Keyword: closing

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  • Chuck E. Cheese Could Permanently Close All Locations, Including 3 In Cleveland

    06/24/2020 8:32:21 PM PDT · by Enlightened1 · 65 replies
    Cleveland.com ^ | 06/12/20 | Troy Smith
    The coronavirus pandemic could spell the end of Chuck E. Cheese. The popular kid’s restaurant had to close its 610 locations nationwide during the outbreak. Now, $1 billion in debt has Chuck E. Cheese’s parent company, CEC Entertainment, approaching bankruptcy.The Wall Street Journal reports that CEC is asking lenders for a $200 million to keep its business going. For comparison, the news is similar to the recent circumstances that led to the retail band JC Penney filing bankruptcy last month.CEC has also offered its top executives retention bonuses to try and keep them from leaving, including $3 million to three of its executives,...
  • Pier 1 Imports To Close All 540 Stores After 58 years

    05/19/2020 12:05:36 PM PDT · by Enlightened1 · 110 replies
    NY Post ^ | 05/19/20 | Lisa Fickenscher
    Pier 1 Imports is calling it quits. The bankrupt home-goods retailer has asked a court for permission to liquidate its remaining 540 stores once they reopen after coronavirus-driven lockdowns, ending a 58-year legacy of selling glassware, wicker furniture and other home decor. Pier 1 said it is in talks with several prospective buyers to sell its remaining assets, including its intellectual property and e-commerce business, during a court-supervised auction on July 15. The company has tapped Gordon Brothers to begin liquidating its locations this weekend across the US, according to court documents. It is now clear that Pier 1s future...
  • The Weekly Standard, a conservative magazine critical of Trump, to shutter after 23 years

    12/14/2018 11:23:49 AM PST · by libstripper · 94 replies
    CNN ^ | Dec. 24, 2018 | Olivder Darcy
    New York (CNN Business)The Weekly Standard, the magazine that espouses traditional conservatism and which has remained deeply critical of President Donald Trump, will shutter after 23 years, its owner Clarity Media Group announced Friday morning. The magazine will publish its final issue on December 17. * * * Employees were told at an all staff meeting, which CNN obtained an audio recording of, that they would be paid through the end of the year, and that afterward they would receive severance which would range in scale depending on factors like seniority. To receive severance, however, employees would need to sign...
  • General Motors plans to close Canadian assembly plant -TV report

    11/25/2018 5:58:49 PM PST · by Eddie01 · 26 replies
    Reuters Canada ^ | NOVEMBER 25, 2018 | Staff
    TORONTO, Nov 25 (Reuters) - General Motors Co is planning to close all operations at a plant near Toronto and an announcement is expected on Monday, a local TV news channel reported on Sunday Citing multiple sources, CTV News reported that the plant closure in Oshawa in the province of Ontario was expected to affect thousands of high-paying jobs. GM builds sedans on one assembly line and pickup trucks on another. The plant closure is part of global restructuring, the report added. A Canada-based GM spokesman declined comment. GM employs about 2,500 union staff and roughly 300 salaried employees in...
  • Russia Defense Ministry Notifies Pentagon On Closing Down Of Military Hotline

    04/07/2017 3:39:10 PM PDT · by Enlightened1 · 54 replies
    Interfax News ^ | 04/07/17
    21:58 . Russian Defense Ministry summons U.S. military attache, cuts off communication with Pentagon on Syria (Part 2) http://www.interfax.com/news.asp
  • Obama's desire to close down GITMO may be about his nefarious alliances.

    12/19/2015 2:01:39 PM PST · by JOHN W K · 12 replies
    Vanity | 12/19/2015 | johnwk
    Looking past the distraction of releasing terrorists from Guantanamo, there seems to be another reason for Obama wanting to close it down. The Guantanamo Naval Station is an important asset connected to the defense of the United States and helps America keep an eye on the communist government of Cuba which aligned itself with Russia during the 1960s which then imported nuclear weapons into Cuba. Those who do not recall the Cuban Missile Crisis of the 1960s need to read: The Cuban Missile Crisis and Threat of Nuclear War The Guantanamo Naval Station is a strategic outpost on a landmass...
  • Sandbar Lounge closes; owner blames smoking ban

    12/01/2015 7:56:20 PM PST · by Tolerance Sucks Rocks · 36 replies
    Casper Star Tribune ^ | November 30, 2015 | Heather Richards
    Sandbar Lounge, a downtown Casper institution, will close for good Saturday, and its owner says the city's recently imposed smoking ban is to blame. “The smoking ban destroyed the bar, as I foretold it would,” Nancy Goddard wrote Monday in a post on the Sandbar's Facebook page. “I have cried a million tears and will probably cry a million more again. I apologize. I tried and failed. God bless.” Casper residents voted Nov. 3 to reinstate a 2012 smoking ban on bars. More than 6,000 voters cast ballots, with 54 percent voting in favor of the ban. Ban supporters, such...
  • Target to close 13 stores nationwide amid plummeting profits

    11/04/2015 5:21:37 PM PST · by gwgn02 · 34 replies
    DailyMail ^ | 11/4/2015 | AP
    Target plans to close 13 stores nationwide, most in the Midwest where the store has its roots. The Minneapolis, Minnesota-based retailer says a decision to close a store usually follows several years of decreasing profitability. The retail giant plans to close the stores on January 30, 2016. The 13 are among Target's nearly 1,800 stores in the U.S.
  • Chesapeake park ranger caught on camera pointing pistol at couple leaving park past closing time

    10/22/2015 4:35:39 PM PDT · by Enlightened1 · 37 replies
    WTKR ^ | 10/19/15
    A Chesapeake park ranger was caught on camera pointing his pistol at a couple. It was a confrontation that started because the couple left a city park after closing time. I was hoping he wasn't going to shoot at us, says Dylan Newton, who recorded a 7-minute video of the ranger. With all the things going on in the media with cops using excessive force and all these videos coming out like that's the only thing running through my head like Im going to be one of these people. Newton says it all happened Sunday night at the city's Northwest...
  • Target Closing West Side Location in November

    08/10/2015 4:24:54 PM PDT · by matt04 · 12 replies
    The West Side Target, located at 3720 Soldano Blvd (in the Consumer Square Shopping Center off West Broad Street), will be closing their doors sometime in November. A part time employee tipped us off in a discussion about West Side redevelopment ideas on our messageboard, noting that the decision to close was made about a week ago. A call to the store this morning confirmed the November closure, though a final date is still unknown at this point. Large retail centers have struggled to attract and retain tenants on the citys west side over the past several decades, with the...
  • McDonald's is closing hundreds of restaurants this year

    04/22/2015 7:33:17 PM PDT · by Hugin · 151 replies
    Fortune Magazine via MSN ^ | 04-22-15 | Phil Wahba
    For instance, earlier in April the company announced it is testing out a larger, pricier, third-of-a-pound burger for $5, two years after dropping the similar Angus burger line because they were too pricey for McDonalds diners. Despite that earlier failure, new CEO Steve Easterbrook expressed confidence his customers would go for premium burgers. I often describe McDonalds as possibly the most democratic -- with a small d -- brand in the world, he said. And what customers love the world over, and none more so than here in the U.S., is how they can buy into aspirational quality products, but...
  • Brandon Walmart closing for 6 months, employees given little notice (Closed several stores tonight)

    04/13/2015 9:16:33 PM PDT · by tcrlaf · 45 replies
    WLFA ^ | 3-13-2015 | Peter Bernard
    Employees say a Brandon Walmart near Valrico gave them little notice before closing for six months. When I drove into the parking lot, it was full. I knew something was not right, said a Walmart employee who asked that News Channel 8 not identify him. We have had plumbing problems over the last few years. The store closed Monday at 6 p.m. because of the ongoing plumbing issues. The employee News Channel 8 talked with said a sewage backup is the likely culprit. The issues require extensive repairs, Walmart spokesman Amanda Hennenberg said in a statement. The store is located...
  • Major utility to begin closing down power plants next month

    04/06/2015 3:55:23 PM PDT · by Nachum · 66 replies
    Washington Examiner ^ | 4/6/15 | John Siciliano
    One of the country's largest coal utilities will begin closing power plants next month in four states, as strict federal environmental regulations begin to kick in. The company, American Electric Power, made the announcement in a notice advising employees at the electricity stations that it plans to close six power plants in Virginia, West Virginia, Ohio and Indiana, according to news reports. The company said it plans to shutter as much as 6,000 megawatts of power plant capacity in seven states by the start of 2016. The closures were planned as far back as 2011 to comply with new pollution...
  • Planned Parenthood closing Battle Creek clinic at end of January; Obamacare cited as factor

    01/13/2015 8:33:07 PM PST · by Morgana · 17 replies
    Mlive ^ | January 13, 2015 | Julie Mack |
    KALAMAZOO, MI -- Planned Parenthood Mid and South Michigan is closing its Battle Creek clinic, citing "increasing competition and declining patient demand" as a result of the Affordable Care Act. The last day of operation will be Jan. 31. Spokeswoman Desiree Cooper said the need for Planned Parenthood's health-care services has declined because of the ACA, which has greatly improved access to subsidized contraceptives and women's health-care services. The ACA requires insurances plan to provide women with an annual physical and contraceptives without a deductible or co-pay. That means women who formerly were reliant on Planned Parenthood for services and...
  • In Danger of Closing, Channel 10 Goes Dark Overnight

    12/28/2014 3:28:17 PM PST · by Eleutheria5 · 27 replies
    Arutz Sheva ^ | 29/12/14 | Elad Benari
    Channel 10 went dark on Sunday night at about 10:30 p.m. Israel time, at the instruction of the channels employees union. Instead of regular programming, the channel displayed a picture of Prime Minister Binyamin Netanyahu, alongside the words, "In three days, Channel 10 will close. Prime Minister Binyamin Netanyahu, who serves as Minister of Communications, refuses to find a solution. Due to this the employees union has decided to cease Channel 10s broadcast for the night. We will resume broadcasting at 6:00 a.m." The channel has been facing financial difficulties for several years. In December of 2012, the Knesset held...
  • Mountain West Banks Closing in Great Falls [ Montana ]

    07/21/2014 10:10:30 AM PDT · by george76 · 2 replies
    kfbb ^ | Jul 17, 2014 | Joe Biega,
    Following a merger between Mountain West Bank and First Interstate Bank, several Mountain West locations will be closing across the state ... While the merger of the two well known Montana banks is still pending, Interstate Bank has announced a list of banks that will be closing or relocating
  • Fast food CEO: Minimum wage hikes closing locations

    05/30/2014 11:53:50 AM PDT · by NormsRevenge · 101 replies
    Yahoo Finance ^ | 5/30/14 | cnbc
    CKE Restaurants' roots began in California roughly seven decades ago, but you won't see the parent company of Carl's Jr. and Hardee's expanding there much anymore. Related Stories What's causing what company CEO Andy Puzder describes as "very little growth" in the state? In part it's because "the minimum wage is so high so it's harder to come up with profitable business models," Puzder said in an interview. The state's minimum wage is set to rise to $9 in July, making it among the nation's highest, and $10 by January 2016. In cities in other states where the minimum wage...
  • RadioShack To Close Up To 1,100 Stores; Same-Sales Drop 19 Pct

    03/04/2014 6:06:03 AM PST · by mykroar · 32 replies
    FoxBusiness.com ^ | 3/4/2014 | Reuters
    Struggling retailer RadioShack Corp reported a wider quarterly loss on Tuesday and said it will close up to 1,100 U.S. stores after a huge drop in sales over the holidays, sending the stock down more than 15 percent. Sales at the Fort Worth, Texas-based chain have been in free fall amid executive departures, tough competition and an image problem. Despite its ubiquitous presence in the United States, analysts say it has not done enough to transform itself into a destination for mobile phone shoppers or become hip enough to woo younger shoppers. Its net loss widened to $191.4 million, or...
  • St. Joseph Monastery Closing After Over 160 Years

    01/15/2014 6:43:28 PM PST · by Extremely Extreme Extremist · 5 replies
    WTAJ.COM ^ | 15 JANUARY 2014 | MALLORY LANE
    ST. MARYS, ELK COUNTY - The St. Joseph Monastery in St. Marys is the oldest in the United States, and after 161 years of serving the community, it's closing its doors. At its peak in the 60s and 70s, the St. Joseph Monastery in St. Marys, Elk County had 125 sisters. Today, there are 17 left, ages 58 to 91, and they'll have to find a new home. We spoke with many people in the St. Marys community who say the St. Joseph Monastery is a huge institution for the community. They say the news of it closing is devastating....
  • Abortion supporters alarmed by surge in abortion clinic closings

    09/13/2013 4:32:19 PM PDT · by Morgana · 8 replies
    Jill Stanek ^ | Jill Stanek
    The growing number of abortion clinic closures in recent years has apparently reached critical mass. Liberals and the mainstream media are taking notice with alarm. And either the clinics are closing at such a fast pace abortion supporters cant keep up, or there have been so many they cant count them all. Either way, They cant get the numbers straight. And its all good. downloadThink Progress, August 26: According to a Huffington Post analysis, at least 52 abortion clinics across 26 states have shut down since 2010. Whoops, thats not what HuffPo reported, or perhaps it did a recount:600px-US_54 At...