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At least 19 companies have cut a combined 14,000 jobs because of bankruptcies, according to Challenger, Gray & Christmas, an outplacement services firm. ... The discount retailer recently ...
H. H. Gregg, Inc. Went bankrupt and closed in 2017; relaunched as an online retailer in 2017 and opened its first brick and mortar store in 2019 following bankruptcy. HiFi Buys; Highland Superstores – liquidated in 1993 [91] [92] [93] Incredible Universe – closed in 1997; six stores acquired by Fry's Electronics and the rest shut down
GNC closed over 900 stores in 2019, including between 300 and 400 of the chain's 800 shopping mall locations, which have been particularly hard-hit by declining foot traffic at malls overall. [141] Godiva Chocolatier closed all of its North American retail locations in 2021 after the chocolate company faced a decrease in sales and foot traffic ...
TGI Fridays isn't alone either — other restaurant chains that have recently filed for bankruptcy include Red Lobster, Ruby Tuesday's, and Sbarro. Though many are hoping for a rebound with ...
Over the last several years, Applebee's has faced numerous closures, shuttering around 300 restaurants since 2017. Last year, the chain closed 46 locations, and this year, Applebee's is bidding ...
A former Red Barn location in Mississauga, Ontario, now a Mr. Sub restaurant. This is a list of defunct fast-food chains.A restaurant chain is a set of related restaurants with the same name in many different locations that are either under shared corporate ownership (e.g., McDonald's in the U.S.) or franchising agreements.
Bloomin’ Brands revealed in an earnings call Friday that it closed 41 “underperforming locations” across the brands it owns, including Carrabba’s Italian Grill, Bonefish Grill and Fleming’s.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...