The discount retailer, a big importer, wants the U.S. government to stop imposing tariffs until the Supreme Court weighs in on the legality of Trump's executive orders.