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Starbucks Wins Endorsement from Influential Proxy Advisors Amidst Union Dispute
Advisory firms ISS and Glass Lewis back Starbucks' board nominees against union push, citing the company's responsiveness and strategic focus. The vote is set for March 13.
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Joann Crafts Retailer Nears Bankruptcy Filing, Lenders to Take Control
Joann Crafts may declare bankruptcy next week, aiming for a quick Chapter 11 exit with lender support, amidst a $1.1 billion debt and declining sales.
Shoppers Mourn as Forever 21 and Amy's Hallmark Announce Closures in Kansas City Mall
Forever 21 & Amy's Hallmark closing in Kansas City, alarming shoppers & highlighting retail challenges. Closure dates set, with concerns over future.
Bed Bath & Beyond Shuts Down Nationwide, Declares Bankruptcy
Overstock buys Bed Bath & Beyond’s assets, turning it online-only amid retail shifts & closures. (Photo : Pexels/ChrisPanas) The beloved store chain has struggled for a while, yet there's still some good news for its fans.
Local Favorite vs. Global Giant: City Saints Closes Key Hoboken Spot, Leaving Starbucks to Dominate
City Saints closes in Hoboken, leaving Starbucks as the main coffee choice. The shop cites lease end and shifts focus to wholesale.
Applebee’s Continues Downsizing, Closes Another Veteran Location as Part of Nationwide Cutbacks
Applebee's closes Antioch location, part of nationwide downsizing. No new tenants for the space yet. Company plans major closures.
Burger Chain Burbs Burgers Says Goodbye as Bankruptcy Claims Its Grill
Burbs Burgers in Seattle closes all locations due to bankruptcy, ending an era for Huxley Wallace Collective. Owner Josh Henderson seeks help via Instagram, despite $3.7M in 2023 revenues.
Soft Surroundings Announces Nationwide Store Closures, Shifts Focus to Online Sales
Soft Surroundings closes all stores, shifts to online sales amid bankruptcy. Massive discounts offered. Focus on direct-to-consumer sales.
McDonald's Transforms into WcDonald's for Anime-Inspired Makeover Worldwide
McDonald's becomes WcDonald's globally, embracing anime with a special sauce, manga packaging, and animation collaborations, celebrating fan creativity.
Walmart Takes on Costco with Launch of Mini Food Halls Offering Diverse Dining Options
Walmart challenges Costco with mini food halls, launching diverse dining at Quakertown. Spearheaded by Marc Lore, aiming for upscale dining with local ingredients.
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