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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
News
Holiday Deals Or Fraud? IRS Issues Warning For These Scams Holiday Deals Or Fraud? IRS Issues Warning For These Scams
Holiday Deals Or Fraud? IRS Issues Warning For These Scams As the holiday shopping season begins, the IRS reminds everyone that it’s not just your credit card balance you need to watch — it’s also your personal information. As part of its ninth annual National Tax Security Awareness Week, the IRS is warning taxpayers about a rise in holiday scams.  The scammers aren’t interested in gifts under your tree; they’re after your Social Security number and financial information instead. Here’s how scammers are getting creative—and how you can stay safe: Phishing Emails: Be wary of emails pretending to be from reputable retailers, shipping companie…

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by Joe Lombardi
Business
Feds Recalling 512K Smart Space Heaters Sold Nationwide That Pose Burn, Overheating Risk Feds Recalling 512K Smart Space Heaters Sold Nationwide That Pose Burn, Overheating Risk
Feds Recalling 512K Smart Space Heaters Sold Nationwide That Pose Burn, Overheating Risk Hundreds of thousands of space heaters sold nationwide are being recalled due to fire and burn risks, the US Consumer Product Safety Commission announced this week. GoveeLife and Govee have issued a recall for approximately 512,500 smart electric space heaters in the US and 48,600 in Canada due to overheating, posing fire and burn hazards.  The recall involves models:  H7130 Recalled Model H7130 CPSC H7131 Recalled Model H7131 CPSC H7132 Recalled Model H7132 CPSC H7133 Recalled Model H7133 CPSC H7134 Recalled Model H7134 CPSC…

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by Zak Failla
Business
Perdue Recalls Frozen Chicken Products Due To Possible Metal Contamination Perdue Recalls Frozen Chicken Products Due To Possible Metal Contamination
Perdue Recalls Frozen Chicken Products Due To Possible Metal Contamination Perdue is recalling frozen, ready-to-eat chicken breast nuggets and tender products that may be contaminated with foreign material, specifically metal. The US Department of Agriculture’s Food Safety and Inspection Service (FSIS) said the products may be contaminated with foreign material, The frozen, ready-to-eat chicken breast nugget and tender items were produced on Saturday, March 23.  The following products are subject to recall: 22-oz. (1.38-lbs.) vacuum-sealed plastic packages containing “PERDUE Simply Smart ORGANICS Breaded CHICKEN BREAST NUGGETS” with Best If Used By d…

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by Joe Lombardi