Retail focus investment firm Gordon Brothers revealed that it is offering Big Lots leases for sale nationwide, following the completion of its purchase of the U.S. closeout retailer. The purchase enables the transfer of Big Lots’ assets, including its stores, distribution centers and intellectual property, to other retailers and companies.

Shares of Albertsons Companies (NYSE:ACI) are trading defensively for the first time in six days after the company said it was letting go of some of its corporate staff to “recalibrate the company to compete in a rapidly changing market.

Albertsons is laying off corporate and division support employees around the country, a spokesperson for the company told the Idaho Statesman on Wednesday. Store employees are not impacted by the cuts, the spokesperson said in a statement.

The Miami Heat lost a tough game to the Los Angeles Clippers on Monday night, but at least veteran forward Kevin Love has a sense of humor about it. Love, 36, took to Instagram the morning after his team’s 109-98 loss, lamenting a third quarter in which the Clippers outscored the Heat, 36-20. “When someone

The grocer didn’t offer specifics, though a WARN notice in Arizona noted that the company is firing 225 corporate office employees in Phoenix.

Albertsons’ renewed focus on customer-centric strategies positions the company to navigate an evolving consumer landscape, Sankaran added, signaling a fresh chapter for the grocery giant, even as the fallout from the failed merger continues to unfold in the courts.

A month after its failed merger with Kroger, Albertsons is laying off employees, including 68 corporate and division support staff in Phoenix.

These layoffs come just about a month after Albertsons gave up on a merger deal with Kroger after two separate courts denied the merger. Kroger and Albertsons proposed the largest grocery store merger in U.

Albertsons has announced layoffs affecting employees in its corporate and division support offices, leaving those in administrative roles facing