The company may also acquire up to two distribution centers and retain the right to employ Big Lots retail and corporate employees. “This sale agreement and transfer present the strongest ...
"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 ...
“This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand,” said Big Lots’ CEO Bruce Thorn.
Eight days after Big Lots announced plans for liquidation sales at all of its U.S. stores, the discount retailer said Friday it reached a deal with an asset buyer that will allow at least 200 ...