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Store Closing

Business
Big Lots Unveils Reopening Plan For Hundreds Of Stores After Bankruptcy Filing Big Lots Unveils Reopening Plan For Hundreds Of Stores After Bankruptcy Filing
Big Lots Unveils Reopening Plan For Hundreds Of Stores After Bankruptcy Filing Big Lots stores will reopen under new ownership more than seven months after the chain filed for bankruptcy. Discount retailer Variety Wholesalers, the new owner of Big Lots, announced the reopening plan in a news release on Friday, April 4. Big Lots applied for bankruptcy in September 2024 and Variety Wholesalers purchased hundreds of locations about three months later. Variety is planning a four-phase rollout following the company’s acquisition of 219 Big Lots locations out of bankruptcy. "We're thrilled to bring the Big Lots! brand back to life by offering more deals…

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by Chris Spiker
Business
Joann Closing NY Stores Among 500 Locations Nationwide: See The List Joann Closing NY Stores Among 500 Locations Nationwide: See The List
Joann Closing NY Stores Among 500 Locations Nationwide: See The List Joann is set to close more than half of its stores nationwide, marking a major contraction for the arts and crafts retailer as it navigates bankruptcy for the second time in less than a year. The Ohio-based chain, which operates about 800 locations, will shutter around 500 stores, a company spokesperson confirmed to the Daily Voice. The move is part of a broader restructuring effort as the company seeks to stabilize its finances following a Chapter 11 bankruptcy filing in January. The spokesperson said the decision was "very difficult" but critical to Joann's future. "A careful a…

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by Chris Spiker
Business
Sam Ash To Close All Locations, Including Westchester Store, After 100 Years In Business Sam Ash To Close All Locations, Including Westchester Store, After 100 Years In Business
Sam Ash To Close All Locations, Including Westchester Store, After 100 Years In Business The largest family-owned chain of musical instrument stores in the nation has announced it will be closing all its locations. Sam Ash Music was founded in 1924, has locations in more than a dozen states, and is headquartered on Long Island, in Hicksville. It currently has 27 stores, including five in New York (White Plains, Carle Place, Manhattan, Brooklyn, Forest Hills), two in New Jersey (in Springfield and Cherry Hill), two in Pennsylvania (in Philadelphia and King of Prussia), one in Connecticut (in New Haven), and one in Virginia (in Richmond). The Ash family made the announcement on …

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by Joe Lombardi