Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ current Big Lots employees.
But last month, Big Lots revealed the deal had fallen apart. The discount retailer initiated “going-out-of-business” sales at ...
The fate of Big Lots stores in Auburn and Williamson hangs in the balance following the retailer’s recent agreement with ...
Despite announcing nationwide going out of business sales right before Christmas, Big Lots has reached a deal to keep ...
Big Lots, which filed for bankruptcy in September, on Dec. 27 announced a deal with Variety Wholesalers of Henderson and ...
The announcement followed an unsuccessful turnaround effort as part of ongoing bankruptcy proceedings, which had already seen several waves of stores closures. Big Lots filed for Chapter 11 ...
NEW YORK, Dec 31 (Reuters) - Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership.
"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots..." ...
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 ...
Variety Wholesalers, based in Henderson in Vance County, already owns Roses and has now agreed to buy hundreds of Big Lots ...