Big Lots strikes deal to keep hundreds of stores open and save jobs
15 hours ago · Big Lots, the discount chain that filed for bankruptcy in September, said Friday that it agreed to a sale transaction with an investment firm, allowing hundreds of stores to stay open by ...
Big Lots closing stores: Gordon Brothers deal keeps up to 400 open
13 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 save brand and keep hundreds of stores …
14 hours ago · The news comes after Big Lots filed for Chapter 11 bankruptcy in September due to declining sales, a challenging retail landscape and “a continued pullback in consumer spending by our core ...
Big Lots reaches deal to keep hundreds of US stores open
14 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.
Big Lots Strikes Deal to Save Stores, Stop Brand From Closing
1 day ago · 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.
Big Lots will soon start ‘going out of business’ sales at its …
Dec 20, 2024 · Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through. The company previously announced it was selling “substantially all” of its ...
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...
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 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 restructuring plans had ...
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