Store closures hit highest point since the pandemic
Red Lobster was a standout bankruptcy story in 2024. After the restaurant's 2023 Endless Shrimp fiasco reportedly cost it $11 million, the company declared bankruptcy in May of 2024. The chain was ...
Baltimore-area Party City leases will be auctioned as retailer shuts down
Leases for Baltimore-area Party City stores will go to auction next month as the troubled, 40-year-old retailer shuts down.
Floor8h
Soft Housing Market Negatively Impacts Many Businesses, Flooring Included
“Retailers announced more U.S. store closures than openings in 2024, according to data firm Coresight Research, reversing a ...
The Montgomery Advertiser on MSN13h
Big Lots to lay off nearly 500 Alabama distribution center workers
Almost 500 Big Lots employees in Montgomery will be out of a job by mid-January. A recent WARN notice — postings which are ...
Hosted on MSN15h
Las Vegas teachers lament loss of major retail chain amid signs of life
Las Vegas teachers lamented the closing sale of Big Lots, a big box bargain retail chain, but their expression of grief might ...