There could soon be fewer places to grab an app or order a stack of pancakes: Dine Equity, the company behind Applebee’s and IHOP, will close up to 160 locations of the chain restaurants this year in an attempt to trim costs and boost sales. [More]
closing the doors
Students Claim For-Profit College Operator Deliberately Let Their School Fail
By 5.2.17 — Updated: 5.9.17
Former students at one for-profit college allege that the school’s parent company, Laureate Education, committed fraud by deliberately allowing their college to fail and close down. [More]
Family Christian Closing All 240 Stores
By 2.27.17 — Updated: 3.14.17
After 85 years in business, Family Christian is closing for good, shutting down all 240 of its retail stores. [More]
Starbucks Shuttering Final Two Evolution Fresh Juice Stores
By 2.24.17
Six years after Starbucks branched out of its caffeinated coffee corner by purchasing juice maker Evolution Fresh for $30 million and eventually opening a handful of juice stores, the coffee conglomerate is closing the doors of the final two remaining juicy locations. [More]
American Apparel To Liquidate Nine Stores Ahead Of January Auction
By 12.20.16
Two weeks after American Apparel confirmed it could lay off 3,500 workers as part of its second bankruptcy go-around in two years, the company received approval to liquidate nine stores by the end of the month. [More]
ITT’s Parent Company Ceases Operations, Taking Daniel Webster College With It
By 9.15.16
A week after ITT Educational Services closed all 130 of its ITT Technical Institute campuses, the for-profit college education announced it would cease what’s left of its operations Friday, including closing its other beleaguered for-profit education entity, Daniel Webster College in New Hampshire. [More]
For-Profit Brown Mackie College Ceasing Enrollment, Phasing Out Most Locations
By 6.10.16
The nation’s second largest for-profit educator, Education Management Corporation – the operator of chains like Brown Mackie College, Argosy University and the Art Institutes – will stop enrolling students at most of its Brown Mackie locations while “teaching out” the students that remain. [More]
Bob Evans Restaurant To Close 27 Locations
By 4.25.16
If you’ve got a hankering for some Bob Evans food today, make sure to call first. The family restaurant chain closed nearly two dozen locations over the weekend, with more to come. [More]
