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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 ...
9. That announcement also included the Hanford and Fresno locations. The Big Lots in Clovis survived both rounds of closures. No actual closing dates have been announced for the Tulare store, which is ...
The deal fell through, but Big Lots is still seeking a sale to Nexus or another company, the retailer said in the statement. Big Lots had 1,392 locations as of May 4, the end of its fiscal first ...
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.
But in a Dec. 19 update, Big Lots announced that its deal with Nexus had fallen through. The company is trying to work out an alternative purchase agreement with Nexus or another company and aims to ...
Big Lots said its goal is to complete a transaction by early January. "We all have worked extremely hard and have taken every step to complete a going concern sale," Big Lots CEO Bruce Thorn said ...