Our City Online

chains

Columbus Diners Moving Away From Chain Restaurants

Walker Evans Walker Evans Columbus Diners Moving Away From Chain Restaurants

Customer preferences are changing rapidly in favor of independent restaurants versus chains, according to Yelp’s second annual Local Economic Outlook report. “While chain restaurants across the country encounter increasingly choosy diners, independent fast-food and fast-casual restaurants have seen a continued increase in average ratings, improving by seven percent in the last five years,” stated Yelp […]

No Comments

19 Retailers that Filed for Bankruptcy and/or Closed Stores in 2017

Walker Evans Walker Evans 19 Retailers that Filed for Bankruptcy and/or Closed Stores in 2017

Consumer trends are changing in the world of traditional retail shopping. Those words couldn’t have rang truer in 2017, a year that saw a massive wave of bankruptcy filings and store closures across major brands, despite a growing US economy. Some of the spokespeople for the struggling stores are blaming Amazon for ravaging brick and […]

No Comments

Retailpocolypse: Toys “R” Us Files for Bankruptcy

Walker Evans Walker Evans Retailpocolypse: Toys “R” Us Files for Bankruptcy

The steady stream of large retail closures and bankruptcy filings in 2017 has slowed down over the summer months, but news this week from New Jersey-based Toys “R” Us has brought this year’s chain retail woes back into the spotlight. The company announced on Monday that it would be “commencing court-supervised processes to implement financial […]

No Comments

Payless ShoeSource Closing 800 Stores Across US, Including Four in Central Ohio

Walker Evans Walker Evans Payless ShoeSource Closing 800 Stores Across US, Including Four in Central Ohio

After filing for bankruptcy back in April and announcing 400 store closures, Payless ShoeSource made news again yesterday by announcing another 408 stores that will close. The combined total represents a reduction of the company’s retail footprint by approximately 20 percent, bringing their 4,000 international store total down to 3,200 for now. The combined closure list […]

No Comments

Rue21 Closing 400 Stores Across US, Several in Central Ohio

Walker Evans Walker Evans Rue21 Closing 400 Stores Across US, Several in Central Ohio

Teen retailer Rue21 is the latest chain to downsize its brick-and-mortar footprint, an ongoing trend thus far in 2017. The company announced over the weekend that it would be closing 400 of its stores, slimming down to a total of 700 locations. “It’s true – we are closing some stores,” states a message posted on […]

No Comments

Sears Reports “Substantial Doubt” About Future of Company

Walker Evans Walker Evans Sears Reports “Substantial Doubt” About Future of Company

In January, The Sears Holdings Corporation announced that it would be closing 150 Sears and Kmart stores across the U.S., including three locations in Central Ohio. Today, it’s been revealed that the company could be closing more, or even all of its stores in the near future. “Our historical operating results indicate substantial doubt exists […]

1 Comment

Wet Seal Closing All Stores

Walker Evans Walker Evans Wet Seal Closing All Stores

The hits keep coming for traditional mall retail stores. California-based chain Wet Seal is reported to close all 171 of its remaining stores soon, following a bankruptcy filing and 338 store closures in 2015, and the failure to find a buyer for the struggling business. Multiple national media outlets are reporting that a notice has […]

No Comments

1 2 3 8

dining categories