Big Lots is fighting to survive. The discount retail chain had won court approval to sell itself to private equity firm Nexus Capital Management this fall after filing for Chapter 11 bankruptcy in ...
The bankrupt Big Lots home goods closeout retailer just announced its planned sale to Nexus Capital Management has hit the skids so it will begin going-out-of-business sales (GOB) at its remaining ...
Big Lots will no longer be closing all remaining stores after agreeing to a sale this week. The national retailer announced Friday, Dec. 27 it struck a deal that will save hundreds of stores ...
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and distribution centers open. Big Lots said Friday it ...
Big Lots announced on Thursday that it’s closing all of its stores across the U.S. The budget retailer will be holding going-out-of-business sales as a result of these closures, which shoppers will be ...
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.
Eight days after Big Lots announced plans for liquidation sales at all of its U.S. stores, the discount retailer said Friday it reached a deal with an asset buyer that will allow at least 200 ...