Brick-and-mortar stores close across country while in-person shopping increases in Bismarck-Mandan
With 7,100 brick-and-mortar closures across the country in 2024, including local big box staples like Big Lots and Party City, it might make you wonder. And although local leaders say online shopping ...
Store closures hit highest point since the pandemic
Red Lobster was a standout bankruptcy story in 2024. After the restaurant's 2023 Endless Shrimp fiasco reportedly cost it $11 ...
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Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
Floor18h
Soft Housing Market Negatively Impacts Many Businesses, Flooring Included
“Retailers announced more U.S. store closures than openings in 2024, according to data firm Coresight Research, reversing a ...
The News Journal18h
Is Big Lots closing in Delaware? Company announces 'going out of business' sales
The closures were part of a sale agreement with an affiliate of Nexus Capital Management LP, which Big Lots has since announced likely will not be completed. The company said it still "continues ...
The Montgomery Advertiser on MSN22h
Big Lots to lay off nearly 500 Alabama distribution center workers
Almost 500 Big Lots employees in Montgomery will be out of a job by mid-January. A recent WARN notice — postings which are ...