Franchise News
Coffee Shop Closure: Au Bon Pain Shuts Down Last Boston Location, Ending a 46-Year Legacy
Prime Video, Amazon Studios to Cut Hundreds of Jobs, SVP Mike Hopkins Announces
Prime Video and Amazon Studios announced layoffs in a restructuring move, while Twitch reduced staff for sustainability.
Latest News
Molbak's Garden + Home Announces Closure: End of a 70-Year Legacy
Molbak's Garden + Home in Woodinville announces closure after 67 years, following a failed redevelopment deal and unsuccessful negotiations.
Black Bear Diner Expands Footprint: 14 New Locations Set for 2024
Black Bear Diner will expand with 14 new locations in 2024, offering exceptional dining experiences.
First Watch Strengthens Presence in North Carolina with $75 Million Franchise Acquisition
First Watch will acquire 21 NC franchise locations for $75 million in its strategic expansion plan. (Photo : Pexels/andresNino) First Watch, a well-known daytime dining chain with a national presence, is making a significant move to acquire 21 franchise locations in North Carolina for a substantial $75 million.
Microsoft's $10 Billion Partnership with OpenAI Under EU Watchdog's Lens for Compliance
European Union eyes Microsoft's partnership with OpenAI for regulatory compliance. (Photo : Unsplash/MatthewManuel) Microsoft's hefty $10 billion investment in OpenAI, the company behind ChatGPT, could be heading for an official investigation by the European Union.
JCPenney Announces Closure of Final Anchor Store at Shenango Valley Mall After Prolonged Struggle
JCPenney closes last mall anchor store, details resilience and revival post-bankruptcy and Simon Property Group acquisition.
Hooters Shuts Down Historic Lafayette Store, Marks End of 25-Year Legacy
Hooters Lafayette ends 25-year legacy with sudden closure, leaving staff and community in the dark; local businesses extend support to affected employees.
Final Sears Store in New Jersey Shuts Down, Shoppers Devastated by Historic Closure
New Jersey's final Sears store is closing permanently, leaving shoppers distraught and triggering massive sales as Sears' struggle continues.
AI's Mainstream Impact: Redefining Job Roles and Employment Strategies in 2023
AI's mainstream impact in 2023 redefined jobs and strategies, with a surge in AI adoption and skills reshaping the workforce.
Chili's Chill: Popular Restaurant Chain Unexpectedly Shuts Down Prime Location
Popular restaurant Chili's in Charlotte closes its prime Arboretum center location, mirroring a wider trend of challenges casual dining chains face.