Author: Lucas Bennett
I'm Lucas Bennett, the founder and editor of Bloom Business Mag. I created this blog to share practical business insights that reflect the everyday realities of running and growing a small business. My writing focuses on topics such as cash flow, pricing, marketing, operations, and sustainable growth, always with an emphasis on clear thinking and realistic decision-making. I believe business advice should be honest, practical, and grounded in real experiences rather than exaggerated success stories. Through Bloom Business Mag, my goal is to help entrepreneurs, freelancers, and small business owners make informed decisions with confidence and build stronger businesses over time.
BlendJet built a loyal customer base selling portable blenders online. The product was simple, convenient, and marketed well across social media. But in 2025, something shifted — and not in a good direction for customers. Official sources, including the Better Business Bureau (BBB) and the Consumer Product Safety Commission (CPSC), began stating that BlendJet has ceased operations. At the same time, a safety recall for the BlendJet 2 is still listed as unresolved — with no remedy available. That’s a serious problem for anyone who owns one. This article breaks down what we know, what it means for current owners,…
MariMed’s exit from the Missouri market and its ongoing net losses have sparked real questions about whether the company is heading toward a shutdown. Headlines can be misleading, though. The actual picture requires more than a quick read of a stock forum or a news alert. This article covers MariMed’s current operating status, why the rumors exist, what the financials actually show, what the Missouri exit really means, and what different stakeholders should take from all of it. The Short Answer: MariMed Is Not Closing Down As of the most recent filings through Q1 2026, MariMed is still operating. The…
Rumors about Stevens Transport shutting down have floated around online for years. Type the company’s name into a search bar and you’ll find plenty of alarmed posts and secondhand claims. But the actual story is more specific — and far less dramatic — than most of those posts suggest. This article covers what triggered the rumors, what actually closed in 2019, what the parent company’s status looks like today, and how you can evaluate the situation using real data instead of social media noise. What Stevens Transport Is and Why People Are Asking This Question Stevens Transport is a Dallas-based…
Big Lots filed for bankruptcy. “Going Out of Business” signs started appearing at discount stores across the country. It’s easy to look at that and assume other discount retailers must be in trouble too. Ollie’s Bargain Outlet is not one of them. This article breaks down the current state of Ollie’s finances, where the rumors are coming from, what the Big Lots connection actually means, and what the numbers say about where the company is headed. Ollie’s Is Not Closing — It’s Adding Stores Let’s get straight to the point: Ollie’s is expanding, not shrinking. In fiscal 2024, Ollie’s posted…
Del Monte Foods filed for Chapter 11 bankruptcy on July 1, 2025 — after more than 130 years as one of America’s most recognized canned goods brands. If you’ve seen the headlines and wondered whether Del Monte products are disappearing from store shelves, the short answer is: probably not. But the longer answer is more complicated. The company that made those cans is being broken up and sold off in pieces. The brand, however, is moving on under new ownership. Here’s exactly what happened, who bought what, and what it means going forward. Del Monte Foods Filed for Bankruptcy —…
Imagine you’re searching online to check if your local Boscov’s is still open. A headline pops up: “Retailer Boscov’s Files Bankruptcy.” Your heart sinks — until you notice the date. It’s from 2008. That story is nearly two decades old, but it still floats around in search results and keeps confusing people today. This article cuts through that confusion. We’ll cover Boscov’s current status, what actually happened in 2008, how the company recovered, and what it means for shoppers, job seekers, and anyone trying to figure out if Boscov’s is still worth trusting. Boscov’s Is Still Open and Operating Let’s…
Plant closures. Reduced payments to farmers. A discontinued regional brand. It’s easy to see why some people are asking whether Darigold is shutting down. But the short answer is no — Darigold is not going out of business. The longer answer is more useful. Understanding what’s actually happening requires knowing how Darigold operates, what those closures actually mean, and why a major construction investment tells a very different story than a company winding down. What Darigold Is and How It Operates Darigold is not a typical private company. It’s the marketing and processing arm of the Northwest Dairy Association, a…
Gimbels isn’t going out of business today — it already did, nearly four decades ago. If you’ve been searching for current news about the chain, there isn’t any. The story you’re looking for is a historical one, and it’s worth knowing in full. This article covers when and how Gimbels closed, what drove its decline, what happened to its stores and employees, and what the chain’s failure can still teach businesses today. Gimbels Is Already Gone — The Chain Closed in 1987 To answer the question directly: Gimbels is not currently going out of business. The chain ceased all retail…
Shoppers have been finding closed doors where their local Chico’s used to be. And the internet, being what it is, turned that into a full-blown rumor that the brand is done for good. It’s not. But the full picture is worth understanding — because there are real changes happening, and they affect what customers can expect going forward. This article covers whether Chico’s is actually shutting down, what the 2024 Sycamore Partners acquisition means, why certain stores have closed, and what the financial history behind those decisions actually looks like. Chico’s Is Not Going Out of Business Let’s answer the…
If you’ve heard rumors that Freeman is shutting down, you’re not alone. Exhibitors, event planners, and Freeman employees have all searched this question. But before you cancel contracts or update your resume, it’s worth looking at what the evidence actually says. This article covers who Freeman is, what their current status looks like, where the rumors likely come from, and what it all means if you’re a customer, vendor, or employee. Which Freeman This Article Is About There are several businesses and institutions using the Freeman name, which causes a lot of confusion. This article is specifically about Freeman, the…
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