I've spoken with several owners of seafood restaurants who are struggling. Besides the stuff everyone is dealing with, the labor challenges and general inflation; they tell me the cost of quality seafood (raw product) has gone up to the point where they can't sell it at a price many customers are willing to pay and still make a profit.Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs
Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter.www.bloomberg.com
Mall retailer considers Chapter 11 bankruptcy as cash dwindles
2024 will be 'toughest' labor market 'in our lifetime': Report
2024 will be 'toughest' labor market 'in our lifetime': Report
RedBalloon CEO Andrew Crapuchettes breaks down findings in a new report '2024: The Toughest Labor Market' in a Fox News Digital exclusive interview.www.foxbusiness.com
Apparel retailer Express files for US bankruptcy protection, to close over 100 stores
Apparel retailer Express files for US bankruptcy protection, to close over 100 stores
The retailer whose portfolio includes brands such as Express, Bonobos and UpWest Express, listed assets and liabilities in the range of $1 billion to $10 billion, according to a filing with the bankruptcy court in Delaware. As part of the bankruptcy process, the company will close approximately...finance.yahoo.com
I did some work for them years ago. Cheapest people ever, they were impossible to deal with. I walked away.I heard Dollar General is closing 100 stores. Sadly, the small town they are in will have to survive with the remaining 50 stores.
They still only have to walk a mile…just down the other road in town.I heard Dollar General is closing 100 stores. Sadly, the small town they are in will have to survive with the remaining 50 stores.