Big Lots closing stores: Gordon Brothers deal keeps up to 400 open
11 hours ago · Big Lots, which filed for bankruptcy in September, has reached a deal to keep hundreds of its stores open.. The retailer on Friday announced a transaction with Boston-based asset liquidation firm ...
Big Lots reaches deal to keep hundreds of US stores open
12 hours ago · At the time, Big Lots planned to sell its assets and ongoing business operations to private equity firm Nexus Capital Management. But on Dec. 20, Big Lots said the deal with Nexus didn't materialize.
Bankrupt Big Lots will keep hundreds of stores open under new …
1 day ago · Dec. 28 (UPI) --Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic sale transaction with a Boston asset management firm ...
Big Lots reaches deal to keep hundreds of US stores open
10 hours ago · Gordon Brothers will then transfer Big Lots' stores, distribution centers and other assets to other retailers. Variety Wholesalers Inc., which owns more than 400 discount stores in the U.S. Southeast and Mid-Atlantic regions, plans to acquire between 200 and 400 Big Lots stores and operate them under the Big Lots brand.
Big Lots averts total liquidation with store sale to Roses ... - Axios
1 day ago · Bankrupt retailer Big Lots said Friday it struck an 11th-hour deal to save hundreds of its stores via a sale to Gordon Brothers and Variety Wholesalers.. Why it matters: The Columbus, Ohio-based company had about 27,700 employees and more than 1,300 stores in 48 states when it filed for Chapter 11 bankruptcy protection in September. Last Friday, the company said its …
Big Lots is planning "going out of business" sales at all of ... - CBS News
Dec 20, 2024 · Big Lots is preparing to close all of its stores, the bankrupt discount retailer said Thursday. The company had previously planned to sell its assets to private equity firm Nexus Capital...
Big Lots closures: what to know as company announces sales
Dec 19, 2024 · After months of store closures and filing for Chapter 11 bankruptcy protection, Big Lots is preparing to close all of its locations, according to a press release issued by the company on...
Big Lots stores closing: See full list of 344 shuttering locations
Oct 1, 2024 · Nearly 50 additional Big Lots stores are set to close across the United States as the retailer continues its bankruptcy process. The retailer, which filed for Chapter 11 bankruptcy protection...
Big Lots strikes deal to save stores, stop brand from closing
1 day ago · (Bloomberg) -- Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of the business fell apart, saving the chain from closing down entirely.Most Read from ...
BIG LOTS AGREES TO STRATEGIC TRANSACTION TO FACILITATE …
1 day ago · COLUMBUS, Ohio, Dec. 27, 2024 /PRNewswire/ -- Big Lots, Inc. (the "Company") today announced that it has agreed to a sale transaction with Gordon Brothers Retail Partners, LLC ("Gordon Brothers ...
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