VALU Home Centers to close three more stores in Western New York [Video]
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Home Based Business

VALU Home Centers to close three more stores in Western New York [Video]

BUFFALO, N.Y. (WKBW) — Three VALU Home Centers will soon close their doors as the family-owned Buffalo-based retailer faces increasing challenges in a competitive retail marketplace.

VALU stores in North Buffalo, Lockport and Orchard Park will begin liquidation sales Thursday.

The company said the difficult decision results from rising inflation, operational and labor costs, and increased competition from online and brick-and-mortar retailers.

Scott Ortman, Executive Vice President and Chief Operating Officer, expressed that the decision was not made lightly.

“This is disheartening… it was a decision that wasn’t taken lightly,” Ortman stated shortly after the closures were announced.

Ortman emphasized that the retail environment has become increasingly challenging. Customers can now find virtually all of VALU’s products online.

“Unfortunately, the product mix we carry… there’s nothing you can’t buy online anymore. It’s sad,” Ortman added.

This is the second time VALU has recently shuttered a store; in 2022, stores in …

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Bank of Albuquerque outage restored [Video]
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Bank of Albuquerque outage restored [Video]

Bank of Albuquerque customers can once again use online services. The bank says it experienced a significant outage involving a service provider. It started sometime Wednesday, Jan. 15.The service provider also impacted 26 other banks, according to a spokesperson with BOK Financial. Follow us on social: Facebook | X/Twitter | Instagram | YouTubeLate Thursday night Bank of Albuquerque posted this statement on its website:"Our digital banking platforms are back online after an outage at our service provider. Deposits, payments, and transactions may be delayed or incorrectly reflected but will continue to update as today's transactions are processed. Thank you for your patience as we work through remaining issues. For assistance, please contact ExpressBank."BOK Financial also offered this message to clients regarding to outage:"We understand how frustrated you are and apologize for the significant delay as we wait for the system to come back online. This is a system issue outside of our control but please be assured our team is working diligently with our vendor to get it back online. We know it is stressful to not have access to your account or debit card and sincerely regret the inconvenience it has caused. We will post an update as soon as we have one."Stay updated on the latest news with the KOAT app. You can download it here.

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