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Trump picks former fast-food chain CEO Andrew Puzder for EU ambassador

President Trump has chosen former fast food chain CEO Andrew Puzder, who he sought to install in the first White House Cabinet, to be ambassador to the European Union. President Trump praised Puzder, the former head of CKE restaurants, for guiding fast-food chains like Carl's Jr. and Hardee's out of “severe financial difficulties,” and said […]

Retail, Chain Store Closures Have Surged 69% In 2024: Which Were Affected?

A panoramic view of the CVS Pharmacy store in Oceanside, New York, on August 23, 2024. Long Island is home to many local and national business concerns. (Photo by Bruce Bennett/Getty Images) OAN Staff James Myers11:57am – Friday, December 27, 2024 Store closures will increase by 69% this year and will increase significantly in 2024 […]

Nordstrom to go private as family sells chain to Mexican firm

Department store chain Nordstrom has been acquired by its founding family and Mexican retailer Liverpool in an all-cash deal for nearly $4 billion, taking it private at a time when luxury retailers are grappling with weak demand. Nordstrom announced Monday that its shareholders will receive $24.25 for each share they own, an increase from the […]

Leading Department Store Chain Closing 150 Stores

The Pro-Trump News homepage sees 60 new headlines every 24 hours. Click here to take a look. Macy's will close 150 stores over the next three years. The 65 facilities are scheduled to close by the end of 2024. Breitbart reported: Macy's, a major US department store chain, plans to close 65 stores by the […]

UK financial watchdog delays Shein listing amid supply chain scrutiny | Shein

Fast-fashion retailer Shayne as UK financial regulator checks supply chain oversight and assesses legal risks after Chinese Uyghur rights group challenges its listing It is taking longer than usual to approve the company's listing on the stock market, two people familiar with the matter said. Case. The UK's Independent Anti-Slavery Commission, a Home Office watchdog, […]

No more bye-bye for Chi-Chi's: Restaurant chain reopening after 20-year hiatus

Chi-Chi's isn't ready to say “tata-ta” just yet. The chain is poised to reopen some of its restaurants after closing in the U.S. 20 years ago. Michael McDermott, the son of one of Chi-Chi's co-founders, will be allowed to use the name for the Tex-Mex restaurant, according to a deal announced this week. Hormel Foods […]