By Eliza Ronalds-Hannon, Janine Phakdeetham, and Claire Boston Express Inc., the clothing retailer that’s a staple in US malls, filed for bankruptcy with plans to sell itself. The company received an offer from brand manager WHP Global and mall landlords Simon Property Group Inc. and Brookfield Properties to purchase the company’s operations and most of its stores, according to a statement on Monday. […]
Zynga, a social game provider based in San Francisco, CA, has announced the closure of its Boston office as well as a 5% decrease in its full time work force of 2,900 employees. Reductions are part of a cost-cutting campaign the company has undergone due to recent declines in earnings. The company has also cut […]
Lock-Ober, a 137-year-old restaurant closed its doors indefinitely this weekend. The historic eatery, which has served royalty, presidents, and movie stars, now has a sign outside stating that is closed for business. The restaurant was founded in the late 19th century by a Frenchman named Luis Ober. Since it’s founding it has become a landmark […]
