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 ...
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.
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 ...
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 ...
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 ...
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.