Deira Trading Company

Wendy’s, Denny’s, Red Lobster close locations in 2024

A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years to come. Inflation-weary consumers pulled back their restaurant spending in 2024 and instead sought value and discounts when they did choose to dine outside their homes. Overall U.S. restaurant […]

Horse racing set for a resurgence in the U.S.

America’s oldest horse racetrack is closing after running its last race on the final weekend of 2024.  Freehold Raceway in New Jersey, co-owned by Penn Entertainment, tried for decades to land a casino but failed. Like many tracks around the nation, it grappled with declining attendance and revenue. It had been operating for more than 170 […]

Housing market supply is ‘stale’ to end 2024

There’s good news in the housing market to close out 2024: there’s a lot more supply. The bad news: a lot of that supply is stale, sitting unsold for much longer than usual.  Active listings in November were 12.1% higher than they were in November 2023 and hit the highest level since 2020, according to […]

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