Big Lots closing every store, going out of business

BALTIMORE, MD—Big Lots, the discount retail chain, announced this week that it plans to close all of its remaining stores and go out of business. Fast Company reports that the decision comes after a deal with Nexus Capital Management fell through, leaving the company unable to secure a sale and avoid liquidation. The company had been struggling financially throughout 2024, […]

Procter & Gamble recalls 8.2 million defective laundry detergent packets due to risk of serious injury

WASHINGTON—Proctor & Gamble is recalling approximately 8.2 million laundry detergent pods due to the risk of serious injury. Officials say the outer packaging meant to prevent access to the contents can split open near the zipper track, posing a risk of serious injury to children and other vulnerable populations if the contents of the laundry detergent packets are ingested, as […]