The bankruptcy of Big Lots is helping Ollie’s Bargain Outlet’s new store pipeline as the discount retailer’s bottom line benefits from an increased number of locations. Ollie’s OLLI has ...
That hope was dashed by December, however, when the sale failed to go through. Founded in 1967, Big Lots began in Columbus, Ohio selling a variety of retail products from furniture and electronics ...
Big Lots filed for Chapter 11 bankruptcy protection weeks after announcing plans to close 340 stores across the United States. The company said at the time that the closures were part of a sale ...
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Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through. The company previously announced it was selling “substantially all” of its ...
NEW YORK — Discount chain Big Lots is conducting going–out-of-business sales at its remaining locations, including four stores in Colorado, after a sale of the company didn’t materialize.
Bruce Thorn, CEO of Big Lots, expressed the company's commitment to finding a viable solution. "We all have worked extremely hard and have taken every step to complete a going concern sale ...
Big Lots filed for Chapter 11 bankruptcy protection weeks after announcing plans to close 340 stores across the United States. The company said at the time that the closures were part of a sale ...
The retail chain also announced it does not anticipate completing a previously announced asset purchase agreement with Nexus Capital Management and will continue working toward an alternative sale ...