News Summary On The Border Mexican Grill has filed for Chapter 11 bankruptcy as it faces $19 million in debt and declining customer enthusiasm. The chain plans to close 77 underperforming locations and has secured $10 million in financing to aid its restructuring efforts. With the number of restaurants shrinking
News Summary Kohl’s plans to close 27 underperforming stores across the U.S. by April 2025, alongside a fulfillment center in California. This decision comes amidst declining sales and a challenging retail environment, with over 7,100 store closures in 2024. While the company aims to streamline operations, it will provide severance
News Summary Aldi is set to expand in Michigan by investing $13 million to open four new stores in Hillsdale, Midland, Rochester Hills, and Lansing Township by 2025. This is part of Aldi’s broader strategy to add over 225 new locations nationwide and enhance community support. With strong backing from
