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Saturday, nov 23
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Business
Big Lots Expands Store Closures Amid Bankruptcy Filing: Here's Rundown Of NY Closures
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
Family Of NY Woman Who Died After Eating Mislabeled Cookie At Stew Leonard's Files Lawsuit
The family of a 25-year-old woman who died in Connecticut has filed a wrongful death lawsuit against Stew Leonard’s and an independent manufacturer for their alleged negligence in not properly labeling a cookie made with peanuts. Órla Baxendale, a dancer from New York City, died in Connecticut as a result of "gross negligence and reckless indifference" after she ate a mislabeled cookie sold by grocery chain Stew Leonard’s, according to a lawsuit reported by ABC News. Earlier Report: ID Released For 25-Year-Old Woman Who Died After Eating Mislabeled Cookie Sold In Danbury The 25-yea…