Akshay Bhanawat
Founder at The Music Essentials
I plan to deal with my problems by becoming rich.
Articles
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2 weeks ago |
themusicessentials.com | Akshay Bhanawat
TGI Fridays might not be what it once was, but the people behind the brand say it’s far from done. Once a staple of casual dining in the U.S., TGI Fridays has seen its restaurant count drop from nearly 600 at its peak to just 85 locations today. That dramatic downsizing followed a bankruptcy filing in late 2024, which forced the company to shutter dozens of stores across the country. But according to returning CEO Ray Blanchette, this isn’t a collapse, it’s a reset.
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2 weeks ago |
themusicessentials.com | Akshay Bhanawat
Macy’s has announced the next phase of its store closure plan, confirming that 66 locations will shut down in 2025 as part of its sweeping “Bold New Chapter” strategy to reshape the iconic retailer’s future. This move is part of a broader plan to close approximately 150 underperforming Macy’s stores by 2026, while investing heavily in a stronger fleet of 350 “go-forward” locations, stores that the company says are already seeing higher sales and stronger customer satisfaction.
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2 weeks ago |
themusicessentials.com | Akshay Bhanawat
A federal judge in Boston has issued a major blow to Donald Trump’s controversial plan to dismantle the Department of Education, halting the administration’s efforts and ordering the reinstatement of employees who were fired as part of the attempted shutdown.
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3 weeks ago |
themusicessentials.com | Akshay Bhanawat
Gamers, brace yourselves, your next PlayStation 5 might come with a bigger price tag due to a hike. Sony has just dropped a serious warning that it may be forced to raise the retail price of the PlayStation 5 in the U.S. due to the latest round of tariffs introduced by President Donald Trump. According to the company’s Chief Financial Officer Lin Tao, Sony is now scrambling to cover an estimated ¥100 billion (around $512 million USD) in additional costs brought on by these new trade regulations.
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3 weeks ago |
themusicessentials.com | Akshay Bhanawat
JC Penney is back in the headlines, and not in a good way – the beloved department store chain has announced more store closures this month, with final clearance sales already underway and a hard closing deadline of May 25. If you’ve still got some nostalgic love for wandering through those aisles or hunting for deals in-store, this is your last chance. The discounts are on now, and once the doors close, that’s it. The retail sector is a mess right now, and even the giants are falling.
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