All articles tagged with #business decision
Sydney Sweeney attended Jeff Bezos and Lauren Sanchez's Venice wedding, possibly for strategic reasons related to her potential casting as the next Bond girl, supported by her connections and career plans, indicating her appearance might be a calculated business move.
Justus Terry, a 5-star defensive lineman and top prospect for the 2025 class, chose to sign with Texas over Georgia, citing a 'business decision' influenced by playing opportunities and connections outside of Georgia. Despite Georgia's long-term recruitment efforts, Texas's late entry into the picture and the potential for immediate impact on the field swayed Terry's decision. He emphasized the importance of development and future business opportunities, reflecting his entrepreneurial aspirations beyond football.
Cleveland Browns head coach Kevin Stefanski addressed the controversy surrounding left tackle Jedrick Wills, who opted not to play against the Baltimore Ravens citing a 'business decision' despite being healthy. Wills, recovering from an MCL tear and facing free agency, chose to sit out to avoid aggravating his injury. Stefanski clarified that Wills' choice of words was poor and not indicative of his commitment to the team. The decision has led to Wills losing his starting role, drawing criticism from fans and comparisons to other players like Nick Chubb, who have fought to return from injuries.
After plans to phase out most of its animatronic bands sparked an outcry from fans, Chuck E. Cheese announced it will keep the bands at five locations instead of just two. The decision aims to honor the company's legacy and the nostalgic value of the bands for long-time patrons.
Bloomin' Brands, the parent company of Outback Steakhouse, has closed 41 restaurants across its brands, citing below-average business as the reason. The closures affect locations in several states, with affected employees being offered the opportunity to transfer to other restaurants or receive severance. Despite the closures, the company plans to open between 40 and 45 new restaurants by 2024.
The Outback Steakhouse branch in Roseville, Macomb County, has closed as part of a business decision, with the last day of operation being Friday, Feb. 23, 2024. The closure is not a reflection of the management or staff, and some employees will have the opportunity to transfer while others will receive a severance package. The company appreciates the community's support over the past 29 years and encourages patrons to visit their Southfield or Madison Heights locations.
Bloomin' Brands Inc., the parent company of Outback Steakhouse and other popular restaurants, is closing 41 underperforming locations across its portfolio, including Outback Steakhouse, Bonefish Grill, Carrabba's Italian Grill, and Fleming's Prime Steakhouse & Wine Bar. The decision, announced by CEO David Deno, is based on factors such as sales, traffic-trade areas, and the investment needed to improve the restaurants. The company does not plan to release a list of the impacted restaurants, but it aims to open 40 to 45 new restaurants in 2024. Additionally, Outback Steakhouse plans to open 75 to 100 new restaurants with a revamped design focusing on in-restaurant dining, take-away, delivery, and catering.
The Outback Steakhouse on McKnight Road in McCandless, Pennsylvania has permanently closed as part of parent company Bloomin' Brands' decision to shutter 41 underperforming locations, including other brands such as Carrabba's Italian Grill, Bonefish Grill, and Fleming's. The closures were attributed to various factors including declining sales and customer traffic, as well as the cost of improving older leased locations. Some employees may have the opportunity to transfer, while others will receive severance packages. Despite these closures, Bloomin' Brands plans to open up to 45 new restaurants across its brands in the coming year.
Hertz has decided to postpone its plans to purchase electric vehicles from Polestar this year, citing supply chain challenges. This decision comes after Hertz announced a major order of 100,000 electric vehicles from Tesla and 50,000 from Polestar as part of its initiative to electrify its rental fleet. The car rental company's move reflects the ongoing impact of supply chain disruptions on the automotive industry.
Reddit CEO Steve Huffman defended the platform's decision to shut down some of the most popular third-party Reddit apps due to API pricing changes, arguing that it is a business decision to force AI companies training on Reddit’s data to pay up. Huffman said that the changes are wiping out some beloved Reddit apps, but thousands of subreddits have gone dark for days in protest. Huffman also said that Reddit is willing to work with the apps that are willing to work with them, and that the two biggest apps, Apollo and RIF, threw in the towel.