why is zag bank closing?
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Canadian banking co-operative Desjardins is to wind down the operations of its mobile and online-only direct bank Zag Bank. ... As a result, we determined that an online or direct bank was no longer a strategic fit with our long term strategy."
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Macy's, Bloomingdale's, Nordstrom, Saks Fifth Avenue closing all stores because of coronavirus. Department stores Macy's, Nordstrom, Bloomingdale's and Saks Fifth Avenue are closing all stores because of the coronavirus. However, all say they are keeping their online stores open.
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The Macy's in Tysons Galleria is closing, but before it does there are discounts on all items in the store as the department store clears out its inventory. ... Staff at the store said discounts could increase as the weeks progress. The exact date the store will close is currently undetermined.
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Reports Big W Erina will close have been shut down by the Woolworths Group. ... The Woolworths Group announced it would close 30 stores in the next three years back in April. The closures, including two distribution centres, represents 16 per cent of stores across Australia.
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Closure of the FSS was announced last December by the home secretary, Theresa May, because the government-owned company had been losing £2m a month and was at risk of going into administration. Its operations are to be sold or transferred before it closes next March.
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Bonmarche goes into administration in latest blow to High Street. Peacocks has been named the "preferred bidder" for the business, although further negotiations are needed before the deal is secured. However, 30 Bonmarché stores will now be closed by 11 December, the administrators said, putting up to 240 jobs at risk.
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Real Estate Investments purchased the mall from U.S. Bank, which had bought it in 2018. On August 31, 2019 it was announced that Sears would be closing its location at Lakeforest Mall as part of a plan to close 92 stores across the U.S.; the store closed on December 1, 2019.
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TGI Friday's Restaurant Closings 2020: Why The Restaurant Chain Is Closing 386 Locations. ... The restaurant chain saw its sales decline about 80% at the start of the COVID-19 crisis, and as the company shifted to pickup and delivery services, sales were still down about 50%, the news outlet reported.
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Most retail stores are closed, along with most grocery stores. Beer Store and LCBO locations are closed.
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In April 2016, 13 months after the purchase by Retail Acquisitions, the company entered administration following unsuccessful attempts to continue trading. It was eventually wound down, and all stores were closed by late August 2016 following failed attempts to find a buyer.
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Daxon is primarily a French company. ... I suspect that the British Daxon subsidiary was not profitable and therefore the decision has been made to close it down as part of the plan to return the company to profit.
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Deutsche Bank and Commerzbank are still too-big-to-fail. Merging them is only going to make matters worse and will likely cost normal Germans their jobs as well as closing branches for bank customers. It is the public that pays for too-big-to-fail.
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1. Fidelity Growth (FDGRX) is closed to new investors.
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On August 3, 2016, it was announced that the Trump Taj Mahal would close after Labor Day, because of casino workers on strike. It was closed on October 10, 2016.
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HSBC is to close a further 27 branches this year because it “cannot ignore” the changes in the way people are doing their banking. ... HSBC said its decision reflected “the long-term change in the way customers are banking, alongside the bank's need to ensure a sustainable branch network for the future”.
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The closures, the company said, eliminates all stores with significant losses and will serve to boost the group's overall portfolio. The restaurant group said nearly all employees impacted by the closures will be offered positions at other Taco Cabana locations.
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The bank is closed on Sunday. The table below provides an overall view of BB&T branch hours.