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Friday, dec 13
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Securities & Exchange Commission
Business
Cyberattack Hits Krispy Kreme As Hackers Find Hole In Online Ordering System
Hackers have found a hole in Krispy Kreme's online ordering system, leaving some customers temporarily unable to place digital orders for their favorite donuts. The company has confirmed the incident and stated that its technical team is actively working to resolve the issue. Krispy Kreme reported that the breach influenced its web-based platforms but did not affect in-store operations or the safety of customers' personal data. The attack was first discovered at the end of November, the company said in a filing with Securities Exchange Commission (SEC). Krispy Kreme said it "i…
Business
Big Lots To Close 5 More Pennsylvania Stores
Things have gotten worse for the discount retailer Big Lots. The national chain was previously set to close approximately 300 stores, then they decided to close 40 more, but following a new filing with the Securities & Exchange Commission on Friday, Oct. 4, the impending closure of another 150 stores nationwide has been announced. The store closures are part Chapter 11 bankruptcy process. This latest round brings the total number of planned and completed closures to about 500. Big Lots had 73 stores located in the Keystone State when this process started, at the tim…
Business
Big Lots To Close 4 More Pennsylvania Stores
It's more bad news for discount retailer Big Lots. The national chain previously announced plans to close around 40 stores this year, according to a filing with the Securities & Exchange Commission (SEC), but in a new filing last week, the company said it may need to shutter nearly 300 locations — several of them in Pennsylvania. In an updated term sheet Big Lots filed with the SEC on Friday, Aug. 2, the company detailed that it would need to close 20 percent of its 1,392 stores — about 290 in all Big Lots has 73 stores located in the Keystone State. The company cited…