Big Lots is set to close nearly 30 stores across Florida as part of its Chapter 11 bankruptcy proceedings. This decision comes as the retailer delists from the New York Stock Exchange, signaling a significant restructuring of its business. Once boasting over 1,000 locations nationwide, Big Lots plans to reduce its store count by more…
South Florida’s once-thriving real estate market may be experiencing a significant cooling phase, as emerging economic pressures are becoming increasingly evident. Recent data reveals that the region is grappling with some of the highest foreclosure rates in the nation. According to a report from Attom, a real estate data analytics firm, foreclosure rates nationwide have…
Tom Gores, billionaire owner of the Detroit Pistons, has reportedly reached an agreement to acquire a 27 percent stake in the NFL’s Los Angeles Chargers. The news was first reported by the Sports Business Journal (SBJ). Gores’ purchase will primarily come from buying out Dea Spanos Berberian’s 24 percent interest in the franchise, which includes…