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Another day, another announcement of restaurant closures in the casual-dining space. Earlier this week, FAT Brands filed for Chapter 11 bankruptcy protection. As part of that process, the…
This month, American shopping malls received another nail in the coffin. Francesca’s, the women’s fashion and accessories chain, has reportedly quietly begun shutting down all its stores.…
Exits by notable brands from Cathay Cineplexes to Eggslut likely signal market recalibration rather than a contraction, they say Singapore’s retail and entertainment landscape faced…
Markets are flat early Tuesday in holiday-thinned trading before head of the release of new data on how the U.S. economy fared in the third quarter. Futures for the S&P 500, the Dow Jones…
Say what you will about Crumbl Cookies. It’s always sure to get a reaction. Earlier this month, when a sudden swirl of social media rumors began to suggest that the polarizing bakery chain…
Agrichemicals firm FMC said on Friday (Dec 12) that its board has approved a restructuring plan, aimed at cutting costs, shutting down high-cost plants and shifting production to…
Dick’s Sporting Goods (NYSE: DKS) announced it will close select Foot Locker stores and raised its full-year year outlook, in its third quarter earnings report on Tuesday. While Dick’s has…
Operators grapple with soaring rental costs, persistent manpower shortages, and evolving consumer tastes From private members’ clubs and Michelin-plater restaurants to decades-old heritage…
Last week, Starbucks announced the closure of 1% of its North American stores by the end of 2025, resulting in sudden job losses for hundreds of baristas. The closures are one part of a $1…
PARIS – Swedish fast fashion giant H&M reported a 40 percent jump in operating profit for the third quarter, driven by an improved customer offering, better gross margin and tight cost…
The number of Rite Aid stores marked for closure just hit a grim milestone. In a bankruptcy court filing last week, the ill-fated pharmacy chain disclosed another 123 locations that will…
Community members whose local Kroger stores are on the chopping block are urging the company to reconsider. Residents in cities impacted by the grocery chain’s recent announcement of store…
Rite Aid, whose pharmacies were once ubiquitous across large parts of America, has announced another wave of store closures. This time, the closures encompass more than 100 locations…
The list of Rite Aid store closures continues to grow. As the drugstore chain prepares to sell off its remaining assets in the wake of filing for bankruptcy a second time, the total number…
If you’re an ice cream fan, there’s some bad news: One of America’s most beloved ice cream brands may soon see hundreds of its in-store retail locations vanish just as summer is beginning.…
The Trump administration is dropping plans to terminate leases for 34 offices in the Mine Safety and Health Administration, the agency responsible for enforcing mine safety laws, the…
The list of Rite Aid drugstores marked for closure continues to grow at a furious pace after the ill-fated pharmacy chain filed for bankruptcy a second time. In a court filing last week,…
On June 26, 2020, three months after the coronavirus pandemic had seized the United States, the American Academy of Pediatrics, which represents about sixty-seven thousand pediatric…
The restructuring firm that took control of Big Lots in the wake of its bankruptcy last year appears to be making progress in its effort to transfer some of the discount chain’s ill-fated…
This December 31, Singapore's New Year's Eve festivities are expected to be even more extravagant than in the past. It's safe to assume that the much-anticipated Marina Bay Countdown will…
VOLKSWAGEN’S (VW) CEO and labour boss clashed during a staff meeting on Wednesday (Dec 4), with management pushing for major cuts while workers warned of more strikes if plant closures…
VOLKSWAGEN and unions start negotiations over wide-ranging cost cuts on Wednesday (Sep 25), with tensions between both sides higher than they have been in years. The talks centre on the…
Volkswagen argues that high energy and labour costs in Germany, Europe's top economy, put it at a disadvantage to European peers and Chinese rivals that have set their sights on a big…
