Delano
Delano, CA · Business
Gourmetory
A major frozen Mexican food manufacturer is preparing to eliminate more than 100 jobs at its California facility
Ruiz Foods is preparing to cut 176 jobs at its Dinuba, California, facility. The company said the plant will stay open as it adjusts production to match expected customer demand. What Ruiz Foods said about the Dinuba cuts – Manouar/Pexels Ruiz Foods, the maker of El Monterey frozen burritos and Tornados snacks, announced plans to…
GCN.com
The Fresno Bee
Are The Children's Place stores in Fresno area affected by bankruptcy, closings?
The future is looking bleak for The Children’s Place stores in and around Fresno. Workers at the Fashion Fair mall store say it’s shutting down and giant “store closing” signs hang from the ceiling, though the company has not officially confirmed it is closing. The future of locations at Visalia Mall and Hanford Mall is unclear. Both locations are holding liquidation sales. The New Jersey-based company filed for Chapter 11 bankruptcy Sunday. The kids clothing retailer is attempting to survive the bankruptcy, looking for a new owner to buy it before the end of the year. Announcements of store closures are coming, according to an email from a company spokesperson. The message said: “At this time, all of our stores and e-commerce sites remain open and continue to serve customers. With that said, The Children’s Place has determined that it will be necessary to close certain stores during this process. As such, we are conducting an ongoing evaluation of our operational footprint and will communicate confirmed decisions as they are made.” The mall retailer’s revenue fell 18.9% in its most recent financial quarter compared to the same time last year. The Children’s Place took on “huge” levels of debt, some