Tag: BIG LOTS
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Overview of 2024 Layoffs in New Jersey: Key Insights and Guidance
In 2024, approximately 100 New Jersey companies announced over 13,300 layoffs mainly in sectors like pharmaceuticals and finance. This reflects economic corrections post-pandemic, with implications for job seekers and laid-off employees regarding unemployment and healthcare options. Experts emphasize the importance of understanding employee rights and available aids during this transition. In 2024, close to 100…
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Big Lots Enters Agreement to Secure Brand and Jobs Through Strategic Sale
Big Lots, Inc. has reached a sales agreement with Gordon Brothers Retail Partners to transfer its assets to retailers including Variety Wholesalers. This move allows for the continued operation of its stores under the Big Lots brand and aims to preserve jobs amid financial restructuring. Big Lots, Inc. has entered into a strategic agreement with…
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Job Losses for Kentucky Retail Employees as Party City and Big Lots Shutdown
Employees at Big Lots and Party City in Lexington, Kentucky, are set to lose their jobs as both retailers announce plans to shut down. Party City has confirmed that corporate staff will not receive severance and that benefits will end as stores close by late February. Approximately 40,000 jobs will be lost nationwide, affecting many…