Tepid home goods sales, online competition and a brand identity crisis have taken their toll on the discount retailer, analysts say.

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 ...

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 ...

Big Lots' plan to sell itself to a private equity buyer fell apart last week. The retailer is starting store closing sales but trying to find another suiter, it said. I visited a Big Lots store in ...

Although Big Lots store ownership recently announced the company would be closing its entire network of stores, an 11th-hour ...

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.

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 ...

In yet another twist for the ill-fated discount retailer Big Lots, hundreds of locations that had been marked for closure may end up staying open after all. Earlier this month, the company ...

Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite challenges from vendors that claimed the deal unfairly saddles them with ...

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 ...