including furniture, décor, pantry and more. It fulfills its mission to help customers "Live BIG and Save LOTS" with sourcing strategies to grow extreme bargains through closeouts, liquidations ...
Up to a half of Big Lots stores will be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets. The close-out retailer, which filed ...
Nearly 500 workers at a Big Lots distribution center in Montgomery will lose their jobs next week as a result of the chain’s nationwide closures, according to the Alabama Department of Commerce.
Henderson, N.C. — Variety Wholesalers Inc. has announced plans to acquire between 200 and 400 Big Lots stores, in the midst of the retailer’s bankruptcy proceedings. North Carolina-based Variety ...
which features a less furniture-centric assortment than Big Lots. For Big Lots, this last-minute rescue adds another twist to its roller-coaster story. The company filed for bankruptcy in ...
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 ...
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon Brothers Retail Partners just before the end of 2024. The transaction ...
It’s also quite possible that, whatever identity the locations take on, the merchandising mix will end up being closer to Variety’s, which features a less furniture-centric assortment than Big Lots.
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 ...
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite challenges from vendors that claimed the deal unfairly saddles them with ...
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 ...
NEW YORK, Dec 31 (Reuters) - Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership.