Businesses Closed

Dairy Queen Restaurants Closing After Franchisee Vasari LLC Files for Chapter 11 Bankruptcy

Dairy Queen restaurants closing

Hundreds of Texans employed with soft-serve ice-cream and fast-food chain Dairy Queen are about to get laid off. We’ll be seeing dozens of Dairy Queen restaurants closing across the state in the days to come as a Texas-based franchisee operating Dairy Queen locations enters bankruptcy. The franchisee, Vasari LLC, has just filed for Chapter 11 (more…)

X-Spine Systems in Miamisburg, Ohio to Close, 54 Out of Work

X-Spine Systems in Miamisburg, Ohio to Close, 54 Out of Work

Layoffs at X-Pine Systems Inc to Start in December X-Spine Systems, Inc filed a notice with the Ohio Department of Job and Family Services, stating that it plans to close its facility and lay off approximately 54 workers. The closure will be permanent, with layoffs beginning on December 8 and continuing through the end of February 2018.

2017 Worst Year on Record for U.S. Retail Store Closures

2017 Worst Year on Record for U.S. Retail Store Closures

It’s difficult to say that the retail Armageddon is being overblown when you consider 2017 is the worst year on record for store closures. In the first half of 2017, more than 300 retailers filed for bankruptcy; a 31% increase year-over-year. Since the start of the year, U.S. retailers have shuttered 6,700 stores.

Eatsa Closing in Berkeley, NYC, D.C. a Setback for Pizza Hut, McDonald’s Restaurant Automation Plans

Eatsa Closing

Major restaurant chains like Pizza Hut, Inc. and McDonald’s Corporation (NYSE:MCD) planning to automate their services have been served a major blow this week as news of Eatsa closing most of its locations makes headlines. Automated restaurant chain Eatsa is closing all but two of its locations after just two years in business. All of (more…)

Alice Cooper’stown & Z’Tejas Among Phoenix Restaurants Closing in 2017

Phoenix Restaurants Closing

This year has been annus horribilus for restaurant businesses—particularly, a year of great misfortune for employees of the restaurant industry. Hundreds have lost their jobs in an industry-wide downtrend. Phoenix restaurant closures have notably caught our attention after we heard of two prominent Phoenix restaurants closing this week—Z’Tejas and Alice Cooper’stown.