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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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.

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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 ...

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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 ...

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 ...