A buyer acquired the bankrupt Big Lots and will save hundreds of stores. Gordon Brothers, a property liquidator, bought the ...
like mattress makers Tempur Sealy and Serta Simmons, that had continued to sell goods to Big Lots after it filed for bankruptcy. Many of those vendors objected to the sale, saying that Gordon ...
The deal was announced Tuesday, just days after the sale to Nexus Capital Management fell apart following creditor backlash. Several Big Lots vendors opposed the deal because it repays lenders ...
That hope was dashed by December, however, when the sale failed to go through. Founded in 1967, Big Lots began in Columbus, Ohio selling a variety of retail products from furniture and electronics ...
Retail chain company Big Lots has announced a sale transaction with Gordon Brothers Retail Partners that will see the transfer of former’s assets to other retailers. This move includes the sale ...
Kate Stickles said late Tuesday she’d approve a sale of the ... failed and a full liquidation would result in the loss of thousands of jobs and even worse losses for Big Lots creditors, company ...
Learn more The best mattresses aren't always affordable, so finding them on sale is always a nice bonus. Luckily, mattress retailers, big and small ... better than paying full price if you ...
"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots that reflects the tireless work and collective effort of ...
Dec. 28 (UPI) --Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic sale transaction with a Boston asset management firm.