Over the last few years, many chain restaurants have struggled. Changing consumer tastes and bad management often play a part. While some chains have closed locations, others have filed for bankruptcy protection. TGI Fridays recently joined the list of companies that filed for bankruptcy. They claim that the company has never recovered from COVID-19 losses….
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Rumored for months, it finally happened this week. Legendary storage container company Tupperware filed for Chapter 11 Bankruptcy. Famous for their at-home parties, Tupperware has struggled for years. As the world changed and everyone started shopping at big box stores, Tupperware held out, refusing to change. They reached their peak in the 1960s. However, women…
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When shopping for our bedroom, bathroom, or kitchen, most of us have a favorite store. For the last two decades, I usually made Bed, Bath & Beyond my first stop for home goods. But they’ve been struggling in recent years, and it shows. And lately, even though they’ve tried to fix their problems, it’s not…
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We’ve always been taught that bankruptcy is a horrible thing. But I’ve noticed that it’s actually on bad for people. When companies files bankruptcy, the penalties never seem as severe. Perhaps, this should change…
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The recent new that Sears could be going away has me thinking back to my youth. Like most Midwestern families we were a Sears family and while I know that times change, I can’t imagine a world without…
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No, that’s not the doorbell ringing… But it is one of my old pals…
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