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Home/Banking News/A Chain With 500 Locations Now Makes An Unexpected Closure
Market News Today - A Chain With 500 Locations Now Makes An Unexpected Closure

A Chain With 500 Locations Now Makes An Unexpected Closure

By Frank Nez
March 25, 2024
2

A chain with 500 locations now makes an unexpected closure in a prominent Texas area where it conducted business just over a year.

MOD Pizza, a chain that allows patrons to customize individually sized pizzas, revealed that its Flower Mound, Texas location will close just 18 months after its opening.

Samantha Vescio, the location manager of the restaurant, which only opened in September 2022, shared in a Facebook post that the store would permanently close due to “not enough business.”

The closest location for residents is located in Roanoke, reported The Cross Timbers Gazette.

The news comes as MOD Pizza announced earlier this week that it will close two locations in New Jersey.

Locations in Cherry Hill and Marlton respectively were suddenly closed as well.

A Facebook post claimed employees were only given two days’ notice of the closure.

“According to their employees, MOD Pizza of Marlton and MOD Pizza of Cherry Hill are closing permanently tomorrow!!” the post read.

“Tomorrow, Friday, will be their last day in business,” said the statement online.

“A real shame. Their food was good and they were amazing community partners,” wrote one person.

“Awww that’s so sad. So many good, local businesses are closing,” wrote another person.

“Wishing their employees the best and that they can find other opportunities soon.”

According to some of the comments, one of the locations was recently remodeled.

Unlike the Flower Mound location, there has been no official statement regarding the closures in New Jersey.

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Also Read: A Giant Company Now Announces Unexpected Layoffs in Michigan

Other Economy News Today

Market News Today - A Chain With 500 Locations Now Makes An Unexpected Closure.
Market News Today – A Chain With 500 Locations Now Makes An Unexpected Closure.

A fast food chain now makes an unexpected closure in California due to a rapid surge in crime, sources are confirming.

The In-N-Out joint in Oakland, California, closed its doors for the last time on March 24, reports The-Sun.

Bosses announced the closure in January as they blasted ‘lawlessness’ that impacted diners and staffers.

The final burgers were flipped for the last time this weekend, bringing an end to almost 20 years of business and leaving fans in despair, per The US Sun.

Local, state, and federal politicians have been blamed by hundreds of social media users.

“It’s sad our world has come to this,” one woman lamented.

“One more nail in the coffin for progressive governance,” another said.

“Damn shame. Oakland has to do better,” a third person ranted.

“So sad. Once upon a time, Oakland was the place to be and live,” a fan reminisced.

“Now it’s so riddled with crime that businesses can’t thrive there anymore.”

Others have hit out at city chiefs and called on them to clean up the city.

“Such a beautiful part of the state gone to the bin. Something is gotta change,” a Facebook user commented.

Social media users said companies shouldn’t have to close businesses to keep workers safe.

“This should send a message, a loud message to the people who have caused this problem. Violence, looting, stealing are not the way,” a man said.

“Why would you want to live like that or live in that kind of environment?

“In the end, all it does is cause more deterioration of that neighborhood and that spreads like fire to other neighborhoods.

I am saddened by this action and fear that this is just the beginning.”

Furious residents branded the closure a disaster and a travesty and have called on police forces to enforce the law or risk losing businesses.

Clarisa Mares, a former staffer, was left devastated by the shutdown.

“Yeah, it’s really sad because it’s a spot where a lot of teens come [to] have their first job,” she told the ABC affiliate KGO.

“This was my first job ever.”

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Also Read: A New Wave of Unexpected Layoffs Now Hits Georgia

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Market News Today - A Chain With 500 Locations Now Makes An Unexpected Closure.
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Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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2 Comments
  1. Frank Nez says:
    March 25, 2024 at 10:12 pm

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  2. Frank Nez says:
    March 25, 2024 at 10:12 pm

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