During its evaulation of its debt, the chain will close some or almost all of its 3, 000 stores in the United States.
The administrators of electrical chain Comet will close its Hull Business Centre on Thursday, with the company's final 20 employees being made redundant.
Thanks to the BSE experience and the slowing economy, the chain has decided to close 130 outlets this year while opening just 220, well below the previous pace of expansion.
Another chain has been searching for locations close to this one, and has been hiring its original staff and taking away its customers in droves.
In his bid for the presidential seat, Romney resigned from the board of the Marriott hotel chain, with which he has close ties, and Marriott has announced its intention to phase out adult content.
The plan is to close poorly performing branches, while expanding a new chain of grocers called Food Plus, at a rate of 12 stores a year.
Zwika Pres, who co-owns Nanoosh, a chain of Mediterranean restaurants in Manhattan, had to close them Sunday in advance of the storm.
For instance, the top fast-food chain by number of locations, Subway, added close to 6, 000 restaurants from 2008-2010, the Milford, CT-based company reports.
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Kroc came close to buying Taco Bell, Baskin-Robbins and California pie chain Marie Callendar's in the late 1960s.
The reopening of the probe set off a chain of events that ultimately led News Corp. to close the 168-year-old News of the World.
By lowering the bar for who can own a franchise unit, a chain might recruit undercapitalized, struggling franchisees who end up having to close their units.
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