Closing a Business
Calling It Quits on Your Business? Dissolving It Before the Year Ends Could Save You Money — and Time
Not all businesses are meant to last. Some business ideas are just bad, and others were maybe once good but aren't any longer. In such scenarios, entrepreneurs have much to gain from the proper and timely retirement of business entities. Here's why and how you should do it before the end of the year.
TGI Friday's Closes 36 'Underperforming' Restaurants in Surprising Shakeup. See if Your Local Friday's Is Affected
The closures affect restaurants from coast-to-coast.
SmileDirectClub Customers Speak Out After Company Ends Operations Without Warning
The telehealth orthodontics company filed for Chapter 11 bankruptcy in September.
Christmas Tree Shops to Close All 70 Locations: 'I Wish Someone Could Save These Stores'
The chain started as a boutique in Cape Cod in the 1950s.
5 Important Lessons I Learned Working at a Temporary Business
You need to know how to plan and how to prepare to pivot to be a successful business owner — and working at a temporary business taught me a lot about why. Here's what we all could learn from my experience.
Sears Announces It's Shutting Last Store in Home State of Illinois
The store, located in Woodfield Mall, is scheduled to shut its doors on Nov. 14.
Ready to Quit Your Current Venture? Consider These 3 Questions First
Here are a few simple steps to determine if you should pull the plug on your startup.
7 Signs It's Time to Quit Your Business
These hard truths will help you know when to fold 'em.
Toys R Us Will Close or Sell All of its U.S. Stores
The decision threatens the jobs of 33,000 people.
Startup Failure Is When Your Leadership Will Be Tested Most
It's important to lead like a boss particularly when you've made the command decision to close it down.
How DraftKings Survived And Made Daily Fantasy Sports Legal
Facing lawsuits from attorney generals, DraftKings founders not only had to fight legal battles but also had to figure out how to keep their business afloat.
Macy's Is Closing 68 Stores -- Here's Where They Will Shut Down
The company says nearly 4,000 employees will be affected by the closures.
Gap to Close 75 Old Navy, Banana Republic Stores Outside North America
The struggling apparel retailer is focusing on its North American market to revive its fortunes.
Sears Closes 78 More Stores
The company, which had 1,672 stores as of the end of January, said it would close 10 Sears department stores and 68 Kmart discount stores, with nearly all of the closings occurring in late July.
'Uber For Kids' Is Shutting Down After Failing to Get More Funding
The company, founded in 2014, said on Thursday that would cease operations this week after failing to raise more funding to support itself.