Firm will track employees’ locations to ensure return-to-office
One of the world's largest consulting and accounting firms plans to monitor the location of its employees to make sure they comply with stricter return-to-the-office orders. PricewaterhouseCoopers (PwC) said its UK-based offices will “place greater emphasis on face-to-face working” from next year, moving from requiring staff to come into the office at least two days […]
Shake Shack to shut 6 California locations after state’s $20 minimum wage hike
Shake Shack is closing six underperforming locations in California, becoming the latest fast-food chain to shutter restaurants after the state enacted a controversial $20 minimum wage. The burger chain, which is closing nine Shake Shack locations, said in a filing with the Securities and Exchange Commission on Tuesday that the move comes as a result […]
Ex-P.F. Chang’s CEO to take helm at Red Lobster — as bankrupt chain plans to close 23 more locations
Bankrupt seafood chain Red Lobster has appointed former PF Chan CEO Damola Adamolekun to take over the reins of the struggling chain and said it will close 23 more restaurants by the end of the week, according to a court filing on Monday. Red Lobster, which blamed its $20 all-you-can-eat shrimp promotions for its financial […]
Blink Fitness Gym with over 100 Locations Files for Chapter 11 Bankruptcy
Blink Fitness, a chain of affordable gyms, recently filed for Chapter 11 bankruptcy, joining many other businesses across the country. Associated Press (AP) Reported on monday: Blink’s, an Equinox-owned chain with more than 100 locations, said Monday it was filing for bankruptcy protection to facilitate a sale of the business. The New York-based company added […]
Taco Bell to roll out AI-powered drive-thrus to hundreds of locations
Taco Bell is committed to using artificial intelligence to take drive-thru orders, even as some of its rivals are moving away from the technology. Yum Brands, the parent company of the Mexican fast-food chain, said on Wednesday it will expand its voice AI technology to “hundreds” of stores across the country by the end of […]
Single-serve soda brand outperforms Coke, Pepsi, outsells eggs at various household retail locations
Olipop is a new single-serve soda on the market, but it recently achieved a remarkable feat by beating out competitors like Coca-Cola and Pepsi to become the number one selling carbonated drink brand in major grocery stores across the United States. The naturally sweetened pop brand is expected to double its sales from 2023 onwards, […]
Badcock, Conn’s Furniture Stores Closing Hundreds of Locations Due to Bankruptcy
Badcock Home Furniture & More, a 120-year-old retailer based in the southern US, is going out of business after announcing on Tuesday that it would close all of its roughly 400 stores. Badcock, which has more than 380 stores in Florida, Alabama, Mississippi, Tennessee, North Carolina, South Carolina, Georgia and Virginia, is owned by Corne’s, […]
Economic Crisis Claims Another Victim As More Than 130 Pizza Hut Locations File For Bankruptcy
Pizza Hut franchisee EYM Pizza LP filed for Chapter 11 bankruptcy protection on Monday. The lawsuit in the Eastern District of Texas could result in the closure of about 140 Pizza Hut locations across the South and Midwest. according to To NRN: EYM apparently owes Manufacturers Bank more than $21 million and Pizza Hut itself […]
Kroger, Albertsons identify nearly 600 locations they will to get merger approved
See what’s clicking on FoxBusiness.com Kroger and Albertsons, which are considering a merger, have identified 579 grocery stores nationwide to sell from their combined total. The plans to sell the stores are linked to the grocer’s efforts to ease concerns expressed by regulators over Kroger’s proposed acquisition of Albertsons. The stores will be acquired by […]
F1 announces 2025 Sprint Race locations
On Thursday, F1 announced the locations for the sprint races in the 2025 season. As in the 2024 season, there will be six F1 sprint races, five of which will be carried over from this season to the next. But one change will see the F1 sprint format introduced to one of the sport’s most […]