Tepid home goods sales, online competition and a brand identity crisis have taken their toll on the discount retailer, ...
Up to a half of Big Lots stores will be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets. The close-out retailer, which filed ...
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 ...
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 ...
NEW YORK, Dec 31 (Reuters) - Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership.
Big Lots! will live to see another day of reduced overstock. The discount retail chain was all set to close its stores, but on Friday announced that it had reached a deal with Gordon Brothers ...
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 ...
Despite a new deal to keep some Big Lots stores across the country open, Big Lots locations in Broome County are among hundreds that will soon close, or have already closed, since the company ...
Big Lots, which is in the middle of a Chapter 11 bankruptcy reorganization, said in a press release that the deal sets up the transfer of its assets – stores, distribution centers and ...
“We are grateful to our associates nationwide for their grit and resilience throughout this process.” Columbus, Ohio-based Big Lots sells furniture, home decor and other items. When it filed for ...