Connect with us

Detroit, MI

4 Bed Bath & Beyond stores in Metro Detroit to close: Here’s where

Published

on

4 Bed Bath & Beyond stores in Metro Detroit to close: Here’s where


Struggling retailer Mattress Tub & Past launched the complete listing of coming retailer closures, together with 5 in Michigan, 4 of that are within the Metro Detroit space.

Mattress Tub & Past introduced the plan to shut 150 shops and slash its workforce by 20% final month in a bid to save lots of $250 million this yr. It additionally mentioned it’s contemplating promoting extra of its inventory to shore up its funds and had lined up greater than $500 million of latest financing.

The corporate launched the complete listing of retailer closures on Thursday. A few third will shut throughout the subsequent few weeks.

Listed here are the 5 Michigan shops on the listing:

  • Chesterfield: 50551 Waterside Drive

  • Farmington Hills: 31075 Orchard Lake Highway

  • Northville: Northville Retail Middle, 17223 Haggerty Highway

  • Walker: Inexperienced Ridge Sq., 3410 Alpine Avenue NW

  • White Lake Twp.: 9050 Highland Highway

As of Might, the retailer operated a complete of 955 shops, together with 769 Mattress Tub & Past shops, 135 buybuy Child shops and 51 shops beneath the names Harmon, Harmon Face Values or Face Values. As of February, it had roughly 32,000 staff.

Advertisement

Mattress Tub & Past has been dealing with a number of turbulence lately. Its shares made a monstrous run from $5.77 to $23.08 in somewhat greater than two weeks in August, in buying and selling paying homage to final yr’s meme-stock craze, when out-of-favor corporations all of the sudden grew to become darlings of smaller-pocketed traders.

Copyright 2022 by WDIV ClickOnDetroit – All rights reserved.



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Detroit, MI

3 predictions for what Detroit Pistons will do in 2024 NBA free agency

Published

on

3 predictions for what Detroit Pistons will do in 2024 NBA free agency


Detroit Pistons enter Sunday evening and the start of 2024 NBA free agency with the second-most cap space, behind only the big-fish hunting Philadelphia 76ers.

Not many other teams are swimming in cap space, positioning the Pistons for rare flexibility to serve as a dumping ground for unwanted salary in exchange for draft capital, and/or to take shots at luring a few mid-to-lower tier free agents by outbidding other cash-strapped teams.

The NBA’s new collective bargaining agreement, signed one year ago, restricts high-spending teams with numerous hard caps. Accordingly, the Pistons have already made two deals to take on salary, moving up 16 spots in the second round Thursday in exchange for taking on Wendell Moore Jr., and on Friday receiving three future second-round picks for acquiring Tim Hardaway Jr.’s overpriced contract and sending back Quentin Grimes.

Advertisement

With that in mind, here are some Pistons predictions for free agency, the first under new president of basketball operations Trajan Langdon:

THE PRIMER: Pistons in NBA free agency: Cap space priorities, 8 names to watch

Detroit Pistons free agency predictions

  • Re-sign Simone Fontecchio: The Pistons on Saturday tendered Fontecchio his $5.2 million qualifying offer, a procedural formality officially making him a restricted free agent. This allows the Pistons to match any offer sheet from another team that he signs. Although Fontecchio was acquired in February for the No. 31 pick and Gabriele Procida by the previous regime, led by Troy Weaver, he proved to be a solid addition to a Pistons team desperate for any semblance of a two-way wing. He shot 40.1% last season from 3-point range in 66 games between Utah and the Pistons. Any deal for around $15 million per year over three or four years is reasonable.
  • Don’t splurge on Tobias Harris or any other over 30 big name: Just because the Pistons have money to spend does not mean they should throw a gigantic bag at anyone who will take it — especially if that player is on the downside of their career. It would be a huge mistake to take on long-term salary in a trade, like Jerami Grant from Portland (four years, $132 million), or give out a mammoth three-year, $75ish million contract to a “big name” like Tobias Harris. The Pistons should focus on short-term money in any veteran trade, as they did in taking on Hardaway’s $16 million expiring salary, or shoot lower for a role player in free agency like New Orleans forward Naji Marshall, who has plenty of familiarity with Langdon, or a low-cost center like Goga Bitadze (for defense) or Moritz Wagner (for shooting). At his introductory news conference, Langdon said the Pistons would not “skip steps” — let’s see if that holds true in his debut free agency as a lead decision maker. There should be gems to find with the market potentially collapsing for solid bench players due to the CBA constraints.
  • Add more shooting: The Pistons once again eschewed 3-point shooting by drafting Holland. They must surround Cade Cunningham with a lights out 3-point threat. He’s currently saddled by several non-shooters in Holland, Ausar Thompson and Jalen Duren or those who don’t pull away defenders (Jaden Ivey, Isaiah Stewart). The Pistons should look hard at Malik Beasley, Buddy Hield or Gary Harris, or go further down the free agent list to Luke Kennard or even Seth Curry. A one-year overpay might suffice for any of the first three names above, but a balloon payment for two years with a team option on the second year (like Indiana did with Bruce Brown Jr. last summer) would give the Pistons flexibility and greater salary matching ability to use in a future trade.

THE NEW GUY: Pistons abruptly hire J.B. Bickerstaff as head coach

When does NBA free agency start?

Free agency opens Sunday at 6 p.m. ET, with negotiations allowed between teams and all upcoming free agents. Deals can be can be signed officially starting Saturday at 12:01 p.m.

Advertisement

The top free agent is Paul George, with plenty of solid starters and depth pieces on the market, including James Harden, DeMar DeRozan, Klay Thompson and Kentavious Caldwell-Pope.

Detroit Pistons 2024 free agents 

The Pistons have several free agents, both unrestricted and restricted.

  • Simone Fontecchio, restricted (Pistons can match any offer from another team)
  • Chimezie Metu, unrestricted
  • Evan Fournier, unrestricted
  • James Wiseman, unrestricted
  • Jared Rhoden, unrestricted
  • Jaylen Nowell, unrestricted
  • Malachi Flynn, unrestricted
  • Stanley Umude, unrestricted
  • Taj Gibson, unrestricted

Make “The Pistons Pulse” your go-to Detroit Pistons podcast, available anywhere you listen to podcasts (Apple, Spotify) or watch live/on demand on YouTube.

Want more updates on the Pistons? Download our app for the latest news, alerts, eNewspaper and more.





Source link

Advertisement
Continue Reading

Detroit, MI

Detroit police want help identifying baby found early Sunday morning

Published

on

Detroit police want help identifying baby found early Sunday morning


Detroit police searching for parents, guardians of baby

Baby found in the 3200 block of Virginia Park Street in the early-morning hours on Sunday, June 30, 2024. (Detroit Police Department)

DETROIT – Police are asking the public to help them identify a baby and locate the child’s parents or guardians.

The baby was found early Sunday, June 30, 2024, morning in the 3200 block of Virginia Park Street in Detroit.

Anyone who can identify the child or their parents or guardians is asked to contact the Detroit Police Department’s 10th precinct at 313-596-1000.

Advertisement

🚨 We need your assistance 🚨 nnThe child pictured was found in the 3200 block of Virginia Park early this morning. If you...Posted by Detroit Police Department on Sunday, June 30, 2024","width":552},"subtype":"facebook-post","type":"oembed_response"},{"_id":"3BNVZLB4PZA7BCU5Y6QOZXRMTI","additional_properties":{},"content":"