The chief financial officer for Bed Bath & Beyond says 40 of the business’ stores will close this year, but 15 new ones will open. On the company’s earnings call, CFO Robyn D’Elia said they are in need of more favorable lease terms with landlords. The goods retailer is based in New Jersey. In the […]
SOLON- Schwebel Baking Company has announced they are closing their Solon bakery in May which will impact 204 employees. According to Lori Mickoltzick, Director of Human Resources, the company will consolidate its production in other Schwebel’s locations in eastern and western Ohio. Schwebel’s currently employes over 1,200 people within the three Ohio bakeries. The company […]
LORDSTOWN, Ohio — It was an emotional day in Lordstown as the final Chevy Cruze rolled off the assembly line Wednesday afternoon at the GM Lordstown Plant. The car was draped in an American flag and surrounded by heavyhearted workers, who now face an uncertain future. General Motors decided to have the plant go idle, as part of […]
CLEVELAND– Eat’n Park announced plans to close five restaurants in Northeast Ohio. The locations in Boardman, Chapel Hill, Medina, Mentor and Willoughby will close on Sunday, Feb. 17. “Although this decision makes sense from a business perspective, it is always difficult to part with team members who shared their loyalty and talents with us. We […]
CLEVELAND, OH (WOIO) – The family that owns Brookpark Skateland announced Friday they will not be reopening. The popular roller skating rink in the 13000 block of Brookpark Road was heaving damaged in a fire on Sept. 19, 2018. The Bradnan family, who has owned Brookpark Skateland for multiple generations, said in a Facebook post the fire […]
While waiting for a perspective buyer to save the company, Sears Holdings has announced it is closing 80 of its locations, both Kmart and Sears department stores, by February of 2019. They are in addition to the 40 previously announced closings, bringing its total to 120. Among the sites that are slated to shut down […]
Sears is inching closer to its death as its chairman Eddie Lampert looks to make a last-ditch effort that will keep the retail store chain alive. Lampert has until 4 p.m. Friday to formally submit a $4.6 billion proposal to buy the company through his hedge fund ESL Investments in an effort to keep 500 […]
CLEVELAND, OH (WOIO) – The ceasing of production at the Lordstown General Motors plant will have a serious impact on Ohio. It’s not just the local workforce that’s affected, though. “The spinoff from this plant is what’s amazing,” said Lordstown Mayor Arno Hill in a phone interview with Cleveland 19 News. “You know, all the sub-suppliers, all […]
LORDSTOWN, Ohio – The General Motors plant in Lordstown will stop production in March of 2019, according to sources who confirmed the news to WKBN. Back in June, nearly 600 employees at the plant opted to retire early or accept a buyout after the company announced the elimination of the second shift. GM is slashing 14,700 factory and white-collar […]
CLEVELAND, Ohio — Happy Dog at the Euclid Tavern will close next month, it announced Friday. According to a Facebook post, the establishment’s lease at the Euclid Tavern is up at the end of the year, and its last day of business will be Nov. 17. Happy Dog took over the Euclid Tavern location about four […]
CLEVELAND – After trying to stave off a decade straight of unprofitable years, the inevitable has finally happened: the parent company of Sears and K-Mart filed for Chapter 11 bankruptcy protection Monday morning. As a result, more than 100 stores will shutter at the end of the year, including the Kmart store in Middleburg Heights, […]
CLEVELAND– Huntington Bank is closing 70 branches, including 30 in the state of Ohio. Of those closing, 10 are located in Cleveland and two are in Akron, according to a company spokeswoman. These are the 10 branches closing that are considered Cleveland: 1330 Som Center Road, Mayfield Heights 260 East Main Street, Andover 2700 N. […]