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 ...
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 ...
In yet another twist for the ill-fated discount retailer Big Lots, hundreds of locations that had been marked for closure may end up staying open after all. Earlier this month, the company ...
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 ...