Major US retailers announced more than 7,300 store closures last year, up 57% from 2023, according to Coresight Research. That’s the highest annual number of closed stores since 2020, when the ...

Despite announcing nationwide going out of business sales right before Christmas, Big Lots has reached a deal to keep hundreds of its stores open. The retailer announced a transaction with Boston ...

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 ...

Not all Big Lots stores will close after all, as a transaction with Boston-based asset liquidation firm Gordon Brothers Retail Partners resulted in the potential transfer of 200 to 400 Big Lots ...

Update: Big Lots says it reached a deal in late December to keep hundreds of U.S. stores open. Big Lots is preparing to close all of its stores, the bankrupt discount retailer said Thursday.

Following a failed deal to sell itself to Nexus Capital Management, Big Lots announced store closures and initiated going-out-of-business sales in a move the company said would help protect the ...

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. Columbus ...

In a surprising turn of events, discount retailer Big Lots has announced a new deal that will keep hundreds of its stores open after a previous acquisition attempt fell through. The company, which ...

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 will ...

The company did not offer a timeline for how long the sales will last but promised to serve customers in-store and online ... to protect the value of the Big Lots estate, we have made the ...