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The chain saw its sales begin to decline in 2017, filed for Chapter 11 bankruptcy in 2020, and has been closing restaurants ever since, Restaurant Business Magazine reported. Rubio's is now down ...
Howard Johnson's was the largest restaurant chain in the U.S. throughout the 1960s and 1970s, with more than 1,000 combined company-owned and franchised outlets. [2] Today, the chain is defunct—after dwindling down to one location, the last Howard Johnson's restaurant (in Lake George, New York) closed in 2022 due to the COVID-19 pandemic. [3]
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At the beginning of a going-out-of-business sale, stores or liquidators running the sales often hike prices just so they can "slash" them later, drawing in unsuspecting shoppers looking for a deal.
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A hail sale is a closeout at a car dealership after hail damage. A store that is closing will often advertise to customers their last chance to buy. However, closures are often from companies that cannot sell their inventory, inventors whose ideas were not marketable, and businesses needing fast-incoming cashflow to pay debts such as payroll or ...
According to a Harvard Business School study, for every dollar the tipped wage increases, the likelihood of a restaurant closing increases by 14%. In D.C., the rate of restaurant closures last ...
At least two municipalities in Wisconsin prohibited the retail sale of alcohol until recently: the city of Sparta, [10] [11] and the village of Ephraim. [ 12 ] [ 13 ] In the April 1, 2014, Wisconsin spring election, voters in Sparta narrowly passed a referendum to allow the sale of beer and wine in groceries and convenience stores.