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Big Lots Reaches Deal To Keep Hundreds Of Stores Open Big Lots Reaches Deal To Keep Hundreds Of Stores Open
Big Lots Reaches Deal To Keep Hundreds Of Stores Open Big Lots has announced a major development following its September bankruptcy filing. The discount retail chain says it's entered a strategic agreement with Gordon Brothers Retail Partners and Variety Wholesalers to preserve the brand, save thousands of jobs, and keep hundreds of stores open. Variety Wholesalers, known for its portfolio of retail brands, plans to acquire between 200 and 400 Big Lots locations, along with up to two distribution centers. There are about 1,400 Big Lots stores nationwide. The transition ensures Big Lots can transfer key assets and maintain continuity of its br…

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by Joe Lombardi
Business
Warning Issued After Nationwide Recall Of Popular Candy Bar Warning Issued After Nationwide Recall Of Popular Candy Bar
Warning Issued After Nationwide Recall Of Popular Candy Bar Federal authorities have issued a nationwide warning after the recall of a popular candy bar. Gardners Candies, based in Tyrone, PA, has voluntarily recalled its Cappuccino Meltaway Bars due to undeclared tree nuts (cashews), posing a serious risk to those with allergies. What to Know: Affected Products: 1.25-ounce packages of Cappuccino Meltaway Bars. Distribution: Sold across the country through retail stores and mail orders starting Sunday, Sept. 1. Packaging: The bars are in white plastic wrappers marked with lot #082725 and an expiration date of Aug. 27, 2025. They can also be found …

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by Joe Lombardi
Business
Recall Issued For Popular Frozen Vegetable Product: Here's What to Know Recall Issued For Popular Frozen Vegetable Product: Here's What to Know
Recall Issued For Popular Frozen Vegetable Product: Here's What to Know A popular frozen vegetable product is being recalled due to undeclared milk allergens, posing a risk to individuals with milk allergies. Key Details: Company: Lidl Product Name: “Taste of Deutschland Buttered Vegetables” Product Details: 10.5 oz box, UPC 4 056489 122876 Distribution Period: Saturday, Oct. 21, 2023 to Thursday, Dec. 19, 2024 States Affected: Delaware, District of Columbia, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia Consumer Action: Do not consume the product. Return it to any Lidl store for a full refund; no rece…

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by Joe Lombardi
Business
FDA Elevates Costco Egg Recall Over Salmonella Concerns FDA Elevates Costco Egg Recall Over Salmonella Concerns
FDA Elevates Costco Egg Recall Over Salmonella Concerns The Food and Drug Administration (FDA) has raised its recall alert for a brand of eggs to the highest level due to potential Salmonella contamination, which could lead to severe health risks or even death. The brand, Kirkland Signature Organic Pasture Raised 24-Count Eggs, were sold at Costco. This follows a voluntary recall initiated by New York City-based manufacturer Handsome Brook Farms in late November. Earlier Report: Cucumbers, Eggs Recalled Due To Risk Of Salmonella Contamination The affected eggs, bearing UPC 9661910680, Julian code 327, and a use-by date of Jan. 5, 2…

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by Joe Lombardi
Business
Nissan, Honda Eye Potential Merger Nissan, Honda Eye Potential Merger
Nissan, Honda Eye Potential Merger Two of the world's biggest automakers may soon become one. Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have signed a memorandum of understanding (MOU) to discuss a potential merger aimed at revolutionizing the future of mobility and electrification.  Announced on Monday, Dec. 23, the goal is to establish a joint holding company that could significantly impact the automotive landscape, and potentially make the combined corporation the world's third-largest auto manufacturer. The merger aims to accelerate initiatives for carbon neutrality and zero traffic fatalities by pooling reso…

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by Joe Lombardi
Business
Brewing Tensions: Starbucks Strike Expands To 9 States Brewing Tensions: Starbucks Strike Expands To 9 States
Brewing Tensions: Starbucks Strike Expands To 9 States A Starbucks workers' strike, which began in select stores, has expanded to nine states as employees push for better wages and working conditions during the holiday rush. The strike, led by Starbucks Workers United, demands higher pay and improved staffing to address what employees describe as chronic understaffing during peak hours.  Workers at dozens of stores in New York, New Jersey, and Pennsylvania joined the strike over the weekend. Starbucks has a total of about 16,000 stores in the US and around 35,000 worldwide. Over the weekend, picket lines formed at high-traffic stores in N…

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by Joe Lombardi
Business
Party City Going Out Of Business, Closing All 800 Stores, Including 11 In Connecticut Party City Going Out Of Business, Closing All 800 Stores, Including 11 In Connecticut
Party City Going Out Of Business, Closing All 800 Stores, Including 11 In Connecticut The party is over for a popular chain store that's been in business for decades. Party City is “winding down” operations immediately at its approximately 800 locations, CEO Barry Litwin told corporate employees  in a video call on Friday, Dec. 20, CNN reports. Workers were told they will not receive severance pay, and that their benefits would end as the company goes out of business, CNN says. The company, headquartered in in Woodcliff Lake, New Jersey, is running low on cash and unable to pay rent in some locations, according to an earlier Bloomberg report. Party City was foun…

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by Joe Lombardi
Business
CT's Six Remaining Big Lots Stores Are Among Nearly 1,000 Closing Nationwide: Here's When CT's Six Remaining Big Lots Stores Are Among Nearly 1,000 Closing Nationwide: Here's When
CT's Six Remaining Big Lots Stores Are Among Nearly 1,000 Closing Nationwide: Here's When Big Lots, the popular discount retailer, is officially going out of business.  The company, which filed for Chapter 11 bankruptcy in September, has announced plans to close all 963 of its remaining stores nationwide, including six locations in Connecticut. The last day of business is expected to be in mid-February, according to sources familiar with the closures. While official store closing sales have not yet begun, all Christmas items are currently 50% off, offering shoppers a chance to stock up before the doors shut for good. The closures mark the end of an era for the budget-frien…

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by Cecilia Levine
Business
Drugstore Deserts On Rise Amid Nationwide Pharmacy Closures Drugstore Deserts On Rise Amid Nationwide Pharmacy Closures
Drugstore Deserts On Rise Amid Nationwide Pharmacy Closures Nearly 30 percent of US pharmacies closed between 2010 and 2021, according to a new study in the health-policy publication Health Affairs. The research, led by University of California Berkeley assistant professor Jenny S. Guadamuz and colleagues, analyzed data from the National Council for Prescription Drug Programs, county health statistics, and ZIP Code demographic surveys.  Of the 88,930 retail pharmacies operating in 2010, almost one-third shuttered by 2021, with those in predominantly Black and Latino neighborhoods disproportionately affected, Independent pharmacies were hit ha…

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by Joe Lombardi
Business
Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores
Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores Big Lots has announced plans to close all of its remaining 963 stores, initiating "going out of business" sales following its Chapter 11 bankruptcy filing in September. The company says it's started the process of closing stores in 48 states and liquidating inventory under its court-supervised Chapter 11 bankruptcy proceedings.  The decision comes as the retailer seeks to maximize value for stakeholders while exploring potential going-concern sale opportunities. "We all have worked extremely hard and have taken every step to complete a going concern sale," Big Lots' President and Chie…

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by Joe Lombardi
Business
Teamsters Union Launches Strike Against Amazon Teamsters Union Launches Strike Against Amazon
Teamsters Union Launches Strike Against Amazon As the holiday season peaks, the Teamsters Union has initiated a significant strike against Amazon, targeting facilities in four states. This action is described as the largest labor movement in the company’s history. On Thursday morning, December 19, union members began protests at a fulfillment center in Queens, New York, with additional strikes occurring in Atlanta, Southern California, and Skokie, Illinois. The union aims to highlight unacceptable working conditions and Amazon’s refusal to engage in collective bargaining.  Their demands include better wages, hours, and benefits fo…

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by Joe Lombardi
Business
Amazon Dismissed Warnings On High Rates Of Worker Injuries, Report Says Amazon Dismissed Warnings On High Rates Of Worker Injuries, Report Says
Amazon Dismissed Warnings On High Rates Of Worker Injuries, Report Says ityAmazon is under fire following a US Senate report accusing the company of prioritizing speed over worker safety.  Released by the majority staff of the Senate Health, Education, Labor, and Pensions (HELP) Committee late Sunday night, Dec. 15, the report claims Amazon’s intense focus on productivity has led to unsafe working conditions. The Senate report outlines how Amazon’s warehouse workers face high rates of musculoskeletal disorders (MSDs) and other injuries caused by repetitive tasks and demanding quotas.  It accuses Amazon of knowingly exposing employees to these risks, …

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by Joe Lombardi