#declining-sales

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fromBusiness Insider
1 week ago

A beloved 88-year-old Southern comfort food restaurant chain abruptly closed all its locations

The cafeteria-style eatery, known for its affordable, homestyle meals of fried chicken, baked spaghetti, and chocolate cream pie, announced its permanent closure in a Facebook post on Monday. The restaurant chain thanked customers for their support and added, "We are truly sorry to bring this chapter to an end, but profoundly thankful for the love you've shown us for nearly nine decades." No explanation was offered for K&W's sudden closure.
Food & drink
E-Commerce
fromFast Company
3 weeks ago

Target's bad year continues: Sales decline and stock slips as high-stakes holiday shopping season arrives

Target's Q3 fiscal 2025 showed falling sales and lower profits year-over-year, with revenue below expectations while adjusted EPS slightly exceeded estimates and digital sales rose.
Food & drink
fromBusiness Insider
1 month ago

I visited Pizza Hut after Yum! Brands said it was exploring a sale and saw one big reason the chain is struggling

Pizza Hut faces declining sales, unclear consumer value, and strategic uncertainty, prompting Yum! Brands to explore a potential sale.
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