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Closing a Business

Failure

Why Most Restaurants Featured on 'Kitchen Nightmares' Fail

British chef Gordon Ramsay supposedly turns things around for these business owners every episode, but they go out of business anyway. Here's an explanation.
Exit Strategies

5 Legal Steps to Take to Shutter Your Business

It can be a hard decision to close up shop, but make sure you do it properly if it comes down to it.
Retail

Wet Seal Just Made Two-Thirds of Its Stores Disappear

The teen retailer's struggle with declining sales is another reminder to mall-loving millennials that their childhood is over.
Retail Businesses

C. Wonder, the Preppy Fashion Chain Founded by Tory Burch's Ex, Is Officially Closing Up Shop

After a brief but dramatic run, C. Wonder has shuttered the last of its stores.