Franchise News
Major Retail Closures in 2024: Which Brands Are Scaling Back?
Major retailers scale back stores in 2024, adapting to e-commerce growth and changing consumer habits in a shifting retail landscape.
Latest News
Amtrak Suspends Northeast Corridor Service Due to Downed Power Wires Just Before Holidays
Amtrak suspended service between New York and Philadelphia due to downed power wires, causing delays and cancellations during the busy holiday travel season.
Starbucks Workers Expand Strike to More US Cities Including New York
Starbucks workers expand their strike to more US cities, including New York, demanding better wages and conditions during the holiday season.
Google Suggests New Remedies for Search Monopoly Amid DOJ Antitrust Battle
Google proposes remedies to DOJ antitrust claims, focusing on flexibility and competition while opposing drastic measures.
Oysters, Clams Recalled Over Potential Norovirus Contamination, FDA Warns
FDA recalls oysters and Manila clams in multiple states over potential norovirus contamination, urging consumers to dispose of or return affected products.
Zelle and Top Banks Face Legal Action for Alleged Fraud Neglect
The CFPB has filed a lawsuit against major banks and Zelle, accusing them of failing to protect users from fraud, leading to over $870 million in losses.
Frito-Lay Recalls Lay's Chips Due to Milk Allergy Concern
Frito-Lay recalls 13-ounce bags of Lay's Classic Potato Chips due to undeclared milk, posing a serious allergy risk to consumers in Oregon and Washington.
Party City Closes All Stores After 40 Years, Despite Efforts by Turnaround Expert to Save It
Party City closes all stores after 40 years, citing financial struggles and competition from online retailers.
Eli Lilly's Blockbuster Drugs No Longer in Shortage, FDA Reaffirms
The FDA confirms Eli Lilly's weight-loss and diabetes drugs are no longer in shortage, ending the production of compounded versions.
Big Lots to Shut Down All Stores Following Bankruptcy Filing, Failed Sale
Big Lots announces the closure of all remaining stores following a Chapter 11 bankruptcy filing and a failed sale, leaving 27,000 jobs in jeopardy.
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