GoKawiil
Tech News
Starbucks disclosed during its fiscal Q4 and full-year 2026 earnings report that it plans to open hundreds of new stores in the U.S. during 2027 and 2028. The announcement comes after the company closed a number of underperforming locations in recent months.
Crumbl, the cookie chain known for its rotating menu and oversized treats, has been shutting down locations across the US this year, with closures reported in more than a dozen states. The closures mark a reversal for a brand that expanded rapidly after gaining popularity on TikTok following its 2017 founding.
Meritage Hospitality, one of Wendy's largest franchise operators, said Friday it could shut as many as 60 additional restaurants as part of its Chapter 11 bankruptcy proceedings. The company has already closed more than 90 Wendy's locations this year.
Kroger has shut down more than 50 supermarkets spanning its various brands across 18 states, a review of its store footprint found. The closures follow an announcement made roughly a year and a half ago in which Kroger said it would reduce its number of underperforming locations nationwide.
Meritage Hospitality Group, one of Wendy's largest franchisees, shut down 13 additional restaurant locations over the weekend. The closures bring the total number of shuttered Wendy's locations tied to the company to more than 30 since it filed for Chapter 11 bankruptcy protection last month.
A large Wendy's franchisee going through bankruptcy proceedings plans to shutter 10 additional restaurant locations this weekend. Wendy's corporate has objected to the specific stores chosen for closure and attempted to intervene in the legal process, but the closures appear set to proceed regardless.
Despite Ace Hardware's overall record-breaking expansion, a number of longstanding locations are set to close permanently in 2026. The closures highlight the uneven landscape faced by independently operated stores within the chain. The updated list of affected stores has been released, marking a significant shift for the company's retail footprint.
Meritage Hospitality Group, one of Wendy's largest franchisees, closed another round of restaurants on Friday, marking the second consecutive weekend of permanent shutdowns. The closures follow the company's Chapter 11 bankruptcy filing as it works to restructure its operations.
An amended franchise disclosure document from Checkers Drive-In Restaurants shows the Checkers and Rally's burger chains have seen a net decline in store locations. The filing details where closures have been concentrated as the chains' overall U.S. footprint shrinks.
T.J. Maxx, owned by TJX Companies, is closing a small number of longtime store locations, including two notable ones already shuttered this year. The closures come even as the parent company continues to pursue overall growth and open new stores elsewhere.
Starbucks confirmed last week it is closing about 250 stores across North America, roughly 1% of its 18,000 locations in the region. As of Monday, the affected locations are showing as closed on Google and in the company's own store locator tool.
A large Wendy's franchisee that filed for Chapter 11 bankruptcy protection earlier this month has disclosed in new court filings that it could close as many as 30 restaurants in the coming weeks. Five specific locations slated for closure have already been identified as part of a cash collateral agreement tied to the bankruptcy proceedings.