Branch Closings

Bed Bath & Beyond Store Closings Continue in 2018, Albuquerque Location Next as In-Store Sales Dip and Profits Decline 50%

Bed Bath & Beyond store closures

You can add to the list of domestic merchandise retail store closures, as Bed Bath & Beyond Inc. (NASDAQ:BBBY) announced it is shutting down its Paseo del Norte location in Albuquerque, New Mexico. Bed Bath & Beyond closing a store again was expected, as the company, which has been plagued by weak in-store sales and (more…)

Danny Meyer’s GreenRiver Restaurant Closing: Trend of Michelin-Starred Restaurant Closures in Chicago Continues

GreenRiver restaurant closing

GreenRiver Restaurant Closing The GreenRiver restaurant closing is both the latest Michelin-starred restaurant closing and the most recent Chicago restaurant to shut down. Owner and restaurateur Danny Meyer’s restaurant closure will occur on January 24, with the announcement having been made abruptly through its Facebook page. There were no details regarding the number employees losing (more…)

Fremont Plastic Products Closing Plant, Announces 185 Layoffs in Fremont, Ohio

Fremont Plastic Products Closing Plant

Fremont Plastic Products Inc filed a Worker Adjustment and Retraining Notification (WARN) report with the Ohio Office of Workforce Development indicating that it would be permanently closing its facility in Fremont. The Fremont facility, located 70 miles west of Cleveland, has over 200,000 square feet of space with 23 machines. Shuttering the plant will result in the (more…)

Macy’s Store Closings 2018: 7 New Store Closures, 5,000 Job Cuts

Macy's Store Closings 2018

Macy’s Inc (NYSE:M) kicked off 2018 by announcing nearly a dozen store closures, including seven previously unidentified locations. Net job cuts as a result of these Macy’s store closings at 2018’s state, including the closures and reductions at remaining locations, will come in at around 5,000. The Cincinnati-based department store chain continues to ramp up (more…)

Alstyle Apparel Closing California Distribution Center, Laying Off 81 Employees

Alstyle Apparel Closing

Alstyle Apparel is planning to close its doors on its distribution center, which will result in 81 employees receiving a pink slip. All this became public information when the company filed paperwork with the state Employment Development Department. Parent company Gildan Activewear Inc. (TSE:GIL) decided to close the warehouse distribution center as part of its business (more…)