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Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's CT Rundown Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's CT Rundown
Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's CT Rundown Discount retail chain Big Lots has filed for bankruptcy as its list of planned store closures expands. It currently has around 1,425 stores nationwide. The company announced on Monday, Sept. 9 that it will sell its assets to an affiliate of private equity firm Nexus Capital Management. In announcing initial store closures late in late July, Big Lots said a bankruptcy filing could be coming. Stores in the Northeast now slated for closure are as follows: New York Delaware Avenue, Buffalo South Ogden Street, Buffalo Route 5 & 20, Canandaigua  Voice Road, Carle Place Centereach …

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by Joe Lombardi
Business
Big Lots To Close Hundreds More Stores, Including In CT Big Lots To Close Hundreds More Stores, Including In CT
Big Lots To Close Hundreds More Stores, Including In CT It's more bad news for discount retailer Big Lots. The nationwide chain announced in June that it would close 40 stores following dismal sales and rising costs, but in a new filing last week, the company said it may need to shutter nearly 300 locations — several of them in the Northeast.  Big Lots announced in a US Securities and Exchange Commission filing on Friday, Aug. 2, that under an updated term sheet, the company would need to close 20 percent of its 1,392 stores — about 290 in all.  Here are some of the local closures. Connecticut — Eight stores Manchester — 1…

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by Josh Lanier
Business
Big Lots To Close 3 CT Stores, Here's Where Big Lots To Close 3 CT Stores, Here's Where
Big Lots To Close 3 CT Stores, Here's Where Discount retail chain Big Lots plans to close around 40 stores this year, according to a filing with the Securities & Exchange Commission (SEC). It currently has around 1,425 stores nationwide. Six stores in New York, Connecticut, and Massachusetts are slated to close, with both New York stores on Long Island. No store closures are scheduled for New Jersey. The company cited rising costs and inflation as reasons for the move and said a bankruptcy filing could be coming. Stores in the Northeast slated for closure are as follows: New York 260 Voice Road, Carle Place 231 Centere…

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by Joe Lombardi
Business
Sam Ash To Close All Locations, Including CT Store, After 100 Years In Business Sam Ash To Close All Locations, Including CT Store, After 100 Years In Business
Sam Ash To Close All Locations, Including CT Store, After 100 Years In Business The largest family-owned chain of musical instrument stores in the nation has announced it will be closing all its locations. Sam Ash Music was founded in 1924, has locations in more than a dozen states, and is headquartered on Long Island, in Hicksville. It currently has 27 stores, including five in New York (White Plains, Carle Place, Manhattan, Brooklyn, Forest Hills), two in New Jersey (in Springfield and Cherry Hill), two in Pennsylvania (in Philadelphia and King of Prussia), one in Connecticut (in New Haven), and one in Virginia (in Richmond). The Ash family made the announcement on …

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by Joe Lombardi
Weather
Here's How Much Snowfall Has Fallen So Far From Slow-Moving, Two-Day Storm Here's How Much Snowfall Has Fallen So Far From Slow-Moving, Two-Day Storm
Here's How Much Snowfall Has Fallen So Far From Slow-Moving, Two-Day Storm More snowfall is expected overnight into Friday, Feb. 19 from the slow-moving system barreling through the region. But the brunt of accumulation has fallen by nightfall on Thursday, Feb. 18. Here is a sampling of just some totals reported from areas in the region as of 8 p.m. Thursday.  Add your hometown now by simply leaving a comment. These reports are from the National Weather Service and submissions. New York New York City Central Park, 3.5 inches Nassau County Carle Place, 4 inches Massapequa, 5 inches Suffolk County Deer Park, 6 inches Smithtown, 4.5 inches Westcheste…

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by Daily Voice