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☆ ‘It was humiliating.’ Evictions in these cities are worse than before Covid
▼ + stars: | 2024-07-24 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —A toxic mix of surging rental rates and vanishing support for renters has catapulted evictions above pre-pandemic levels in some major cities. Evictions have increased most significantly in Sun Belt cities where housing affordability has worsened and where renters often have fewer protections. Other cities, including Minneapolis (+44%) and Columbus, Ohio (+37%), are also experiencing higher levels of evictions than before the pandemic. Three-quarters of the 34 cities tracked by the Eviction Lab had evictions increase between 2022 and 2023. The vast majority of evictions are for issues related to nonpayment of rent, according to the Eviction Lab.

Persons: ”, Chris Salviati, Kristolyn Lloyd, you’re, ” Lloyd, —, Yuki Iwamura, “, Lloyd, ‘, ’ ” Lloyd, Diane Yentel, Brett Coomer, Jacob Haas, it’s, Haas, Heather Vargas, she’s, Vargas, ” Vargas Organizations: New, New York CNN, Princeton University ., Broadway, CNN, Bloomberg, Getty, Income Housing Coalition, Princeton’s, Houston, Harvest Time, Houston Chronicle, Investors Locations: New York, Sun Belt, Gainesville , Florida, Houston, Nashville, Fort Worth , Texas, Minneapolis, Columbus , Ohio, Columbus, Las, New York City, Covid, Manhattan, Queens, Texas, Florida, Atlanta, Las Vegas, Phoenix, Harris, South Carolina, Philadelphia, Wilmington , Delaware, Miami, Cleveland, San Diego, Citrus, Califonia, ”

☆ We Mapped Heat in 3 U.S. Cities. Some Sidewalks Were Over 130 Degrees.
▼ + stars: | 2024-07-17 | by ( Raymond Zhong | Mira Rojanasakul | ) www.nytimes.com time to read: +9 min

Just consider this image, captured recently by satellite, of surface temperatures across Phoenix. On the city’s desert fringes, in territory governed by Native American nations, the land was even hotter, 150 degrees or more. Surface temperatures are just one of many factors that cities are thinking about as they try to protect residents from extreme heat, said Ladd Keith, an associate professor in the School of Landscape Architecture and Planning at the University of Arizona. Sacramento July 11, 2024 LAND SURFACE TEMPERATURES 120˚F 130˚F 140˚F 150˚F Sacramento July 11, 2024 LAND SURFACE TEMPERATURES 120˚F 130˚F 140˚F 150˚F Sacramento July 11, 2024 LAND SURFACE TEMPERATURES 120˚F 130˚F 140˚F 150˚F Sacramento, Calif. July 11, 2024 LAND SURFACE TEMPERATURES 120˚F 130˚F 140˚F 150˚FCitrus Heights AIRPORT North Highlands AIRPORT Aden-Arcade Rancho Cordova Sacramento AIRPORT AIRPORT Florin 2 miles Citrus Heights AIRPORT North Highlands AIRPORT Rancho Cordova Sacramento AIRPORT AIRPORT 2 miles AIRPORT Citrus Heights North Highlands AIRPORT Rancho Cordova Sacramento AIRPORT AIRPORT 2 miles Florin AIRPORT Citrus Heights AIRPORT Rancho Cordova Sacramento AIRPORT AIRPORT 2 miles AIRPORT AIRPORT Sacramento AIRPORT AIRPORT 2 miles Sacramento 2 miles Sacramento 2 miles Sources: U.S.G.S. In Portland, Ore., tree-filled areas like Forest Park, on the city’s west side, provided oases of cool last week.

Persons: Kevin Foster, Ladd Keith, Keith, ” Dr, ”, Victoria Vasquez, Vasquez, Vivek Shandas, Shandas, “ Organizations: U.S . Cities, Phoenix, Arizona Burn, of Landscape Architecture, University of Arizona, Sacramento, Arcade, Cordova Sacramento, AIRPORT Florin, Sacramento AIRPORT, Florin, AIRPORT, United States Forest Service, Park, Park Gresham, Portland State University Locations: U.S, Phoenix, MCDOWELL YAVAPAI, MARICOPA, Glendale, FORT MCDOWELL YAVAPAI, Maricopa County, Sacramento, Calif, Citrus, Aden, Citrus Heights, California, Portland, Ore, Vancouver, Wash, Park Portland, Gresham, Powell, Park Lake Oswego, Park Gresham Portland, Beaverton Lake Oswego, Gresham Beaverton, Oswego Vancouver, Gresham Beaverton Lake Oswego, Forest Park Portland, Multnomah County, Oregon, Washington

☆ Red Lobster closings: These are the locations it wants to shut down
▼ + stars: | 2024-06-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +6 min

New York CNN —Red Lobster wants to close several dozen more restaurants following its bankruptcy, and it has identified which ones are in danger of shutting down if the court approves its plan. The chain, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, filed for bankruptcy last month. Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. Part of its plan is to close some locations of its nearly 600 restaurants in the meantime. A few weeks prior to its bankruptcy, it abruptly closed around 50 locations across the United States.

Persons: Fort Smith, Callaghan Lane, Fort, Elizabeth, Merritt, Port Richey, Dale Mabry, Ames, Charles Rock, Noland, Pike, Miller, Monroe, King of Prussia, Knox Abbott, Sam Rittenburg, Anderson Lane, Michael, Van Dorn, Murdock Organizations: New, New York CNN, Beulah, Bell, Oracle, Yuma Palms, Hospitality, College, Run, Fort Myers, Fort Walton, Biscayne, , Michigan City, Charles, Bartow, Pittsburgh, Lamar, Fairfax Locations: New York, America, United States, . Alabama, E, Tuscaloosa Arizona, Flagstaff, Peoria, Phoenix, Tucson, Yuma Arkansas, Shiloh, Fayetteville, Springs, Little Rock California, Citrus Heights, Calaveras, Milpitas, Ave, Monrovia, Pittsburg, Salinas, Hospitality Lane, San Bernardino, San Jose, Lane, Stockton, Vallejo Colorado, Colorado Springs, Fort Collins, Greeley, Pueblo Connecticut, North Haven Delaware, Talleyville Florida, Altamonte Springs, Clermont, North, Clearwater, Coral Springs, Fort Lauderdale, Cleveland, Fort, Fort Walton Beach, Hwy, Kissimmee, Worth, Lake Worth, Lakeland, Leesburg, Haven Ave, Melbourne, Merritt, St, Miami, North Miami, Orange, Alafaya, Orlando, Pensacola, Port, Petersburg, Tampa, The, West Palm Beach Georgia, Columbus, Jonesboro, Rome, Smyrna Illinois, Bourbonnais, Champaign Indiana, Kokomo, , Michigan, Richmond Iowa, Ames Kansas, Topeka Kentucky, Louisville, Paducah Maryland, Salisbury, Salisbury Michigan, Bay City, Waterford Minnesota, West, Bloomington, Golden Valley Mississippi, Tupelo Missouri, Charles Rock Rd, Bridgeton, Independence, Joplin New Jersey, Delran, Paramus New York, Bartow Ave ., Bronx, Copiague, Lakewood, Manhattan, Glen Street, Queensbury, Stony Brook North Carolina, Cary, Jacksonville Ohio, Dayton, Findlay, Maumee, S.E, , New Philadelphia, Parma, Strongsville, Monroe St, Toledo Pennsylvania, Chambersburg, DeKalb Pike, Pittsburgh South Carolina, Cayce, Charleston Tennessee, Chattanooga Texas, Austin, Padre, Corpus Christi, Duncanville, Frisco, Houston, Lubbock, Bedford, Richland Hills, San Antonio, San Marcos, Shenandoah, Texarkana, Wichita Falls Virginia, Alexandria, Blvd, Chesapeake, Fairfax, Spotsylvania, Fredericksburg, Richmond, Broad, Virginia Beach, Pkwy, Virginia Beach Washington, Lynwood, Randall Way, Silverdale West Virginia, Parkersburg

☆ Why are prices still so high? Corporate greed, some say.
▼ + stars: | 2024-03-11 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

While supply chain problems and high demand may have helped spur inflation early in the pandemic, Rosolino believes there’s another key reason why prices have soared and remained high: Corporate greed. It’s corporate greed.”Nick Rosolino feels businesses won't lower their prices as long as consumers keep spending. “Too many corporations raise prices to pad their profits, charging more and more for less and less,” Biden said. Companies are typically slower to reduce their prices when costs decline than they are to raise prices when their expenses jump. Corporate profits have contributed to inflation, though experts differ on the extent.

Persons: Nick Rosolino, Rosolino, there’s, ”, “ It’s, Nick Rosolino Reluctantly, Joe Biden, “, ” Biden, Cookie Monster, Lael Brainard, Goldman Sachs, Neil Bradley, Heather Vargas, ” Vargas, ” Heather Vargas, Heather Vargas Vargas, –, Kellogg, Gary Pilnick’s, Companies haven’t, Aaron Hackman, McKinley Conner, Aaron Hackman “, Hackman Organizations: CNN, America, White, Economic Council, Federal Reserve, Companies, Federal Reserve Bank of Kansas City, US Chamber of Commerce, of Labor Statistics, “ Locations: Maine, New Gloucester , Maine, Portland, Heights , California, Fort Lauderdale , Florida

☆ Rite Aid is planning to close about 150 locations. See if your local store is on the list.
▼ + stars: | 2023-10-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +9 min

Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. Rite Aid is the smallest of the three major drugstore chains, well behind CVS and Walgreens. Rite Aid was expected to close stores as part of its bankruptcy. Rite Aid told Insider that it considers a variety of factors when deciding to close a store, "including business strategy, lease and rent considerations, local business conditions and viability, and store performance." "We will also strive to transfer associates to other Rite Aid locations where possible," the company said.

Persons: —, Glen, Taylor, Daniel Webster, Merrick, William Penn, Redmond, Lacey Organizations: CVS, Walgreens, Service, Pennsylvania . Rite Aid, Wall Street Journal, Rite Aid, Rite, Crenshaw, Hollywood Way, San, Niguel, Yorba, Santa, Thompson Boulevard, Ventura, Atwater, Overland, Meridian, Main, Bel, Bel Air South, Park, Main Street, Lafayette, Garfield, Garden, Ford, Flint, Farmington, Whittemore Street, New Jersey :, Marshall, Bridgeton Pike, Whiting, Pike, Huntington, Jericho Turnpike, Jeff, North Street, Cesar, Chavez, Pennsylvania, Stevenson, Bethel, Union, Allentown, Fourth Street, Fifth, Washington Lane, Street, Central Avenue, Grady, Everett Locations: California, New York, Pennsylvania, Los Angeles, Rock, Centinela, Downey, Beach, Burbank, Hollywood Way Covina, Puente, Alhambra, Oceanside, San Diego, Yorba Linda, Santa Ana, Thompson, Thompson Boulevard Oxnard, Cupertino, Santa Clara, Cruz, Bellevue, Sacramento, Boulevard Ontario, Irvine, Monterey, Alvarado Street Connecticut, Bethel, Greenwood, Delaware, Newark, Hill, Wilmington, Idaho, Boise, Maryland, Elkton, Pulaski, Baltimore, Glen Burnie, Baltimore Annapolis Boulevard Massachusetts, Webster, Main Street Michigan, Fremont, Greenville, Clinton, Macomb, Sturgis, Centerville, Clinton Township, Gratiot, Shelby Township, Dyke, Jackson, Michigan, Manistee, Garden City, North, Detroit, Farmington Hills, St, Johns, Whittemore Street Lansing, Hampshire, Merrimack, New Jersey, New Jersey : West Milford, Mantua, Bridgeton, Irvington, Somerset, Williamstown, Pike New York, Brooklyn, Shore, Merrick, East Northport, Jericho, Jericho Turnpike Medford, Patchogue, West Patchogue, Kenmore, Rochester, Flushing, Levittown, Ohio, Massillon, East New Carlisle, Dayton, Youngstown, Springfield, North Street Bellefontaine, Oregon, Portland, Kensington, Brighton, Bethel Park, Pittsburgh, Greensburg, Bethlehem, Fourth Street Philadelphia, Venango, Washington, Conshohocken, Hanover, Mechanicsburg, Erie, Abington, York, Johnstown, Ardmore, Lancaster, Pittston, Wyoming, Yardley, Chester, Street Titusville, Central Avenue Virginia, Chesapeake, Pleasant, Seattle, Graham, Renton

☆ Tuesday Morning says it wants to close 265 stores as part of its bankruptcy filing. See if your local store is on the list.
▼ + stars: | 2023-02-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +30 min

Camarillo: Camarillo Village Square, 2450 Las Posas Road, Ste HCamarillo Village Square, 2450 Las Posas Road, Ste H Roseville: Fairway Commons Shopping Center, 5771A Five Star Blvd. San Diego: Pacific Plaza Shopping Center, 1772‐D Garnet AvenuePacific Plaza Shopping Center, 1772‐D Garnet Avenue Woodland Hills: Pride Shopping Center, 22950 Victory Blvd. Winston-Salem: Whitaker Square Shopping Center, 1947 North Pease Haven Road, Space #1947Whitaker Square Shopping Center, 1947 North Pease Haven Road, Space #1947 Matthews: Windsor Square Shopping Center, 9945 E. Independence Blvd. ; Westhill Village Shopping Center, 7525 WestheimerWeslayan Plaza West Shopping Center, 5442‐A Weslayan Street; Westheimer Commons, 12568 Westheimer Rd. ; Westhill Village Shopping Center, 7525 Westheimer El Paso: West Towne Marketplace, 6450 N. Desert Blvd., Ste.

☆ Big Lots is closing stores in 2023 — see the full list
▼ + stars: | 2023-01-12 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

Big Lots released the latest list of store closures as it makes changes to its network. Going into 2023, Big Lots is also trying to increase the number of stores it has in more sparsely-populated areas of the US. The changes to Big Lots' store network come as the company faces declining sales. Historically high inflation has hit low-income consumers, Big Lots' primary customer base, particularly hard, CEO Bruce Thorn said in December. That's led many of them to hold off on buying the non-essential items that Big Lots sells, he added.

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