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44°
Sunday, nov 24
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Norwich, CT
Business
Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's Rundown In Mass.
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 …
Business
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…
News
Gilgo Four: A Look At Women At Heart Of Serial Murder Case
They're known as the Gilgo Four. The women, all in their 20s, are at the heart of the Long Island serial murder case that has captured national and global attention following the arrest of suspect Rex Heuermann just over a week ago. The 59-year-old married father of two, an architect who worked on Fifth Avenue in Manhattan and resided in Nassau County in the village of Massapequa Park just miles north of the site where their bodies were found -- in a grassy area of Gilgo Beach, a barrier island off Long Island's south shore in the Suffolk County town of Babylon. Heuermann was arraigned on…