Latest in Chain Depot Shuttering
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Wendy’s to Shutter 140 Restaurants by Year’s End
It’s unclear at this time which locations will be closed, but Wendy’s CEO said it would be underperforming restaurants.Business - Inc. - November 2 -
Home Depot co-founder Bernie Marcus dies
Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95.Politics - NBC News - November 5 -
11-year-old stuns pharmacist at shuttering Weston Walgreens with gift
A small group of loyal customers gathered in Weston Saturday morning to thank a pharmacist who is relocating as Walgreens closes the location where he served the community for almost three decades.Top stories - CBS News - October 27 -
PlayStation Shuts Down Concord Permanently, Shutters Dev Firewalk Studios
Sony has announced that it has shut down Firewalk Studios, the developer behind the multiplayer-shooter game Concord. Additionally, Concord has been permanently sunset, dashing any hopes of a ...Tech - GameSpot - October 29 -
PepsiCo to Eliminate 400 Jobs as It Shutters 4 Bottling Plants
The closures will affect workers in Cincinnati, Chicago, Harrisburg and Atlanta.Business - Inc. - October 30 -
Smog crisis envelops Indian capital as Pakistan province declares emergency
Schools ordered to close in Delhi and Punjab province as neighbouring countries battle dangerous air pollution. India’s capital, Delhi, has ordered all primary schools to cease in-person classes ...World - The Guardian - November 15 -
What a shuttered quarry says about Mexico’s investment climate
The forced closure of a US-owned site in Yucatán asks questions about new president Claudia Sheinbaum and the private sectorWorld - Financial Times - November 16 -
Home Depot is both a secular and cyclical stock, Jim Cramer says
CNBC's Jim Cramer on Monday suggested that Home Depot is able to both grow independently of the business cycle and flourish when the economy is doing well.Business - CNBC - October 29 -
Bernie Marcus, Home Depot Co-Founder, Is Dead at 95
In 1978, he came up with the idea of a warehouse-style store that would appeal to the do-it-yourself homeowner. With a partner’s help, it became the world’s largest home-improvement retailer.Business - The New York Times - November 8 -
Bernard Marcus, Co-Founder of Home Depot, Dies at 95
His chain of warehouse-style stores used cavernous interiors and low prices to lure customers.World - The Wall Street Journal - November 5 -
Home Depot co-founder Bernie Marcus dies at 95
Home Depot co-founder Bernard "Bernie" Marcus helped launch the home improvement chain in 1978.Top stories - CBS News - November 5 -
The Home Depot Co-Founder Bernie Marcus Dies at 95
Billionaire, philanthropist and political donor Bernie Marcus died in Boca Raton, Florida, surrounded by family.Business - Inc. - November 5 -
Home Depot’s sales are improving, but it says consumers are still cautious about spending
Home Depot is mired in a sales slump as homeowners put off major projects.Business - CNBC - November 12 -
Home Depot Says Hurricane Demand Slows Sales Slump
Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as mortgage rates drop.Business - Inc. - November 12 -
Home Depot is on the verge of an earnings rebound after quarterly beat and raise
Same-store sales were better than feared, lifted by this summer's hurricanes in the U.S.Business - CNBC - November 12 -
Why Home Depot made an $18.25 billion bet on the pro business
The retailer's acquisition is boosting the business as home improvement demand remains slow.Business - CNBC - November 15 -
Dispute over London depot threatens plans to break Eurostar monopoly
Richard Branson’s Virgin Group is among challengers seeking to offer new rail service between UK and European mainlandWorld - Financial Times - 4 days ago -
How Callaway’s bet on driving range chain Topgolf went off course
The merger of hospitality and golfing has fallen victim to changing consumer habits and high costsBusiness - Financial Times - October 29 -
China’s largest coffee chain plans to take on Starbucks in US
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and finedBusiness - Financial Times - October 29 -
Halloween costume chain Spirit bet on the pop-up model and won
Spirit Halloween's success as a seasonal pop-up retailer is leading it to make a foray into Christmas with 10 temporary stores.Top stories - CBS News - October 29 -
Airbus sticks to aircraft production target despite supply chain woes
Board plans to propose renewing Guillaume Faury’s mandate as chief executive next yearBusiness - Financial Times - October 30 -
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Starbucks is planning to bring back Sharpies and ceramic mugs and cut back its menu.Business - CNBC - October 31 -
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday.Top stories - NBC News - October 31 -
U.S. Drugmakers Are Breaking Up With Their Chinese Supply-Chain Partners
U.S. drugmakers and biotechs have come to rely on Chinese partners. Now, some of them are looking for alternatives as geopolitical tensions rise.Business - The Wall Street Journal - November 1 -
Float in Pennsylvania parade had person in chains resembling Harris
A float at a Halloween parade in Pennsylvania is sparking sharp criticism, as many called its depictions of former President Trump and Vice President Harris "racist and offensive." Several photos ...Politics - The Hill - November 1 -
TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.Top stories - CBS News - November 2 -
U.S. Chip Toolmakers Move to Cut China From Supply Chains
Applied Materials and Lam Research are telling vendors to follow new restrictions, spurred by U.S. government pressure.Tech - The Wall Street Journal - November 4 -
Rolls-Royce sticks to outlook despite supply chain woes
UK aerospace group buoyed by post-pandemic surge in international travelWorld - Financial Times - November 7 -
Fortress seizes control of art house cinema chain Curzon
Private equity group scooped up chain for $5mn following dispute with US real estate billionaire Charles CohenBusiness - Financial Times - November 12 -
Piano maker Edelweiss finds the key to recalibrating supply chain
British business found a pandemic necessity inspired a grand reinventionWorld - Financial Times - November 13 -
Vivek Ramaswamy's plan to force federal workers back into the office
Vivek Ramaswamy's effort to cut costs could target the nearly two-thirds of federal workers who are still approved to work from home 18 months after the pandemic ended.Politics - NBC News - 5 days ago -
Judge Rejects Efforts to Shutter New York Bitcoin Mine over Climate Concerns
Greenidge Generation in the Finger Lakes began mining bitcoin four years ago.Business - Inc. - November 15 -
Big Lots plans to shutter 19 more stores as additional locations stop closing process
Hundreds of stores have already closed and more are expected to do the same.Politics - The Hill - 5 days ago -
Trump mourns Home Depot founder, GOP donor Bernie Marcus: 'An extraordinary man'
Former President Trump on Tuesday mourned “legendary entrepreneur and political genius” Bernie Marcus, the Home Depot founder and prominent Republican mega-donor who died Monday at the age of 95. ...Politics - The Hill - November 5 -
Cramer's week ahead: Earnings from Home Depot, Disney and new CPI data
CNBC's Jim Cramer also highlighted earnings from Shopify, Spotify, Tyson Foods, Cisco and Alibaba next week.Business - CNBC - November 8
