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PIRCH's Downfall: Sudden Store Closures Precede Emergency Bankruptcy Amid Financial Turmoil

Luxury retailer Pirch abruptly closes stores and files for Chapter 7 bankruptcy amid financial struggles and operational shutdown.

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Empty restaurant

Two Bucks Crisis: Iconic Chain Restaurant to Close Most Outlets Amid Financial Struggles

Two Bucks to close most locations amid financial woes, leaving only two branches open.

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Lobster

Red Lobster in Financial Crisis: Bankruptcy Consideration Amid Growing Fears

Red Lobster faces bankruptcy to manage high debts and keep operating amid losses and investor pullout concerns.

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Dollar Tree to Slash Store Count by Nearly 1,000 Amidst Financial Turmoil and $1 Billion in Charges

Dollar Tree closing 1,000 stores amid losses and $1B charges, but plans growth and profitability improvements.

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The Body Shop Shuts Down US Operations Amid Global Financial Strain

The Body Shop ends US operations amid financial woes, closing all stores as global strains hit. Canadian stores also face cuts, reflecting wider challenges.

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Mainline Pharmacy to Close Most Outlets, Citing Financial Struggles with Benefit Managers

Mainline Pharmacy to close most stores due to financial issues from underpayments by pharmacy benefit managers, impacting community access.

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PepsiCo

How Frito-Lay Became PepsiCo's Secret to Financial Success

Frito-Lay boosts PepsiCo's success, rivaling beverage sales with significant revenue and profits and showcasing strategic diversification.

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Bank of America Plaza at Dallas

Financial Hub Rankings: Dallas Climbs Above Chicago and LA in Industry Employment

Dallas emerges as a major financial hub, surpassing Chicago and LA in finance jobs, attracting big banks and firms, and showing robust growth.

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Desperate Business man

Franchisee Financial Woes: How Bankruptcy Affects Franchise Agreements

Franchise bankruptcy rises, with a 13% increase in overall cases and a 30% surge in business bankruptcies by September 2023, revealing the complexity of franchise agreements in bankruptcy scenarios.

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Petition for Bankruptcy

Iconic Mall Owner Files Chapter 11 Bankruptcy for Financial Protection

Mall owner PREIT files Chapter 11 bankruptcy protection again, plans asset sale, aims for $880M debt cut, and focuses on strategic restructuring.

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Just In

Hy-Vee Confirms Closure of Two Stores in Coming Weeks, Sparking Food Desert Concerns in Affected Areas

Grocery

MINISO Debuts First IP Collection Store in the US at New Jersey's American Dream Mall

Opening Miniso Store

Iconic Sandwich Chain J's Steaks and Subs Confirms Closure of Multiple Locations, Leaves One Remaining

A woman holding a sandwich

Express Shuts Down 11 Stores, Offers Massive Discounts Following Bankruptcy Filing

Woman standing inside a clothing area

Raydiant and Shaquille O'Neal's Big Chicken Join Forces to Elevate In-Store Dining Experience

Fried Chicken

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1

Taco John Fans Say Goodbye as 400 Locations Close Doors for Good

Tacos on a tray

2

Hy-Vee Confirms Closure of Two Stores in Coming Weeks, Sparking Food Desert Concerns in Affected Areas

Grocery

3

Denny's Delights: New Menu Item Wins Over Fans with Tasty and Nutritious Options

breakfast dishes

4

Whole Foods Announces Plans for 30 New Stores, Leveraging New Tech and Processes

Whole Food Market

5

El Pollo Loco to Launch Comprehensive Brand Revamp, Enhancing Drive Thru and More

Women eating
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