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.

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 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.

After previous sale plan falls through, discount retailer strikes new arrangement with Gordon Brothers and Variety Wholesalers.

Big Lots has reached a deal with a North Carolina-based company that could keep hundreds of stores open. Here's what Arizona shoppers should know.