Cohatch plans to open Easton Gateway site

Cohatch, the Worthington-based coworking brand, is planning a new location in Easton Gateway.

Cohatch plans to take over the former Charming Charlie’s space in Easton Gateway next to Hot Chicken Takeover and across Stelzer Road from the new Easton expansion.

The 7,500-square-foot Cohatch at Easton Gateway will feature a combination of private offices, dedicated desks, co-working spaces, meeting rooms, conference rooms, and indoor and outdoor event spaces.

Ascena decides to close all Dressbarn stores

around for nearly 60 years, is closing all 650 of its stores.

The company’s chief financial officer, Steven Taylor, said Dressbarn, which employs about 6,800 people, has not been operating at an “acceptable level of profitability in today’s retail environment.”

Its owner, Ascena Retail Group Inc., says it wants to focus on its more profitable brands. Ascena also owns Columbus-based Lane Bryant and Justice.

Dressbarn has four central Ohio locations, in Grove City,hilliard, Reynoldsburg and Sunbury.

Ryanair braces for tough season as stock falls

Ryanair Holdings joined a chorus of European carriers in warning that a fare war and weaker economies may hold back profit this year.

Shares of the region’s biggest discount airline fell the most in seven months on Monday as it posted a 39% drop in net income for the 12 months through March and said earnings could tumble further.

European carriers are bracing for a tough summer as a glut of capacity combines with stuttering economic growth and high fuel prices to squeeze margins.

Little Caesars tests pizza with meatless sausage

Plant-based burger maker Impossible Foods is debuting meatless sausage crumbles on Little Caesars pizza.

The pizza chain started testing the $12 Impossible Supreme Pizza on Monday at 58 restaurants in Fort Myers, Florida; Yakima, Washington; and Albuquerque, New Mexico.

If the test goes well, Detroitbased Little Caesars could expand availability nationwide.

Firstenergy Solutions clears bankruptcy hurdle

U.S. Bankruptcy Court on Monday approved milestone filings from Firstenergy Solutions Inc., moving the Akron company significantly closer to receiving approval for its Chapter 11 bankruptcy reorganization.

Monday’s rulings mean the Firstenergy Solutions reorganization plan can be put to a vote by the company’s creditors this summer.

If creditors approve, the plan would go back to bankruptcy court in August for the judge’s formal ruling, which could lead to the company legally separating from Firstenergy Corp. and striking out as an independent electric generation business — likely with a new name.