Tag Archives: Close

Party City wraps up 40 years in business, will close all locations imminently

  The festive-goods supplier has struggled with changing consumer habits as Americans cut spending amid high inflation. BY Jennifer Mattson The party is over for Party City, which is closing all its stores and going out of business after 40 years of supplying balloons, cups, candles, and tableware for everything from birthday and anniversary parties to … Continue reading Party City wraps up 40 years in business, will close all locations imminently

Advance Auto Parts will close 700-plus stores as the list of struggling retailers grows

November 14, 2024 Advance Auto Parts will close 700-plus stores as the list of struggling retailers grows The auto-parts provider is the latest U.S. chain to downsize as consumers spend less due to rising prices. BY Jennifer Mattson Advance Auto Parts, a leading automotive aftermarket-parts provider in North America that serves both professional installers and do-it-yourself … Continue reading Advance Auto Parts will close 700-plus stores as the list of struggling retailers grows

TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11?

November 04, 2024 TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11? Fridays is the latest restaurant chain to file for bankruptcy protection in a year where customers are eating out less and operating costs are on the rise. BY Tracy Brown Hamilton American casual dining restaurant chain TGI Fridays has filed for Chapter 11 bankruptcy … Continue reading TGI Fridays bankruptcy update: Will more restaurant locations close amid Chapter 11?

7-Eleven will close more than 400 stores as the list of struggling retailers grows

October 11, 2024 7-Eleven will close more than 400 stores as the list of struggling retailers grows The move comes as the convenience store’s parent company tries to stave off a takeover bid from the owner of competing chain Circle K. BY Jennifer Mattson 7-Eleven is closing 444 of its “underperforming” convenience-store locations across North America, … Continue reading 7-Eleven will close more than 400 stores as the list of struggling retailers grows

VW’s Audi factory in Brussels may close due to low demand for EVs

July 10, 2024 VW’s Audi factory in Brussels may close due to low demand for EVs Demand for Audi’s Q8 e-tron, launched in 2018, had dropped sharply and the carmaker was considering ending its production altogether, with one source close to the company saying this could happen in 2025. BY Reuters Volkswagen on Tuesday warned it … Continue reading VW’s Audi factory in Brussels may close due to low demand for EVs

Instagram introduces Live broadcasts for ‘Close Friends’

Instagram introduces Live broadcasts for ‘Close Friends’ Rachael Davies Tech Journalist   Meta’s Instagram is introducing a way to livestream to smaller, hand-picked private audiences. Going live on Instagram has been a feature for a long while now but a new feature is being gradually rolled out to allow users to stream to a smaller, … Continue reading Instagram introduces Live broadcasts for ‘Close Friends’

Salesforce reportedly close to deal for Informatica

The deal would give the CRM giant powerful data managing tools, a significant customer list and more AI technology. Constantine von Hoffman on April 15, 2024 Salesforce is in advanced talks to buy Informatica, according to published reports.  Informatica helps companies — including Toyota, Unilever and Deloitte —  manage data across cloud and on-premise systems. … Continue reading Salesforce reportedly close to deal for Informatica

Why every CEO must pay close attention to what their customers are saying

   April 09, 2024 Why every CEO must pay close attention to what their customers are saying Verizon Consumer CEO Sowmyanarayan Sampath is on a quest to constantly connect with today’s consumers. Here, he explains why that’s true for all CEOs. BY FastCo Works Verizon Consumer CEO Sowmyanarayan Sampath understands that valuable customer data can come … Continue reading Why every CEO must pay close attention to what their customers are saying