The MOD Pizza chain is denying reports that it shut down five of its California eateries because the state raised the minimum wage to $20 an hour. According to a report by the pizza industry news site PMQ.com, MOD Pizza closed 26 locations over the past few weeks – in...
The San Francisco city government is considering an ordinance that would force grocery stores to give six months’ notice before closing while searching for a replacement to take over their real estate while hosting community meetings to offer updates on their...
Cushman & Wakefield (NYSE: CWK) has appointed Jessica Francisco as the company’s first chief sustainability officer. Francisco joined Cushman & Wakefield in 2022 as the global head of sustainability for the firm’s occupier services business. In her new role,...
The discount retailer 99 Cents Only Stores LLC announced it is closing its chain of 371 stores and winding down its business operations. The City of Commerce, California-headquartered company entered into an agreement with Hilco Global to liquidate the company’s...
The discount retail chain 99 Cents Only Store LLC is considering a bankruptcy filing. According to a Bloomberg report, the company has been unable to offload assets and is weighing either bankruptcy, debt restructuring or an out-of-court agreement. The company is in...
Ares Commercial Real Estate Posts $10 Million Profit as Office Sale Lifts R…
Bank of England Raises Rate to 4% as Mortgage Approvals Fall and Inflation …
