The sale would preserve 5,000 to 10,000 ... Beth Rogers, an attorney for Serta, said on Tuesday that Big Lots continued to order furniture and other inventory even after realizing it would not ...
The bankrupt Big Lots home goods closeout retailer just announced its planned sale to Nexus Capital Management ... Through November, the furniture and home furnishings retail segment has declined ...
The company said it would continue selling furniture, home décor and various other items through the bankruptcy process. Big Lots’ original plan was a sale to Los Angeles-based hedge fund Nexus ...
Big Lots filed for Chapter 11 bankruptcy protection back in September. In mid-December, the company announced all stores will hold "going out of business" sales after a sale to a private equity ...
Though it has not ruled out a sale to Nexus or another ... particularly hard-hit this year; much of Big Lots’ offerings fall under home decor and furniture, sales of which have stagnated ...
The Columbus, Ohio-based retailer, which sells furniture, home decor and ... every step to complete a going concern sale,” said Bruce Thorn, Big Lots’ president and CEO, said in a statement.
Big Lots wants to complete a sale by early January, it said. "We all have worked extremely hard and have taken every step to complete a going concern sale," CEO Bruce Thorn said in the release.