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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
NJ Man Sentenced For Sexually Assaulting Passenger On United Airlines Flight: Feds NJ Man Sentenced For Sexually Assaulting Passenger On United Airlines Flight: Feds
NJ Man Sentenced For Sexually Assaulting Passenger On United Airlines Flight: Feds A New Jersey man who admitted to sexually assaulting a woman passenger seated next to him on a United Airlines flight has been sentenced to six months of home confinement, authorities said. Piyush Mathew, 31, of Robbinsville Township, must also serve five years of probation and register as a sex offender, the U.S. Attorney's Office said on Thursday, Aug. 1. Mathew, who pleaded guilty in March, was sentenced on Wednesday, July 31. In court documents, the government alleged that on Sept. 7, 2023, Mathew and the victim, identified as Jane Doe, were seated next to each other on United Airlines…

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by Jon Craig