The retail chain originally filed for bankruptcy in September and has been in the process of getting rid of its underperforming stores since then. Big Lots' financial woes reflect a larger crisis ...
National retailer Big Lots, which is based in Columbus, Ohio, announced this week that it has found a buyer that will keep at least 200 stores open, while also possibly keeping some staff intact.
But new clues have emerged this week that point to at least some of the stores that are not likely to be saved. Gordon Brothers, which completed its purchase of Big Lots earlier this month ...
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 ...
Some Big Lots stores, and jobs, will be saved. Is your store closing? On Friday, Dec. 27, the chain announced that 200 to 400 stores will be sold to Gordon Brother Retail Partners LLC. Big Lots ...
It took a year to plan, but the salvage efforts started in earnest in November 2020. To start with, the first massive chunk was cut off of the ship and schlepped to shore, but it took until ...
Another store ... from Big Lots as well as “release of a $2.5 million deposit held in escrow.” Attorneys for Nexus subsidiary Gateway BL Acquisition contended that as they worked to salvage ...
This video from 1942 shows salvage teams with the Navy utilizing cranes and divers to find sunken wreckage off the Atlantic coast. 20 Christmas Songs That Were Banned ‘Moneyball’ and ‘Big ...
Following a failed deal to sell itself to Nexus Capital Management, Big Lots announced store closures and initiated going-out-of-business sales in a move the company said would help protect the ...
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 ...