Companies That Might Go Out Of Business

This one caught me by surprise

www.foxbusiness.com

Bob's Stores closing all retail locations

Bob’s Stores on Monday announced the impending closure of every one of its nearly two dozen clothing retail stores. Its stores are located in six Northeastern states.
www.foxbusiness.com www.foxbusiness.com

It's one of those places I'd go to as a last resort, and usually leave empty-handed. It's mostly name-brand stuff at near-retail price, but it's brands that cater more to the active, sporty person. Just not really for me (and apparently not for too many others).
 
Earl Tupper created airtight food-storage containers in 1942 and began selling them to the public as Tupperware in 1946. At its peak, Tupperware was sold in more than 100 countries. Sales have fallen dramatically in recent years. Shares of Tupperware closed today at 0.51, unchanged. Over the past five years, the share price has fallen by 15.17 (96.75%). Here is the 2023 regulatory filing referred to in the article. Tupperware vice president Karen Sheehan warned that there is "substantial doubt about the company's ability to continue as a going concern." She was right!

 
This is what happens when you don't bribe the influencers and show 15 year old girls dancing with your product on their head
 
Since clicking a couple videos (that aren't jailbait of course) I barely get any 15 year old dancing yoga-pants midriff-baring girls in my feed anymore. What a relief.

Scary that Facebook goes, "You haven't clicked any reels. Let's see... You're male. You're in your 50s. This is what our algorithm says you are most likely to watch."
 
While I'm glad to see him get smashed into oblivion, this stands out to me

Everything from the Infowars.com domain, to its social media accounts, subscriber list ... will be auctioned off piece by piece to the highest bidder on November 13, according to the auction house handling the bidding.

How can that be legal? Those people (idiots IMO) signed up for Infowars, not whoever buys it. It would be like if I signed for news about The Cure, the list got sold and I started getting news about Nickelback.
 
sadchild said:
While I'm glad to see him get smashed into oblivion, this stands out to me

Everything from the Infowars.com domain, to its social media accounts, subscriber list ... will be auctioned off piece by piece to the highest bidder on November 13, according to the auction house handling the bidding.

How can that be legal? Those people (idiots IMO) signed up for Infowars, not whoever buys it. It would be like if I signed for news about The Cure, the list got sold and I started getting news about Nickelback.
Click to expand...
It's kinda like how a nut like Musk bought Twitter. The users just wanted it to be the same, but Musk was able to change it however he wanted.
 
Yesterday "Everyone should eat greasy fast food and drink sugary dairy drinks! Spend your money on what makes you happy!"

Today "Everyone should eat lettuce and drink water! Spend your money on what makes you healthy!"
 
Alan Stillman opened the first TGI Fridays in 1965 in New York City. At its peak, the chain had 890 locations worldwide – and then came the COVID-19 pandemic.

www.huffpost.com

TGI Fridays Files For Chapter 11 Bankruptcy Protection

TGI Fridays Executive Chairman Rohit Manocha in a statement said the “primary driver of our financial challenges resulted from COVID-19 and our capital structure.”
www.huffpost.com www.huffpost.com
 
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