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.

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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 ...

"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 ...

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 ...

"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots that reflects the tireless work and collective effort of ...

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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 ...

Gordon Brothers, which was handling Big Lots’ going-out-of-business sale, has agreed to buy all Big Lots assets, including stores, distribution centers and intellectual property, which it plans ...

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 ...