Author: Sophia Reynolds

Sophia Reynolds is a Los Angeles–based business writer and innovation strategist with a background in marketing and entrepreneurship. She has spent over 12 years working with diverse startups and creative ventures, helping them find unique paths to growth and sustainability. At BusinessDivers, Sophia explores a wide spectrum of business models, emerging industries, and unconventional success stories to inspire readers looking beyond the traditional. When she’s not writing, she enjoys hosting workshops for women entrepreneurs and discovering offbeat local businesses around the city.

Picture this: Cannabis CEOs sweating their revenue calls while the rest of us keep refreshing share price charts. No surprise, then, that rumors pop up about MariMed’s plans—or supposed lack thereof. Maybe you heard someone whisper, “MariMed’s going out of business.” Pause that doom scroll. Here’s the real report card, not just the gossip. MariMed’s Not Packing Up: The Quick Answer Cut through the noise. As of August 2025, MariMed is NOT going out of business. The company’s financials may not inspire the next power ballad, but shutdown? Not happening. This is a public company still posting earnings—break-even, but better…

Read More

Vasque, the Minnesota-based hiking boot icon, is clocking out after 60 years on the trails. Red Wing Shoe Company—the parent brand and no stranger to the boot scene—confirmed it’s “sunsetting” Vasque as of October 2024. That means no more fresh boots. No more heritage models. Just a slow fade-out and a bittersweet farewell. Let’s be clear… this isn’t just a tough quarter or a “brand refresh.” It’s a curtain call for one of outdoor footwear’s better-known names. If you’ve laced up a beefy leather trail boot since the ‘70s, chances are you’ve met Vasque. And now? That era is sunsetted—officially,…

Read More

Spotting rumors about trucking giants closing up shop is practically a quarterly event in logistics. Stevens Transport—one of the U.S.’s biggest names—just landed in the “Are they going under?” rumor mill. If you’re hearing chatter from drivers, freight brokers, or your cousin’s friend in Dallas, you’re not alone. Here’s what’s actually happening at Stevens Transport. Cuts? Yes. Total collapse? Nope. Meet Stevens Transport: Heavy Hitter, Not Lightweight This company is no small fish. We’re talking thousands of tractors on the road, shuttling everything from groceries to car parts. Stevens Transport is up there with the J.B. Hunts and Swifts, hauling…

Read More

Buckle up. Orchid Island Capital—known to ticker-watchers as ORC—has been setting off some Google Alerts and message board hand-wringing. Are they circling the drain, or just riding out the latest storm in REIT-land? Fast answer: The company is not going out of business in August 2025. The dividend train is still rolling, and the balance sheet looks healthy—if not exactly ready for a parade. Let’s break down why, what could rattle the status quo, and whether you should actually care. Monthly Dividends: Still Arriving Like Clockwork If a REIT is in trouble, dividends are usually the canary. For Orchid, the…

Read More

Let’s address the curly fries in the room. You’ve read the headlines, seen TikToks, maybe even found an empty Arby’s where you once scored a late-night snack. So: Is Arby’s going out of business? Short answer — not even close. Longer answer? There’s more beef here than Internet doomers would have you believe. Where Arby’s Stands Right Now: Alive and Still Slicing Despite recent closures and some rough patches, Arby’s isn’t folding up its drive-thru windows anytime soon. It’s still serving stacks of meat lovers across the country — and beyond. Per Inspire Brands, Arby’s parent company and serial restaurant…

Read More

Take Badcock Furniture — nearly 120 years in the game, loved in the Southeast, and suddenly, poof. If you blinked this summer, you might’ve missed the memo. Badcock Furniture is officially going out of business. Liquidation signs are up, everything must go, and the company known for sofas, recliners, and those famous “easy credit” deals is closing doors for good. And it’s not just a couple of clearance racks. We’re talking every last one of their 380+ stores, plus the remaining stock, assets, and jobs that go with them. That’s not corporate poetry — it’s a retail megaton, and if…

Read More

Let’s get something clear up front. Hips and Curves isn’t some new kid on the block scrambling for viral TikTok fame. This plus-size lingerie brand has been dressing curves with confidence and sass since 2000. That’s before Instagram, before “body positivity” was trending, and long before most mainstream retailers caught on that not everyone wears a size 2. Built on a simple idea—sexy is for every body—the company carved out a real community in a market notorious for overlooking plus-size shoppers. And with a name like Hips and Curves? You know who they’re for. No guessing, no stealth marketing—just confidence,…

Read More

Let’s set the scene. Patriot Ordnance Factory — or POF-USA for short — isn’t your fly-by-night gun company. Based out of Arizona, they’ve been refining and shipping out premium firearms since 2002. If you play in the world of modern sporting rifles, you’ve at least heard the name. They’re known for pushing boundaries on AR-platform designs, clever engineering, and not shying away from debates about gun innovation. Here’s where it gets interesting: every so often, forums and social feeds light up with that “Is POF-USA going out of business?” chestnut. Where does it come from? Is there anything real to…

Read More

Ever stared at your favorite pair of Ariat boots and wondered, “Are these about to become collector’s items?” Let’s clear the air. Ariat has been a heavy hitter in equestrian footwear and Western wear for decades. They cater to pro riders, fashion-forward ranchers, and weekend warriors alike. The brand commands loyalty, and — naturally — that means fresh rumors pop up every year about its fate. We’ll cut through the social media static and get straight to the numbers and facts. A Quick Recap: Who’s Ariat, Again? If you’ve ever stepped foot in a tack shop or scrolled cowboy boots…

Read More

Let’s cut to the chase. If you’re here worrying Arhaus is going bust, you’re chasing a ghost. The home furnishings retailer — known for high-end sofas, artisan-crafted tables, and the occasional catalogue thicker than a tax return — isn’t just standing strong…it’s growing, and making a little noise while doing so. Heard the rumors? They bubble up every time a few retailers shutter, or Wall Street has a gloomy week. But zoom in on the actual data and leadership statements, and you’ll see Arhaus waving from the profit side of the fence, not preparing for an exit. Let’s run the…

Read More