Popular Asian dining chain files for Chapter 11 bankruptcy
Restaurant chains have faced financial distress caused by rising costs driven by inflation since the end of the Covid-19 pandemic. Rising inflation led to a 35% increase in labor and…
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Category: Politics
Award-winning chef’s BBQ chain closes all locations
Barbecue in America is more than a style of cooking. It’s a regional identity. That identity is now colliding with the economics of running modern restaurant groups, and the strain…
Major cannabis cultivation supply chain provider closes 12 stores
As a journalist covering the cannabis landscape for over five years, I’ve reported on a number of regulatory changes and medical achievements in the space. Over the last decade, the…
Costco closure decisions to disappoint members
Costco has built one of the strongest customer loyalty machines in retail by consistently doing things that make its members feel like they’re getting a deal – and getting treated…
159-year-old whiskey brand fights for bankruptcy over liquidation
Once a company gets placed into a receivership, the owners lose control and, in most cases, the decisions made benefit creditors first. “A receivership was traditionally intended to help creditors…
Cava is betting millions on restaurant role most chains overlook
It’s been a tough couple of years for plenty of fast food chains, but Cava has seen significant growth. During the first quarter of fiscal year 2026, the Mediterranean restaurant…
Netflix revives a classic candy brand for a new era
While Netflix has operated primarily as a streaming service, it has also dipped into other areas of business. That has included forays into gaming, retail, and live experiences. These include,…
Dollar General adopts Costco-style store strategy
Dollar General wants to be more than just a cheap place to buy groceries and household staples. The retailer has invested heavily in improving its stores. That’s perhaps not a…
Beloved fashion brand makes surprising Shein move
A popular fashion retailer built its name promising shoppers a different kind of clothing business, one that is rooted in sustainability, minimalism, and affordable luxury. A Millennial favorite, the company…