The packaging giant will cease operations at four locations by the end of April 2025, affecting both hourly and salaried employees across multiple states. International Paper confirmed today that it will close its Red River containerboard mill in Campti, Louisiana, as well as a recycling plant in Phoenix, Arizona, a box plant in Hazleton, Pennsylvania, … Read more
Still grappling with the aftermath of a hefty payout and money-laundering scandal, TD Bank has announced a wave of branch closures across 10 states and Washington, D.C. This move has sparked concerns among customers and local communities, many of whom rely on in-person banking services. In an effort to optimize operations, TD Bank will shutter … Read more
A major shift is underway in the American banking landscape. One of the nation’s largest financial institutions has announced plans to shut down 60 branches across several states. Of those locations, 14 are in New York, leading many residents to question what this development means for their daily banking needs. In its official statement, Flagstar … Read more
A pivotal closure set to impact Brewton’s economy and hundreds of employees. A manufacturing facility that has operated in Brewton, Alabama, since 1976 will shut down its production lines in the coming months, affecting approximately 200 staff members. The plant, owned by Grede LLC, confirmed that the decision was prompted by an inability to regain … Read more
The century-old retailer continues to shrink as it struggles to adapt to the post-pandemic retail landscape. They survived bankruptcy in 2020. They tried to bounce back with new strategies. But now, JCPenney is preparing to shutter seven more stores across the country, marking another setback in its long battle to stay relevant in an increasingly … Read more
Concerns are growing nationwide as Bank of America confirms the shutdown of numerous local branches across the country. Many consumers who rely on in-person services are worried, especially since this move follows a broader trend toward online and mobile banking. In fact, several major American banks have already reduced their physical locations this year. Recent … Read more
A sudden closure sparks questions about the freight sector’s future and financial stability Davis Express Inc., a long-standing trucking firm based in Starke, Florida, has decided to cease operations after 44 years in business. The company will make its final deliveries by April 23 and return all trucks by April 30. Its leadership insists that, … Read more
In a move that has caught the fashion world’s attention, Fossil—headquartered in Richardson, Texas—is preparing to say goodbye to a significant part of its physical presence. For many shoppers, strolling into a Fossil store has long been a familiar routine. Now, that routine will be disrupted. The company has confirmed plans to close 50 locations … Read more
An unexpected move that shakes the crafting world and challenges local economies. One of the nation’s most recognized arts and crafts retailers, Joann, is shutting down all its stores after a failed restructuring deal. A liquidator’s successful bid forced the company into a full-scale liquidation, leaving 19,000 employees—and countless dedicated customers—wondering what comes next. Joann’s … Read more