#closure

https://filecache.investorroom.com/mr5ir_saksglobal/1237/Saks_Fifth_Avenue_and_Neiman_Marcus_Store_Portfolio-Remaining_Open.pdf

https://filecache.investorroom.com/mr5ir_saksglobal/1236/Saks_Fifth_Avenue_and_Neiman_Marcus_Store_Portfolio-Closing_Locations.pdf

https://www.youtube.com/watch?v=mjfw4zK3Oq8

First we got a WFR announcement. Then a CEO resignation. Now a bunch of site closures.

What else can we expect of a dying company?

Tennessee's first and only Ikea store will close. The Memphis location is set to shut down in May. This closure will result in 114 layoffs. The store originally opened in 2016. It was the only Ikea in the state.

Memphis, Tennessee

https://dailymemphian.com/article/60601/ikea-memphis-closure-to-result-in-114-layoffs

Lumileds will close its San Jose facility. This closure impacts 24 remaining employees. The company previously eliminated 61 positions in November. These actions total 85 affected employees. Lumileds is shifting its manufacturing operations to Asia.

https://inside.lighting/news/26-03/lumileds-san-jose-facility-set-close-layoffs-continue

I am in the January VSP group. What a relief to receive AIP today, and the net amount was around what I expected, maybe even a little higher. It's nice to close another chapter. Party at my place!!!

Prepac Manufacturing is shutting down its Whitsett, N.C. facility. This closure will result in approximately 200 employee layoffs. The company filed a WARN notice for layoffs effective May 2. Prepac cited high domestic production costs and global competition. The plant was named a key U.S. hub just last year.

https://www.wfmynews2.com/article/news/local/prepac-furniture-to-lay-off-200-workers-at-whitsett-location/83-92b05356-1802-42f4-b304-ab931e5c0739

https://boisedev.com/news/2026/03/05/hp-says-it-will-exit-boise-site/

The Pittsburgh Post-Gazette officially informed Pennsylvania of its pending closure. PG Publishing Co. filed a Worker Adjustment and Retraining Notification. The newspaper will cease publication on May 3. All 171 employees will be laid off starting May 4. Block Communications cited significant financial losses and court rulings for the decision.

https://www.pennlive.com/business/2026/03/1-of-the-largest-newspapers-in-pa-informs-state-it-is-shutting-down-171-employees-to-be-laid-off.html

Stanley Black & Decker will lay off 300 employees. This action follows the permanent closure of its New Britain manufacturing facility. Layoffs will occur in five waves, starting in May 2026. Most workers, 287, will be terminated between May 4 and May 18. The company cited a decline in demand for single-sided tape measures.

https://patch.com/connecticut/across-ct/stanley-black-decker-layoff-300-employees-timeline-issued-amid-impending

A South Side rail operator is closing its facility near Rickenbacker International Airport. The company, Cincinnati-based Parsec, is an intermodal railroad transportation contractor. Parsec filed a Worker Adjustment and Retraining Notification (WARN) notice. This closure will eliminate 115 jobs. The affected positions are in central Ohio.

https://www.dispatch.com/story/business/employment/2026/03/04/rail-operation-rickenbacker-close-115-layoffs-parsec/88965960007/

After CVS went inside the Target stores, they closed their standalone CVS stores near by. Here is why they did that.

Being inside Target, they did not have to worry about retailing greeting cards every two miles. Business of selling toilet paper, kitchen towels, batteries, and laundry detergent was taken by Amazon and whey are bringing it to the customer’s door step. Beauty was taken by Ulta and Sephora in recent years. The only thing that was left was cigarettes, candy, milk, useless technology, and some office supplies. They thought keeping full store every two miles did not make sense. So when the opportunity came to take target’s pharmacy space they jumped on it. Traffic was already brought in by Target.

Walgreens needs to do same. We need to be inside Kohls along with Sephora and Amazon Returns. Get their traffic and boost pharmacy.

Greeting card is good business but not every two miles and same goes for other items.

We can also print beauty coupons if they are shopping in Kohl’s and probably Sephora. Kohl’s does that when someone returns at Amazon desk.

Boise site will be closing on a 22 month lead time. Notifications will go out within the next few days. There are 4 total site closures happening. Good luck to anyone impacted!

Action speak louder than words. Bye-bye.

Meteor Creative will close its manufacturing facility. This plant is located in Tipp City. The closure will result in 66 employee layoffs. The facility has operated for nearly five decades. This ends its long presence in the community.

https://www.bizjournals.com/dayton/news/2026/03/03/meteor-creative-layoffs-tipp-city-facility-closure.html

I stumbled across an HR site when looking for surplus information that stated the nine core hubs at AT&T has planned.
Dallas/Plano
Atlanta
El Segundo, California
San Ramon, California
Bothell, Washington
Middleton, New Jersey
Bedminster, New Jersey
Washington DC
St. Louis, Missouri

I was doing a search on the on the one stop site and it was a frequently asked questions about where and how we work.
It also stated the core locations are long-term strategy of where we work.
Also stated that they will be closing locations as a consolidate over the next two years.
Take that info and face value because you know that could change!

A Foods Co. grocery store in south Sacramento will close. This permanent closure will lay off 58 employees. The store on Gerber Road is set to close March 14. The company cited business and economic reasons for this action. Another Foods Co. location in Fresno will also close on the same day.

https://www.sacbee.com/news/local/article314909051.html

UC Berkeley plans to terminate its Fall Program for First Semester (FPF). This program has supported thousands of freshmen over 43 years. The closure threatens layoffs for 29 FPF lecturers. A campus work group recommended termination due to misalignment with objectives and low student opt-ins. The lecturers' union is now bargaining to preserve their positions and benefits.

https://www.dailycal.org/news/campus/uc-berkeley-to-terminate-fall-program-for-freshmen-threatening-mass-lecturer-layoffs/article_c30602de-6e13-49f2-8c32-d726144f8308.html

Why are they really closing it for good? I'm a UCB grad and always thought FPF was a great program. I'm also shocked they'd let go of some truly great lecturers.

Bluum, a tech services company, will close its Irving facility. The company communicated this decision to the state. Bluum cited "strategic restructuring" as the reason. This explanation was provided in an official letter. The closure specifically impacts the Irving operation.

https://www.bizjournals.com/dallas/news/2026/03/02/tech-services-co-wine-distributor-plan-layoffs.html

Focus Services is closing its Greenville call center. This action will result in 94 layoffs. The closure is attributed to the impact of AI. Call centers are facing automation of routine tasks. This trend affects many call center operations.

https://www.bizjournals.com/triangle/news/2026/03/02/focus-services-greenville-call-center-layoffs.html

Six Wisconsin companies filed layoff notices in February. These notices affected a total of 418 workers across the state. Cargill Meat Solutions announced the largest reduction, eliminating 221 jobs. The company will close its Milwaukee meat processing plant by May. Other firms like Ahlstrom Mosinee and TJ Hale also reported significant job cuts.

https://www.jsonline.com/story/money/business/2026/03/02/cargill-fanduel-other-wisconsin-firms-filed-february-layoff-notices/88876843007/

The historic Stockyards Hotel and H3 Ranch in Fort Worth are closing temporarily. This action will result in 120 employee layoffs. The closures are due to extensive renovations planned for both businesses. Layoffs are expected to begin on April 6. The hotel and restaurant are part of a $30 million redevelopment project.

https://dallasexpress.com/tarrant/120-jobs-affected-stockyards-hotel-and-h3-ranch-to-close-temporarily/

First Brands Group is closing its western distribution center. This facility is located in Patterson, California. The closure will affect 98 workers. Layoffs are scheduled for April 4 and April 30. This action follows fraud accusations against the company's founder.

https://ca.news.yahoo.com/98-workers-stanislaus-county-face-020213695.html

First Brands Group will close its western distribution center in Patterson. This closure will result in 98 job losses for workers. Ninety-one employees will be laid off on April 4. The remaining seven employees will lose their jobs on April 30. The company filed for Chapter 11 bankruptcy last September amid fraud accusations against former executives.

https://www.kcra.com/article/stanislaus-county-layoff-first-brands-group-closes-facility-patterson/70563533

Link to the article: https://www.delawareonline.com/story/money/business/2026/02/28/nordstrom-department-store-closing-christiana-mall-location/88917538007/
Link to the video: https://www.youtube.com/watch?v=PFCAruqmrrU

More stores will close, more people will go. Until there's nothing left to close and nobody left to fire.

California's wine industry is experiencing significant economic and market pressures. U.S. wine revenue and production both declined in 2025. Factors include changing consumer preferences, overproduction, and trade barriers. Several wineries and related businesses have announced closures or layoffs. Constellation Brands and Gallo are among the companies affected by these industry shifts.

https://patch.com/california/healdsburg/why-layoffs-are-spreading-california-wine-country

Link: https://www.youtube.com/watch?v=t89am-mBYIE

Legends Hospitality LLC filed a layoff notice for View Boston. View Boston's restaurants will close on April 21, 2026. This action affects at least 41 employees. The workforce reduction takes effect April 22, 2026. The company plans to expand event space and new offerings.

https://www.wcvb.com/article/view-boston-restaurants-closing-april-21-notice-filed-for-layoffs/70515824

An Albertville, Alabama lumber facility will cease production. This closure affects over sixty employees. Southern Parallel Forest Products Corp. owns the site. Parallel Lumber Group holds ownership. A WARN notice confirmed the plans.

https://www.montgomeryadvertiser.com/story/news/local/alabama/2026/02/25/al-lumber-plant-announces-closure-and-layoffs/88839106007/

Heard from strong source that cafeteria contract is not renewed. Closure imminent!

Six companies reported mass layoff plans in Illinois last month. These layoffs are expected to impact over 2,000 workers statewide. Amazon is closing ten Amazon Fresh stores, affecting 1,545 employees. Kroger also announced the closure of its Maywood delivery hub, laying off 72 workers. Alton Steel faces an investigation for potential WARN Act violations after laying off 253 employees.

https://www.pjstar.com/story/news/state/2026/02/24/amazon-and-kroger-laying-off-illinois-employees/88661663007/

How many c bands or level 3 it takes to close a building due to bad weather?
At 300k each, they caanot convice stanky to close a building for a day.

Hearing HRO will close in 2028 and the LAO offices will be merged (not sure when). Has anyone heard anything similar?

FTI Buyer LLC plans to permanently close its Cincinnati facility, laying off 104 employees. The online auction marketplace will shut down operations on March 6, with terminations occurring on or around that date.The company said the closure follows efforts to modernize operations and move toward a more efficient, decentralized distribution network.

https://www.cleveland.com/news/2026/01/a-major-online-auction-operator-is-closing-ohio-facility-more-than-100-jobs-to-be-cut.html

Campbell's Co. announced the closure of its Cape Cod chip plant. The facility is located in Hyannis, Massachusetts. Production at this plant will cease in April. Forty-nine employees will be affected by layoffs. The company plans to transfer production to other locations for efficiency.

https://www.aol.com/articles/popular-chip-brand-exits-coastal-224019762.htm

Walgreens will lay off hundreds of employees across two states. The company confirmed at least 628 job cuts. These layoffs affect 469 positions in Illinois and 159 in Texas. Walgreens also plans to close dozens of retail stores in 2026. The pharmacy chain faces increased competition and higher costs.

https://www.fastcompany.com/91496106/walgreens-layoffs-store-closures-locations-on-doomed-list

Saks Fifth Avenue will close its only Alabama store. This Birmingham location will shut down in April. Forty-four staff members face job loss. Saks aims to consolidate its retail presence. This follows the company's January bankruptcy filing.

https://www.montgomeryadvertiser.com/story/news/local/alabama/2026/02/20/saks-fifth-avenue-closure-of-only-alabama-location-means-staff-layoffs/88737058007/

Sony Group Corp. announced the closure of Bluepoint Games. The Austin-based studio was a PlayStation Studios subsidiary. Approximately 70 workers will lose their jobs next month. This decision followed a business review and new business strategies. Bluepoint Games was known for remaking classic video games.

https://www.technetbooks.com/2026/02/bluepoint-games-sony-closure-leads-to.html

My takeaways - our fearless CEO is just fine if a lot of us quite due to frustration. Major headcount and locations closures coming - call "location optimization" on the call

Leadership seemed to be working overtime to put any negative outcomes on legacy MRC business and the bulk of the positives on the DNOW side