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Penske plans $6M paint factory, up to 130 jobs in Auburn Hills

Penske plans $6M paint factory, up to 130 jobs in Auburn Hills
crainsdetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsdetroit.com Daily Mail and Mail on Sunday newspapers.

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Roger Penske talks QLine, NFL Draft | Crain's Detroit Business

Roger Penske talks QLine, NFL Draft | Crain's Detroit Business
crainsdetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsdetroit.com Daily Mail and Mail on Sunday newspapers.

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Penske Logistics to lay off 146 in Flint

Penske Logistics LLC plans to lay off 141 truck drivers and five supervisors at a terminal in Flint where it plans to cease operations by the end of March.The Reading, Pa.-based transportation company, part of the Bloomfield Hills-based Penske Corp. portfolio, said the terminal did "not align… ....

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Detroit Grand Prix gets City Council OK to move downtown from Belle Isle

Detroit Grand Prix gets City Council OK to move downtown from Belle Isle
crainsdetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsdetroit.com Daily Mail and Mail on Sunday newspapers.

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Loves Furniture points fingers over financial problems, bankruptcy

Loves Furniture points fingers over financial problems, bankruptcy
In new documents filed in U.S. Bankruptcy Court, Loves Furniture said warehousing and delivery problems led to bad customer experiences, canceled orders and ultimately the company s financial distress.
Before the company s Jan. 6 Chapter 11 filing, Loves public statements mostly blamed its financial challenges on industry-wide supply disruptions caused by the COVID-19 pandemic that left the company s stores with low inventory during a time of high consumer demand.
Loves Furniture is the newly created company that took over many shuttered Art Van Furniture locations last summer in the wake of Art Van s surprise March 2020 liquidation bankruptcy. Loves started off with 34 stores in Michigan, Ohio and Pennsylvania and about 500 employees. It will soon be down to 13 stores, all but one in Michigan. ....

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