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Financial Loss

Business
Red Robin May Close Dozens Of Struggling Restaurants: Here's What We Know Red Robin May Close Dozens Of Struggling Restaurants: Here's What We Know
Red Robin May Close Dozens Of Struggling Restaurants: Here's What We Know Red Robin may soon serve its last burgers and orders of bottomless steak fries at dozens of locations nationwide. Red Robin is considering closing up to 70 underperforming restaurants, the chain revealed in its latest earnings report. The announcement came after Red Robin posted a $77.5 million net loss in 2024. One restaurant already closed during the fourth quarter, the Colorado-based company said. "While financial results for 2024 fell well below our original expectations, we've made substantial improvements to the guest experience and believe we still have a significant …

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by Chris Spiker
Police & Fire
Police Warn Of Home Improvement Scams Targeting Westchester Residents Police Warn Of Home Improvement Scams Targeting Westchester Residents
Police Warn Of Home Improvement Scams Targeting Westchester Residents A police department in Westchester is warning residents to be wary of scammers posing as home repair contractors who have been targeting those in the area.  In an announcement on Monday, Nov. 18, the Village of Mamaroneck Police Department issued an advisory to residents regarding a rise in home improvement scams in the area.  According to the department, the schemes involve "dishonest contractors or individuals posing as legitimate service providers" who offer home repair and renovation services to residents. Once they are hired for a job, the scammers will then take advantage of…

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by Ben Crnic
Business
Full List Of New Round Of Sears, Kmart Closures Announced Full List Of New Round Of Sears, Kmart Closures Announced
Full List Of New Round Of Sears, Kmart Closures Announced Sears Holdings Corp., which owns Sears and Kmart, has announced the exact locations in a round of store closures as sales continue to decline. The company said in an earnings statement Thursday it plans to close 63 of about 100 nonprofitable stores. Sears Holdings initially announced plans to close 72 stores, but later in the day adjusted that number to 63 stores: 48 Sears stores and 15 Kmart stores. Nine additional stores that it initially planned to announce would close will be evaluated further. There are 529 Sears stores and 365 Kmart stores in the U.S. The list of the Sears and Kmart…

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by Joe Lombardi