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 ...
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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 ...