COLUMBUS, Ohio (WCMH) — Big Lots is under new ownership after a last-minute sale went through that will keep hundreds of stores in operation and prevent thousands of layoffs. The Columbus-based ...
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 ...
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 the time, Big Lots planned to sell its assets and ongoing business operations to private equity firm Nexus Capital Management. But on Dec. 20, Big Lots said the deal with Nexus didn't materialize.
Variety has said it will operate the Big Lots locations under the existing name, but some stores could be converted to its other brands. It’s also quite possible that, whatever identity the locations ...
Big Lots, which filed for bankruptcy in September, has reached a deal to keep hundreds of its stores open. The retailer on Friday announced a transaction with Boston-based asset liquidation firm ...
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 ...
Big Lots! will live to see another day of reduced overstock. The discount retail chain was all set to close its stores, but on Friday announced that it had reached a deal with Gordon Brothers ...
COLUMBUS, Ohio (WCMH) — Big Lots is under new ownership after a last-minute sale went through that will seemingly keep hundreds of stores in operation and prevent thousands of layoffs. The Columbus, ...
“We are grateful to our associates nationwide for their grit and resilience throughout this process.” Columbus, Ohio-based Big Lots sells furniture, home decor and other items. When it filed for ...