Business News
‘I’m Gutted’: Joann, an 80-Year-Old Crafts and Fabrics Store, Will Soon Close All 800 of Its Locations
Joann is going out of business.
By Sherin Shibu
Going out of business
Business Legal
Early Music Streaming Service Grooveshark Shuts Down to Settle Infringement
So ends a four-year legal battle with major record companies.
By Reuters
Building a Business
7 Tips for Preventing a Business Meltdown
Sustain a successful company amid a competitive marketplace.
Thought Leaders
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.
By Gene Marks
Building a Business
8 Iconic Brands That Have Disappeared
Remember these? Take a trip down memory lane.
Buying a Franchise
Does the Franchise Industry Have a Turnover Problem?
For every 10 new franchises that open in the U.S., nine close, according to a new report.
By Kate Taylor
Business Accounting
Big-Name Startups Land on Most-Doomed Brands List
Some of the companies that are expected to falter next year are headed by entrepreneurs you're very familiar with.
By Jason Fell
Building a Business
Is Small Business on the Rebound in Your Town?
A look at small-business bankruptcy filings reveals that economic conditions are looking up in some places.
By Carol Tice