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 ...

Dec. 28 (UPI) --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.

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 ...

plans to acquire between 200 and 400 Big Lots stores and operate them under the Big Lots brand. Variety Wholesalers will also acquire up to two distribution centers. “This sale agreement and transfer ...

If approved by bankruptcy court, the sale to Gordon Brothers Retail Partners would transfer Big Lots’ stores, distribution centers and other assets to companies including Variety Wholesalers ...

Linda Lavin, the beloved veteran stage and TV actress known for her Emmy-nominated role in the 1976 sitcom Alice and for her ...

"This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand," Big Lots President and CEO Bruce ...

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The owner of Highland-based A1 Estate Sale ... the jewelry. "We always split with the homeowner," Mulligan said. "And for him to say, 'Here, just take it all,' that really meant a lot to me.

With its twinkling Christmas fairy lights and nostalgic array of vintage toys, the window of one London “shop” never fails to ...

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 ...

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.