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.
Big Lots (OTC:BIGGQ) has agreed to a transaction with Gordon Brothers Retail Partners that will facilitate the transfer of a majority of Big Lots' assets to Variety Wholesalers and other parties.
Big Lots said Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including Variety Wholesalers ...
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 ...
"I would challenge you to find a game I wouldn't enjoy playing," Cocks told the Odd Lots podcast earlier this year. He grew up playing Dungeons & Dragons and started his career at Microsoft ...
Big Lots says it’s closing all stores after filing for Chapter 11 bankruptcy protection. The discount chain is shutting down about 400 stores across the country, including six in South Florida.
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 ...