Business
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Craft Giant Joann Files for Bankruptcy—Again
Bad news for the crafty crowd, as Joann, the beloved arts and crafts retailer, has filed for bankruptcy. Again. Here’s everything you need to know. Joann Files For Bankruptcy Once one of the country’s largest arts and crafts retailers, Joann…
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Kohl’s Is Closing 27 Stores Across 15 States—Here Is A Full List
It seems the retail apocalypse is rolling into 2025, and Kohl’s is the latest big name making cuts. Here is everything you need to know. Kohl’s Is Downsizing Kohl’s is set to close 27 underperforming stores across 15 states by…
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Costco Recalls Kirkland Cold Medicine Over Contamination Risk
If Kirkland Signature Severe Cold & Flu Plus Congestion medicine is sitting in your medicine cabinet, it’s time to toss it. Costco has yanked it off the shelves due to potential foreign material contamination and advises customers do the same. …
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Costco Opening New Stores Despite DEI Backlash — Here’s All Six Locations
Costco seems just as popular as ever, from its $1.50 hot dog combo to its affordable pharmacy. Recently, some people have taken issue with the chain after the company defended its diversity, equity, and inclusion (also known as DEI) program,…
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Big Lots Closing All But a Few Hundred Stores
Big Lots, a nationwide discount retailer or everything from furniture to fettuccine, has been in the news a lot lately. Back in September, the chain filed for bankruptcy, and it’s been a rollercoaster of emotion for fans of the store…
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Chain Restaurants That Filed for Bankruptcy in 2024
This year was a bloodbath for retail and dining businesses. In the first nine months of 2024, business bankruptcy filings skyrocketed 33.5%, jumping from 17,051 to 22,762. Among those on the chopping block were a few family favorites and chains…
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Stanley Recalls 2.6 Million Travel Mugs After 38 Reported Burn Injuries
Stanley mugs, which have been around for over 100 years but have suddenly become “cool”, have found themselves in the middle of a recall. Some 2.6 million mugs have been…
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Nearly One-Third of U.S. Pharmacies Have Closed Since 2010
If you’ve had a problem filling a prescription lately, this might be the reason. There’s been some bad news in the world of pharmacies of late. According to a new…
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Stoli Vodka Makers File for Bankruptcy — Here’s What It Means for Vodka Drinkers
A beloved brand of vodka is on the rocks (and we don’t mean the beverage itself). Last week Stoli Group USA, the American subsidiary of Stoli Group which produces the…
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Amazon Sued for ‘Fake Discounts’ Ahead of Busy Holiday Shopping Season
Holiday shopping is in full swing this week, with Black Friday deals everywhere you look. But one major retailer, Amazon, just got accused of deceptive sales practices in a recently…
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Beloved Grocery Chain Stop & Shop Shutting Down Locations in Multiple States
Bad news for anybody who loves to get their groceries at Stop & Shop: Your location might be shutting its doors soon. With dozens of stores closing down, it may…
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Applebee’s and IHOP Mashup Restaurant Opening in Texas, More U.S. Locations on the Way
What do you get when you cross an Applebee’s with an IHOP? You get the unique restaurant mashup that’s opening soon in Texas. It’s a new-to-the-U.S. concept by Dine Brands,…
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American Freight Stores Shutting Down Nationwide as Parent Company Files for Bankruptcy
Another day, another business bankruptcy. This time it’s the parent company of a number of stores you’re probably familiar with, including American Freight, Pet Supplies Plus, and Vitamin Shoppe. Here’s…
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Size Matters: Subway Finally Being Sued for Skimpy Sandwiches
When was the last time you got a sandwich from Subway and thought, ‘Gosh, this sub is so big and meaty!’? That’s definitely never happened to us, and it apparently…
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Wendy’s Is Closing 140 Locations by the End of the Year
Wendy’s has announced plans to shutter 140 underperforming restaurants by the end of 2024, on top of the 100 it said it would close in May. This isn’t necessarily bad…
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It’s Official: TGI Fridays Files for Bankruptcy
TGI Fridays, the cultural touchstone of American casual dining that has served customers mozzarella sticks and bottomless fries for over half a century, filed for bankruptcy on Saturday, joining the…
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Beloved Midwest Chain Frisch’s Big Boy Faces Evictions From at Least 20 Locations
Remember Big Boy? The diner-style restaurant with its iconic boy-holding-a-hamburger statues used to dot the country. The name of the restaurant actually comes from its popular Big Boy cheeseburger, a…
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Starbucks Demands Corporate Staff Return to the Office Or Risk Being Fired
While Starbucks is sticking to a three-day in-office work week, they’re getting serious about corporate employees showing up when they say they’re going to. Skipping your mandated three days can…
