Brian Anthony D'Ambrosio was sentenced Dec. 16 to six months in federal prison, a $4,000 fine and $22,508 in restitution. He ...

The chain filed for bankruptcy protection in September, saying inflation and high interest rates caused consumers to pull ...

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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 ...

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"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 ...

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.