Despite announcing nationwide going out of business sales right before Christmas, Big Lots has reached a deal to keep hundreds of its stores open. The retailer announced a transaction with Boston ...
It’s a New Year’s miracle: Big Lots will live to fight another day. The beleaguered off-price retail chain looks like it will come back from the scrap heap of nearly dead home furnishings businesses ...
At first, Big Lots announced that it would continue operations as usual while closing 300 stores. By the end of September 2024, that had grown to about 400. Then, by the end of December, the company ...
Big Lots, which is in the middle of a Chapter 11 bankruptcy reorganization, said in a press release that the deal sets up the transfer of its assets – stores, distribution centers and ...
Home goods chain Big Lots got a reprieve to keep hundreds of stores open after a bankruptcy judge approved a last-minute sale to new owners, according to a report. US Bankruptcy Judge Kate ...
Discount retailer Big Lots has found a last-minute savior. The company said Friday that it has agreed to a deal with Gordon Brothers Retail Partners that will enable the transfer of assets ...
Some Big Lots stores, and jobs, will be saved. Is your store closing? On Friday, Dec. 27, the chain announced that 200 to 400 stores will be sold to Gordon Brother Retail Partners LLC. Big Lots ...
A new proposal to prevent Big Lots Inc. from shutting all its stores is at risk following complaints from some creditors that stand to incur losses in the troubled retailer’s bankruptcy. The ...