Big Lots Closes Deal to Keep Hundreds of Stores Open—What You Need to Know
The fate of beloved discount retailer Big Lots has been up in the air for some time now. The chain first started closing locations in late 2022, then filed for Chapter 11 Bankruptcy in Sept. 2024. Things were looking up when a deal with Nexus Capital was on the table,
Not all Big Lots stores will close: Retailer strikes deal to keep up to 400 open
Variety Wholesalers of Hendersonville, North Carolina owns more than 400 stores in the Mid-Atlantic and Southeast; among the chains it operates are Roses, Roses Express, Maxway, Bill's Dollar Stores, and Bargain Town.
When will the Athens Big Lots close? What to know about the discount retailer
Big Lots reached a deal recently to sell off many of its stores, keeping hundreds open across the country. The Athens location was not one of them.
Discount retailer Big Lots might remain open in Wisconsin despite bankruptcy. Here's how
Months after discount retailer Big Lots filed bankruptcy, the chain has reached a deal to keep hundreds of stores open.
BIG LOTS CLOSES SALE TO GORDON BROTHERS RETAIL PARTNERS
Big Lots, Inc. (the "Company") today announced that it has successfully closed its previously announced sale agreement with Gordon Brothers Retail Partners, LLC ("Gordon Brothers") that will enable Variety Wholesalers,
Big Lots Closing All But a Few Hundred Stores
There’s good news for Big Lots fans, though, because it was just announced that many stores are indeed sticking around.
Big Lots Restructures Under Chapter 11 Bankruptcy
The latest announcement is out from Big Lots ( (BIGGQ) ).
Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner ...
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Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
Big Lots gets green light for last-minute sale of 200 to 400 stores
But last month, Big Lots revealed the deal had fallen apart. The discount retailer initiated “going-out-of-business” sales at ...
Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new ...
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Big Lots Finds Buyer To Save Brand, Hundreds Of Stores
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon ...
Former Modell’s owner wants to save bankrupt retailers Party City, Big Lots: ‘Our goal is to save 33K jobs’
Modell, 70, said he was at President-elect Donald Trump’s Mar-a-Lago resort on Dec. 19 when he got the idea to buy the legacy ...
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Big Lots Strikes Deal to Save Hundreds of Jobs After Bankruptcy
Big Lots has secured a deal with Gordon Brothers Retail Partners to rescue hundreds of its stores and safeguard thousands of ...
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Big Lots is acquired out of bankruptcy court
After filing for bankruptcy and nearing liquidation, Big Lots has entered into a last-minute deal to be acquired by ...