Monday, June 18, 2018

H&R Block Is Closing 400 Locations

H&R Block, the tax preparation firm with nearly 10,000 locations nationwide, announced on Tuesday that it would close 400 locations amid a disappointing financial outlook for the rest of 2018.

On a call with analysts yesterday, CEO Jeff Jones said the locations slated for closing are mostly smaller storefronts within five miles of another location. No job cuts are planned, and associates are expected to transfer to nearby locations. . . . more