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BOSTON — Gordon Brothers has completed the purchase of Top 100 retailer Big Lots Inc. and facilitated the discounter’s going concern sale. The purchase, which was agreed to in late 2024, enables the ...
The Columbus, Ohio-based retailer, which sells furniture, home decor and ... every step to complete a going concern sale,” said Bruce Thorn, Big Lots’ president and CEO said in a statement.
The company said it would continue selling furniture, home décor and various other items through the bankruptcy process. Big Lots’ original plan was a sale to Los Angeles-based hedge fund Nexus ...
Home goods chain Big Lots got a reprieve to keep hundreds of stores open after a bankruptcy judge approved a last-minute sale to new owners, according to a report. US Bankruptcy Judge Kate Stickles ...
The bankrupt retailer Big Lots reached a deal that could save as many as half its stores. Columbus, Ohio-based Big Lots got bankruptcy court approval to sell 200 to 400 stores to Gordon Brothers ...
Big Lots wants to complete a sale by early January, it said. "We all have worked extremely hard and have taken every step to complete a going concern sale," CEO Bruce Thorn said in the release.