Kroger has had a rough year so far. Between the threats of a historic strike... Tariffs, soaring food prices, supply chain disruptions... Not to mention the souring economic situation, especially in Texas... It seems like they're getting hit from every side. And Kroger's answer, as for so many other companies, is - trim down the company's real estate footprint. 50+ stores closing We've previously [...]
In-N-Out CEO abandons California as statewide exodus accelerates
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Rite Aid abruptly closes 1,000+ pharmacies as nationwide collapse accelerates – with more to come
Rite Aid is in freefall. After filing for bankruptcy in May - the second time in less than two years - it's moved quickly to wind up operations and close down as many stores as it can. Out of its total footprint of nearly 1,300 stores, over 1,000 have been closed, with expectations that many of the remainder will likely go dark soon as well. And while the damage isn't limited to Rite Aid - far from it - the fact of [...]
Cracker Barrel abruptly closes 2 more restaurants as turnaround falls flat
Cracker Barrel just can’t seem to catch a break lately. (My view? They shouldn’t have gotten rid of these fan favorite dishes.) On top of last year’s restaurant closures… And of course the rebrand which has caught lots of flack… (Although there’s a good argument to be made that it’s secretly brilliant…) Cracker Barrel is STILL shrinking store count as it tries to find a better balance. The latest two [...]
FDA Bans 12 Dairy Queen Favorites for Artificial Dyes
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Hold up – that Celsius energy drink might be booze!
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