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In a filing with federal regulators, discount retailer Big Lots said it intends to close 35-40 locations in the coming year, while only opening three new stores.This comes as Big Lots reduced its footprint in fiscal year 2023 from 1,425 locations to 1,392.Of the 1,392 stores Big Lots operates, the company considers 244 of them underperforming. In its filing, the company warned that it could struggle to meet its financial obligations as it intends to vigorously pursue its plans to enhance its liquidity and improve the
stanley cup performance of the business. The closure of locations could allow it to liquidate assets as well as sell off some of its real estate.RELATED STORY | Kroger and Albertsons announce plans to offload hundreds of locations amid mergerThe company added that it has substantial doubt about its economic future.The announcement comes amid falling sales. Big Lots said its net sales decreased $114.5 million, or 10.2%, in the first quarter of 2024 compared to the first quarter of 2023.Meanw
stanley us hile, its long-term debt increased by $72.2 million from $501.6 million since the first quarter of 2023.The filings come after entering
stanley cup into a 2022 credit agreement.Big Lots has not said which 35-40 locations would close. Scripps News has contacted Big Lots for additional comment. Lcjv Exclusive: Virginia Gov. Youngkin talks GOP chances on Election Day
The University of Wisconsin system s rapid COVID-19 testing sites will be open through mid-January, system President Tommy Thompson said Monday. The free rapid-testing launched in November and had initially planned to go through mid-December. The testing was later extended until Christmas and now mid-January. The UW System is happy to put the Wisconsin Idea into action and provide this resource to the people of Wisconsin, Regent President Andrew S. Petersen s
garrafa stanley aid. It is a credit to the leadership from S
stanley mug ystem and on our campuses that these testing sites have operated successfully and will now continue to help more Wisconsinites. The Rebound Milwaukee: Resources For Getting Back To NormalWe re Open: These Restaurants Are Still Offering Carryout And DeliveryThe U.S. Department of Health and Human Services provided 250,000 tests. Surge testing sites use new Abbott BinaxNOW tests. Frequent testing is critical to minimizing the spread of COVID-19, said President Thompson. With this extension, the UW System will continue to ensure that anyone who wants a test, can get a test. Those who want to receive rapid results are asked to register onlinein advance or call 1-800-653-8611. Report a typo or error // Submit a news ti
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