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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 Several In Massachusetts Big Lots To Close Hundreds More Stores, Including Several In Massachusetts
Big Lots To Close Hundreds More Stores, Including Several In Massachusetts 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
CT Hooters Locale Closes After Nearly 20 Years: 'Difficult Decision' CT Hooters Locale Closes After Nearly 20 Years: 'Difficult Decision'
CT Hooters Locale Closes After Nearly 20 Years: 'Difficult Decision' A Hooters location in Connecticut has announced its sudden closure.  The restaurant, located in the Hartford County town of Manchester at 1483 Pleasant Valley Rd., announced its closure on social media on Monday, July 1.  In its closing announcement, the owners of the Hooters branch said it was a "difficult decision" to shutter the eatery, which has been open for almost 20 years.  "Thank you for the many years of patronage and loyalty," the owners wrote, also encouraging customers to visit nearby locations in Wethersfield or West Springfield, Massachusetts.  …

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by Ben Crnic