For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...

Jeff King, vice president for sales and marketing for Variety Wholesalers, said the company still is analyzing which properties it should acquire.

The fate of beloved discount retailer Big Lots has been up in the air for some time now. The chain first started closing ...

From clothing chains to restaurants and furniture stores, dozens of companies went bankrupt in 2024, with multiple filings ...

Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner ...

At least 19 companies have cut a combined 14,000 jobs because of bankruptcies, according to Challenger, Gray & Christmas, an ...

Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new ...

After filing for bankruptcy and nearing liquidation, Big Lots has entered into a last-minute deal to be acquired by ...

Major US retailers announced more than 7,300 store closures last year, up 57% from 2023, according to Coresight Research. That’s the highest annual number of closed stores since 2020, when the ...

Despite announcing nationwide going out of business sales right before Christmas, Big Lots has reached a deal to keep ...

Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite ...

In an era where retail giants frequently fade into memory, Big Lots has orchestrated what many consider an impressive comeback story.