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Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction
Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann will shut down all of its 800 locations, ending more than 80 years of selling fabrics and craft supplies. Joann announced the winning bidders at a bankruptcy auction plan to begin going-out-of-business sales at every store, the company said. At its height, the crafts chain had about 850 stores in every state but Hawaii. Financial services company GA Group, in partnership with the prepetition term loan agent, acquired Joann's assets at the auction. "Joann leadership, our board, advisors and legal partners made every possible effort to pursue a more favorable outcome that wou…

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by Chris Spiker
Business
Egg Inflation Hits Denny's: Customers Face New Surcharge At Some Locations Egg Inflation Hits Denny's: Customers Face New Surcharge At Some Locations
Egg Inflation Hits Denny's: Customers Face New Surcharge At Some Locations Soaring egg prices are scrambling the Denny's menu. Denny's is adding a surcharge to meals containing eggs, a company spokesperson confirmed to the Daily Voice on Monday, Feb. 24. The diner chain cited skyrocketing costs fueled by the bird flu outbreak. The company said some locations will temporarily implement the surcharge due to rising egg prices, though the exact amount and which restaurants are affected will vary. "Due to the nationwide egg shortage and increased cost of eggs, some of our restaurant locations will need to temporarily add a surcharge to every meal that includes eg…

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by Chris Spiker
Business
Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up
Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up Starbucks is cutting 1,100 corporate jobs as part of a sweeping restructuring plan designed to simplify operations and refocus on its core business. Starbucks CEO Brian Niccol announced the layoffs in a message to employees on Monday, Feb. 24. The job cuts will affect non-retail support employees, as the coffeehouse chain works to streamline leadership and eliminate duplicate roles. Several hundred open but unfilled positions will also be removed. In-store workers and store hours won't be affected Niccol said the decision is part of the company's broader "Back to Starbucks" plan,…

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by Chris Spiker
Business
As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal
As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal As egg prices continue to soar with no relief in sight, there's finally some good news for consumers. Another breakfast staple is seeing prices snap, crackle, and drop. For the second straight year, cereal prices have decreased. Analysts attribute the reason to lower demand and increased harvests. According to pattern.com, the follow cereals saw the biggest price declines in 2024: Fruity Peebles Corn Pops Quaker Oats Cap'n Crunch Grape Nuts Rice Krispies Trix Other popular brands, such as Cheerios, Rice Krispies, Cinnamon Toast Crunch, Honey Bunches of Oats, Life, a…

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by Joe Lombardi
Business
Scammers Impersonating IRS With These Texts: Here's What To Know Scammers Impersonating IRS With These Texts: Here's What To Know
Scammers Impersonating IRS With These Texts: Here's What To Know A new scam is making the rounds, with fraudsters posing as Internal Revenue Service (IRS) agents and sending text messages promising a substantial rebate.  The trap is a phishing attempt designed to steal your personal and financial information. What’s Happening? The fraudulent messages claim recipients are eligible for a $1,400 stimulus check, directing them to click on a fake link to “claim” their payment.  How The Scam Works You receive a text message appearing to be from the IRS, stating that you’re owed an Economic Impact Payment and must provide personal information …

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by Joe Lombardi
Business
Recall Issued For Popular Snack Brands Sold In 36 States, Including PA Recall Issued For Popular Snack Brands Sold In 36 States, Including PA
Recall Issued For Popular Snack Brands Sold In 36 States, Including PA Consumers in multiple states are being urged to check their snack cabinets after a major recall affecting a popular brand of biscuits, wafers, and snack rolls. ZB Importing LLC is voluntarily recalling certain lots of six varieties of Ulker Brand snack products due to undeclared wheat, egg, and/or milk in the ingredient list and/or "Contains" statement on product labels.  People with allergies or severe sensitivities to these ingredients could experience serious or life-threatening reactions if they consume the affected items. Affected Distribution Areas Products were distributed thr…

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by Joe Lombardi
Business
Dunkin' Drops This Controversial Charge Dunkin' Drops This Controversial Charge
Dunkin' Drops This Controversial Charge Dunkin’ customers will soon be able to add dairy alternatives to any beverage without paying an extra fee. The coffee giant previously charged an upcharge for almond and oat milk, with costs varying by location. In New York City, the additional fee was 75 cents, while in Chicago, customers ordering through the Dunkin’ app paid one dollar. The new policy, which takes effect Wednesday, March 5, comes in response to customer feedback and aims to provide more flexibility for those with dietary preferences. With over 13,200 locations worldwide, Dunkin’ ranks as the second-largest coffee chain g…

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by Joe Lombardi
Business
Tesla Recalls 376K+ More Vehicles For Power Steering Issues Amid Stock Slump, Boycotts Tesla Recalls 376K+ More Vehicles For Power Steering Issues Amid Stock Slump, Boycotts
Tesla Recalls 376K+ More Vehicles For Power Steering Issues Amid Stock Slump, Boycotts As Tesla's stock slides and the company faces growing scrutiny over safety issues, another recall has been issued due to more crash risks in its vehicles, officials said. Tesla has recalled 376,241 Model 3 and Model Y vehicles, the National Highway Traffic Safety Administration said. The Teslas are at risk of losing their power steering assist. A flaw in the printed circuit board of the electronic power steering assist could cause power steering failure when the vehicle stops and then accelerates again. "A loss of power steering assist can require greater steering effort, especially at low…

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by Chris Spiker
Business
Forever 21 Preparing To Close 200 More Stores As Bankruptcy Looms: Reports Forever 21 Preparing To Close 200 More Stores As Bankruptcy Looms: Reports
Forever 21 Preparing To Close 200 More Stores As Bankruptcy Looms: Reports Forever 21 may close at least 200 more stores and could shut down every location during a possible bankruptcy process, according to reports. Forever 21 is considering the closures and its US operator F21 OpCo. may declare bankruptcy as soon as March, Bloomberg News reported. This would be the fast-fashion chain's second bankruptcy filing in about six years. Unless a buyer acquires the remaining locations, the retailer could be forced to liquidate, shutting down its roughly 350 remaining stores. At its height, Forever 21 operated more than 500 US locations and at least 800 worldwid…

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by Chris Spiker
Business
Major PA Coca-Cola Distributor Unveils $100M Plans For Massive Facility Major PA Coca-Cola Distributor Unveils $100M Plans For Massive Facility
Major PA Coca-Cola Distributor Unveils $100M Plans For Massive Facility A soda distributor in Pennsylvania is expanding in the greater Harrisburg area with a $100 million state-of-the-art sales and distribution center. ABARTA Coca-Cola Beverage will build the major facility in South Lebanon Township, the company said in a news release on Wednesday, Feb. 19. The 240,000-square-foot hub will feature cutting-edge automation, including a Vertique case-picking and pallet-building system.  The project is expected to break ground in the summer of 2025 with a goal of opening in late 2026. "We are thrilled to begin this next chapter for ABARTA Coca-Cola," sai…

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by Chris Spiker
Business
'Shark Tank' Looking For Next Big Investment In Philly: Here's How You Can Pitch 'Shark Tank' Looking For Next Big Investment In Philly: Here's How You Can Pitch
'Shark Tank' Looking For Next Big Investment In Philly: Here's How You Can Pitch Innovators, it’s time to sink or swim with the Sharks in the Fishtown section of Philadelphia. The hit ABC television show "Shark Tank" will hold an open casting call in Philly on Friday, Apr. 11. The Emmy-winning program will host it at The Event Center at Rivers Philadelphia, in partnership with Philly's ABC affiliate WPVI-TV. This will be the first "Shark Tank" casting call in the city since 2017. "We’re eager to return to Philly after so many years to see how the entrepreneur community has grown," said Mindy Zemrak, the supervising casting producer since the show debuted in 2…

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by Chris Spiker
Business
Hims & Hers To Launch At-Home Blood Testing With Lab Company Purchase Hims & Hers To Launch At-Home Blood Testing With Lab Company Purchase
Hims & Hers To Launch At-Home Blood Testing With Lab Company Purchase Hims & Hers is introducing at-home laboratory testing, expanding its platform to offer deeper health insights and more precise clinical decision-making.  Hims & Hers Health, Inc. is acquiring Kearny, New Jersey-based Sigmund NJ LLC, marketed as Trybe Labs, the company said in a news release on Wednesday, Feb. 19. The move will allow the telehealth company to support at-home blood draws and comprehensive body testing. The acquisition helps Hims & Hers enhance its personalized treatments, supplements, and medications. "This next generation of healthcare is what we'…

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by Chris Spiker