Page 12 - Facility Closures News Today

More than a dozen major companies from Ford to Sony have recently shut operations in Latin America’s biggest economy

A lot of us no longer work 9 to 5, or commute into the office. Yet retail businesses seem stuck in a different era.

Good Company: Community Spirit Co.’s Uplifting Vodka

Troubled retailers that stayed alive thanks to heady consumer spending during the pandemic are now showing signs of distress, filing for bankruptcy at the highest rate since 2020 and closing hundreds of stores.

Since the project was announced in 2021, the company has become embroiled in a legal and political feud with Gov. Ron DeSantis.

Ahead of elections, doubts on country’s euro membership have gone away

Lower levels of foot traffic, perceptions about crime cloud picture for merchants in large cities

Big-box retailers spent the better part of the 2010s trying to enter urban markets. The economics can make it hard for them to stay there.

Bernard Arnault says under LVMH, profits have doubled at the American jeweler, which reopened its flagship store this week

Bed Baths bankruptcy could leave billions of dollars of sales up for grabs, analysts say.