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Monday, nov 25
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Torrington, 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…
Police & Fire
Driver Crashes Into Bear On Busy CT Highway
Although a driver emerged without injuries after colliding with a bear on a busy Connecticut highway, the animal did not fare the same. The crash happened in Litchfield County on Sunday, July 21 just before 9 p.m., when a 2015 MINI Cooper struck a bear on Route 8 South near Exit 45 in Torrington, according to Connecticut State Police. Arriving troopers began an investigation and determined that the bear ran into the road in front of the car, which was unable to avoid hitting it. The driver of the MINI Cooper was not injured in the crash. However, the bear was killed and was found blo…