Despite striking a last minute sale to save hundreds of stores amid bankruptcy, Big Lots is still eyeing hundreds of store closures under its new owners, Gordon Brothers. The Boston-based investment ...
The states with the most Big Lots locations up for sale on the list are Texas (72), New York (49) and Florida (44).
It’s a New Year’s miracle: Big Lots will live to fight another day. The beleaguered off-price retail chain looks like it will come back from the scrap heap of nearly dead home furnishings ...
Months after discount retailer Big Lots filed bankruptcy in late 2024, the chain has reached a deal to keep hundreds of stores open, it announced in a Dec. 27 news release. In a transaction with ...
Despite announcing nationwide going out of business sales right before Christmas, Big Lots has reached a deal to keep hundreds of its stores open. The retailer announced a transaction with Boston ...
Big Lots, which is in the middle of a Chapter 11 bankruptcy reorganization, said in a press release that the deal sets up the transfer of its assets – stores, distribution centers and ...
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon Brothers Retail Partners just before the end of 2024. The transaction ...
Home goods chain Big Lots got a reprieve to keep hundreds of stores open after a bankruptcy judge approved a last-minute sale to new owners, according to a report. US Bankruptcy Judge Kate ...
Throughout 2024, different companies ranging from restaurants to big box retail stores closed various locations across the country for a variety of reasons. Some companies filed for bankruptcy and ...
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting-down despite challenges from vendors that claimed the deal unfairly saddles them with ...
Discount retailer Big Lots has found a last-minute savior. The company said Friday that it has agreed to a deal with Gordon Brothers Retail Partners that will enable the transfer of assets ...