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 ...
After gradually shutting down locations around the country this year, including several here in New Hampshire, Big Lots is officially ... complete a going concern sale," Thorn said in the release.
The suspect in a series of thefts starts by asking for directions and ends up stealing the victim’s jewelry. Hamilton police are warning the public of a spate of similar “distraction thefts ...
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 ...
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 ...
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 ...
But that sale failed to go through. Big Lots is one of several companies that had closures in 2024 nationwide. Experts noted economic strain and consumer habit changes as reasons this year saw ...