Beloved Burger Chain Shutters 140 Stores, Including Those In Michigan, Amid Nationwide Restructuring

Wendy’s will close 140 underperforming locations nationwide, including some in Michigan, as part of a strategic effort to modernize the brand. The company plans to open 250 to 300 new restaurants globally while addressing employee and customer concerns about these closures.

Beloved Burger Chain Shutters 140 Stores, Including Those In Michigan, Amid Nationwide Restructuring Read More

Michigan’s Surprising Leap Into Top 10 Business Rankings – What’s Behind It?

Michigan has risen to No. 10 in Site Selection’s 2024 Business Climate Rankings, up from No. 20 in 2022. This advancement is largely attributed to the ‘Make It in Michigan’ initiative, aimed at fostering job creation and enhancing local communities. The state is recognized for its business-friendly environment and continued economic development efforts.

Michigan’s Surprising Leap Into Top 10 Business Rankings – What’s Behind It? Read More

Michigan’s Economic Surge – 27,000 Jobs Added, Construction Hits 20-Year High

Michigan’s job market flourished in Fiscal Year 2024, adding 27,000 jobs with significant growth in construction, reaching over 200,000 employed for the first time in two decades. The state also saw wage increases, a robust labor force participation rate, and investments in clean energy and advanced manufacturing, solidifying its economic resilience.

Michigan’s Economic Surge – 27,000 Jobs Added, Construction Hits 20-Year High Read More

PitchMI’s $100K Prize: How One Startup Beat the Odds to Electrify the Future

Governor Whitmer announced the winner of the PitchMI competition, Civilized Cycles, which received a $100,000 award to enhance urban transportation. New programs, including “Changing Lanes” for displaced auto workers and the expanded Michigander Scholars Program, aim to transition workers into mobility sectors and retain tech talent in Michigan’s evolving industry.

PitchMI’s $100K Prize: How One Startup Beat the Odds to Electrify the Future Read More

True Value Hardware Files Chapter 11 – Stalking Horse ‘Do it Best Corp’ Picks Up 40 Michigan Stores

True Value Company has entered Chapter 11 bankruptcy to facilitate a sale of its operations to Do it Best Corp, ensuring stakeholder value amid market challenges. The deal protects independent retail stores, continues day-to-day operations, and aims to enhance competitiveness against big retailers. True Value anticipates completing the transaction by the end of 2024.

True Value Hardware Files Chapter 11 – Stalking Horse ‘Do it Best Corp’ Picks Up 40 Michigan Stores Read More

Goodbye Macy’s? Michigan Locations in Jeopardy Amid Nationwide Cuts

Macy’s, a longstanding retailer in Michigan, is considering closing its stores in the state as part of a strategy to downsize, with 150 U.S. closures planned by 2024. Financial struggles and a shift toward luxury brands have pressured the company, impacting employees and customers alike as shopping habits change.

Goodbye Macy’s? Michigan Locations in Jeopardy Amid Nationwide Cuts Read More

Michigan’s Getting Sheetz Done: New Stores Coming Soon

Sheetz is expanding in Michigan with new stores in Ypsilanti and Eastpointe, enhancing the local convenience store market. Their 24/7 service, custom food options, and competitive pricing are winning over consumers. The expansion is expected to create jobs and stimulate local economies while positioning Sheetz as a strong competitor against established brands.

Michigan’s Getting Sheetz Done: New Stores Coming Soon Read More