Businesses Closed

TechShop Closed? Makerspace Files for Chapter 7 Bankruptcy, Closes U.S. Locations

TechShop Closed All U.S. Locations

Unexpectedly, TechShop closed all 10 of its locations across the U.S. The chain of subscriber-based do-it-yourself (DIY) workshops shuttered its doors on November 8, 2017 after years of mounting operating losses. TechShop said it hadn’t been profitable and was filing for chapter 7 bankruptcy, which entails full liquidation instead of chapter 11, which would involve reorganizing.

Porter’s Group Shutters Kings Mountain Plant, 133 Out of Work

Fenced off Abandoned Factory

Metal fabrication company Porter’s Group, LLC filed a Worker Adjustment and Retraining Notification (WARN) report with the North Carolina Department of Commerce, announcing a total of 133 permanent layoffs at its Kings Mountain facility in Cleveland County. The company filed the notice on November 13, but the closure and layoffs were effective November 10.

Keller’s Green Grocery in Sioux Falls Closes After Just One Year

Keller’s Green Grocery in Sioux Falls Closed

Keller’s Green Grocery in downtown Sioux Falls, South Dakota has shuttered its doors after just one year in business. The urban grocery, once hailed as a key development for the downtown core, closed without fanfare on Friday, November 10. Since then, neither Keller’s owners nor management have responded to interview requests. The company’s web site (more…)

Chicago Brauhaus Closing in December, German Restaurant Adds to Growing List of Chicago Restaurants Closing in 2017

Chicago Brauhaus Closing

Chicago Brauhaus is closing its doors after serving traditional German food and beer for more than 50 years.  The German restaurant is closing on December 11, which means loyal fans have only one more month to order the Brauhaus Special, Eisbein mit Sauerkraut, or Hühner Schnitzel and listen to the dulcet tunes of the Brauhaus (more…)

China-Based Perfect World Entertainment Closings & Layoffs in Seattle: Runic Games & Motiga Hit By Cost-Cutting

Perfect World Entertainment, a subsidiary of Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD), announced that it has closed Torchlight and Hob studio Runic Games in Seattle and is laying off staff at Gigantic developer Motiga Games. The China-based company isn’t closing Motiga, but it is facing layoffs, with only support staff being left to keep it up (more…)

Sears Holdings Store Closures 2017: 358 Stores Shuttered, Including Over 280 Kmarts

Sears Holdings store closings 2017

Sears Holdings Corp (NYSE:SHLD) announced that it will permanently shutter even more of its Sears and Kmart locations, two of its flagship subsidiaries. The early November announcement comes after a record number of traditional brick-and-mortar stores have closed in 2017. It’s been an especially hard year on Sears and Kmart, which have seen 358 of (more…)