Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.
Not all Big Lots stores will close: Deal with Gordon Brothers keeps up to 400 open
In a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.
Big Lots secures deal to save hundreds of stores. What we know now
"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots..."
Gordon Brothers And Variety Wholesalers Step In To Save Some Big Lots Stores
Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.
Big Lots strikes deal with Gordon Brothers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
Big Lots Finds Buyer To Save Brand, Hundreds Of Stores
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 would also include the sale of between 200 and 400 stores to Variety Wholesalers, Big Lots announced Dec. 27.
Big Lots Reaches Deal With Gordon Brothers to Keep Hundreds of Stores Open
The discount retailer had filed for bankruptcy in September.
Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
BIG LOTS CLOSES SALE TO GORDON BROTHERS RETAIL PARTNERS
Big Lots, Inc. (the "Company") today announced that it has successfully closed its previously announced sale agreement with ...
The Times of Northwest Indiana2h
Big Lots to sell as many as half its stores out of bankruptcy, but fate of Region stores unknown
The bankrupt retailer Big Lots reached a deal that could save as many as half its stores. Columbus, Ohio-based Big Lots got bankruptcy court approval to sell 200 to 400 stores to Gordon Brothers ...
Big Lots wins approval of rescue deal after creditor backlash
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite ...
Discount retailer Big Lots might remain open in Wisconsin despite bankruptcy. Here's how
Months after discount retailer Big Lots filed bankruptcy, the chain has reached a deal to keep hundreds of stores open.
Big Lots just received a last-minute lifeline
The company said the agreement could preserve thousands of jobs at stores and distribution centers and certain corporate ...