After months of store closures and filing for Chapter 11 bankruptcy protection, Big Lots is preparing to close all of its locations, according to a press release issued by the company on Thursday ...
Discount retailer Big Lots has reached a deal with a new buyer to transfer several hundred stores — plus distribution centers and intellectual property — to other retailers and companies.
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 ...
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.
The discount retailer is known for selling home goods, furniture, seasonal decorations and other products. In the second quarter, Big Lots generated $1.05 billion in net sales, more than an 8% ...
Columbus, Ohio-based Big Lots sells furniture, home decor and other items. When it filed for bankruptcy in September, it said inflation and high interest rates caused consumers to pull back on ...