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Big Lots customers and employees who have been wondering which locations may stay open after the bankrupt retailer was sold to a restructuring firm might have to wait until spring. But new clues ...
Eight days after announcing that it would close all stores, Big Lots has reached a deal that could keep 200 to 400 Big Lots locations open. Big Lots announced Friday that it will sell Big Lots ...
Some Big Lots stores, and jobs, will be saved. Is your store closing? On Friday, Dec. 27, the chain announced that 200 to 400 stores will be sold to Gordon Brother Retail Partners LLC. Big Lots ...
Columbus, Ohio-based Big Lots sells furniture, home decor and other items. When it filed for bankruptcy in September, it said inflation and high interest rates caused consumers to pull back on ...
The discount retailer is known for selling home goods, furniture, seasonal decorations and other products. In the second quarter, Big Lots generated $1.05 billion in net sales, more than an 8% ...
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.
Variety has said it will operate the Big Lots locations under the existing name, but some stores could be converted to its other brands. It’s also quite possible that, whatever identity the locations ...
"Having established a strong working partnership with Big Lots, we executed seamlessly with all parties to provide the company and its stakeholders a holistic, solutions-oriented sale and avoid a ...