Lots

Bankruptcy Expert Warns of More Retail Chain Closures Following Big Lots in 2025

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As Big Lots commences its store-wide liquidation sales, Arthur Berman, a noted bankruptcy attorney, suggests that these developments might improve the company’s prospects of attracting new ownership. The retail giant, which has been a familiar presence in the American shopping landscape, finds itself in a precarious financial condition prompting such drastic measures. The closure of Big Lots stores is part of a broader pattern of retail distress. Berman warns of a potential uptrend in similar business shutdowns as the sector grapples with various economic pressures. The persistent challenges, including increased online competition, shifting consumer habits, … Read more

Stay Informed: Understanding North Carolina Laws on Cutting Through Parking Lots and Flashing High Beams

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Raleigh, NC – Drivers in North Carolina may be subject to penalties for cutting through parking lots and flashing high beams, according to state laws. These actions, which may seem harmless to some, can actually result in a citation. North Carolina law prohibits motorists from using private parking lots, such as those belonging to shopping centers or restaurants, as shortcuts to avoid traffic or traffic signals. Violators can be ticketed under this regulation, as it is considered a dangerous practice that disrupts the flow of traffic and poses risks to pedestrians and other drivers. The … Read more