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Denny’s to close nearly 30 more locations as inflation, bird flu slam chain

Denny's plans to close nearly 30 restaurants than previously announced, as stubborn inflation threatens the survival of the 72-year-old chain. In a call with investors earlier this week, the company's chief financial officer, Robert Verostec, said Denny is planning to close as many as 90 restaurants this year. In October, Denny had disclosed plans to […]

Joann to close 500 stores after filing for second bankruptcy

Joan announced Wednesday that more than half of its stores across the country will be closing after the fabric and craft retailer filed for a second bankruptcy in less than a year. Retailers have closed around 500 of their 800 stores, and “sizing our store's footprints is an important part of our efforts to ensure […]

Walgreens to permanently close 5 LA-area stores

The Walgreens plans to close five locations in Los Angeles and Orange counties in the coming weeks. This could result in at least 93 unemployment as struggling retailers stay ahead of the downsizing, which sees around 1,200 closures nationwide. The pharmacy chain will shutter stores in Whittier, downtown Los Angeles, Orange, Placentire and Stanton, according […]

European stocks close higher after Trump imposes fresh tariffs – CNBC

European stocks are high Europe's Stoxx 600 The index was closed in Green for its second session on Tuesday and has been doing widely positive runs so far in February. Germany's Dachshund And France's CAC40 Due to the UK delay, it was 0.56% and 0.28% higher, respectively FTSE 100an increase of 0.11%. Stock chart iconStock […]