Retail and Restaurant Chains Restructure Amid Challenges

Advance Auto Parts is closing all 138 stores in California by March, affecting over 1,600 jobs as part of a nationwide restructuring plan to combat declining sales and return to profitability. Red Robin is evaluating the closure of up to 70 underperforming locations as part of a five-point turnaround strategy to improve financial performance after posting significant losses in 2024. Meanwhile, Jack in the Box has shuttered three Kansas City locations but remains optimistic about maintaining operations in the area. The historic Hotel Saxonburg is closing in Saxonburg due to rising costs and health issues, ending nearly 200 years of service. Mariachi Mexico in Armonk will close after 35 years due to a lease non-renewal. On the other hand, Popeye's is expanding with a new location in Birmingham, renovating a former Burger King site on U.S. Highway 280.