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McDonald’s to close half of its CosMc’s drink shops in Texas

McDonald's announced that it plans to close half of its CosMc's beverage stores in Texas just one year after opening. The world's largest fast food chain is testing large and small cafes at six stores in Texas and a flagship store in Bolingbrook, Illinois. The company announced that it will open two smaller CosMc stores […]

Kohl’s to Close 27 ‘Underperforming’ Stores by April, CEO Stepping Down

Department store chain Kohl's has announced it will close 27 “unprofitable” stores and distribution centers by this spring, just one month after rival chain Macy's announced it would close 150 stores. Kohl's is headquartered in Menomonee Falls, Wisconsin. said on January 9th press release Scheduled closures include Alabama, Arkansas, California, Colorado, Georgia, Idaho, Illinois, Massachusetts, […]

Kohl’s to close 27 stores nationwide — including 10 in California

Struggling department store chain Kohl's has announced it will permanently close 27 “unprofitable” stores in 14 states, including 10 in California alone, in an emergency move to avoid bankruptcy. The company announced this in a press release. contained a list of locations It will be closed permanently. The closure is expected to be complete by […]

Japanese Yen remains close to multi-month low against US Dollar – FXStreet

The Japanese yen continues to fall due to fluctuations in expectations for the Bank of Japan's interest rate hike. au Jibun Bank Service PMI was revised downward to 50.9 from 51.4 in December. Amid the Fed's hawkish stance, the US dollar is near a two-year high, supporting USD/JPY. The Japanese yen (JPY) attracted new sellers […]