Walgreens is set to close a substantial number of its roughly 8,600 locations across the United States as the company looks to reset the struggling pharmaceutical chain’s business. The company didn’t announce a specific number of store closures, but it said Thursday that it is planning “significant” closures of underperforming stores across America as part […]
Tag: shutting
Tupperware shutting down last US plant, moving production to Mexico
Tupperware Brands is shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico, costing more than 100 workers their jobs. The iconic food storage container maker issued a WARN Notice last week alerting that it plans to permanently close its facility in Hemingway, South Carolina, laying off 148 people. Tupperware announced […]
Rainfall deluge shutting down Miami and Ft. Lauderdale. Trains, bus and planes halted
The severe rain bomb that triggered an “exceedingly rare” flash flood emergency — meant for catastrophic showers — in multiple South Florida cities has led to the closure of universities, government agencies and transit systems on Wednesday. The National Weather Service issued the emergency alert for portions of southern Broward and northern Miami-Dade Counties. Four […]
Military aircraft blows tire while landing at Milwaukee Mitchell International Airport shutting down runway for 3 hours
A military aircraft suffered a blown tire while attempting to land at Milwaukee Mitchell International Airport causing a runway to be shut down for three hours. Nobody was injured in the incident, which took place Friday at about 5:25 p.m. while a Boeing KC-135 Stratotanker owned by the 128th Air Refueling Wing was attempting to […]
Top real estate CEO says high home prices are shutting people out of the market
Housing is complicated, but one thing is clear: It’s hard to buy a home right now. Let me paint a picture for you. Home prices skyrocketed during the pandemic-fueled housing boom; more people were working from home and could do so from anywhere. Plus, mortgage rates were historically low, so people bought houses. But then […]
This Company Is Shutting Down Its Business — and Could Have 74% Upside for Investors
Seritage Growth Properties (NYSE: SRG) was one of the hardest-hit real estate investment trusts (REITs) in the COVID-19 pandemic, and the business started a downward spiral from which it never recovered. In 2022, management decided the best course of action would be to simply sell the company’s assets, pay back its debt, and return the […]
Participant, studio behind Spotlight and An Inconvenient Truth, shutting down
Participant, the activist film and television studio that has financed Oscar winners such as Spotlight and socially conscious documentaries including Food, Inc and Waiting For Superman, is closing its doors after 20 years. Billionaire Jeff Skoll told his staff of 100 in a memo shared with The Associated Press on Tuesday that they were winding […]
Participant, studio behind Spotlight and An Inconvenient Truth, shutting down
Participant, the activist film and television studio that has financed Oscar winners such as Spotlight and socially conscious documentaries including Food, Inc and Waiting For Superman, is closing its doors after 20 years. Billionaire Jeff Skoll told his staff of 100 in a memo shared with The Associated Press on Tuesday that they were winding […]
HP closes Russian business, shutting website for good
HP has completely withdrawn from the Russian market in order to conform with sanctions mandated by the US in response to the ongoing conflict in Ukraine. The company’s local website, which has served as a home for driver downloads and technical support in Russian, has now been directed to Kazakhstan. A former Soviet state, Russian […]
Double-digit snowfall forcing Colorado flight cancellations, shutting down highway to ski resorts
DENVER (AP) — A major storm dumped heavy snow in Colorado on Thursday – forcing flight cancellations and shutting down a highway that connects Denver to Colorado ski resorts. “Our city hasn’t seen a storm like this in a few years,” Denver Mayor Mike Johnston posted Wednesday on X, formerly known as Twitter. The storm, […]
Tool giant shutting down plant here
Stanley Black & Decker Inc. says it will close a Fort Mill manufacturing facility this year as part of an ongoing effort to cut costs and consolidate its footprint. Stanley Black & Decker manufacturing center in Fort Mill creates 500 jobs The tool-making giant, based in Connecticut, notified the state of South Carolina this week […]
Illegal sales a problem at smoke shops in Fresno. Why isn’t city shutting them down?
Six months ago, members of Fresno’s city council announced their intention to start regulating smoke shops. They were responding to a proliferation of the stores — many of which they claimed were operating without licenses and in violation of city and state laws — and concern from the community. That ordinance remains in draft mode, […]