Kroger announces the closure of its McKinney, Texas store as part of a plan to shut down 60 locations nationwide to enhance operational efficiency. Despite a rise in sales, the supermarket giant is focusing on strategic restructuring while ensuring employee placement in other stores.
John Paul Mitchell Systems is relocating its headquarters to Dallas, Texas, creating 80 jobs and contributing over $12 million in investment. Supported by a Texas Enterprise Fund grant, this move reflects a broader trend of corporations shifting to Texas, bolstering the state’s economic growth.
A new study reveals Houston as the leading U.S. metro for millionaire renters, showcasing a trend towards luxury rentals driven by flexibility and investment strategies. The city’s appeal is enhanced by its low-tax environment and rapid development of high-end rental properties.
Discover the modern architectural masterpiece now for sale in Dallas’ prestigious Preston Hollow. Listed at $8.9 million, this glass-encased home combines artistic elegance with luxurious amenities, located in a neighborhood renowned for its high-profile residents and exclusivity.
Meta reportedly offered $100 million bonuses to OpenAI employees in a bid to recruit talent for its generative AI teams, according to OpenAI CEO Sam Altman. The offers, which included substantial annual salaries, emphasize the competitive nature of the AI industry as companies vie for top talent in the rapidly advancing field.
The JW Marriott Houston Downtown is expanding into the historic Battelstein’s Building, transforming it into a luxury hotel destination with additional rooms and amenities. This project is part of Houston’s downtown revitalization, just in time for the 2026 FIFA World Cup.
Houston’s dining scene evolves as Michelin-rated Emmer & Rye Hospitality Group takes over the iconic MF Lobster & Seafood space. The new venture, opening in late 2025, promises to enhance the city’s culinary offerings with award-winning dining concepts.
Texas-based Todd Interests is set to acquire historic New York estates tied to the Vanderbilt family, promising development with conservation. The sale includes Whitney Park’s vast wilderness, offering economic and cultural transformations while addressing environmental concerns. Closing expected this fall.
Saunders is expanding its operations with a new 17,800-square-foot facility in Houston, investing $2 million to enhance production capabilities. This strategic move is part of a broader trend of businesses relocating to Texas, drawn by favorable economic conditions and market opportunities.
Sunnova Energy files for Chapter 11 bankruptcy amid severe financial challenges, including layoffs and leadership changes. With liabilities up to $50 billion, the Houston-based solar company joins other industry players facing instability due to changing economic and policy conditions.