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 ...
which owns more than 400 discount stores in the U.S. Southeast and Mid-Atlantic regions, plans to acquire between 200 and 400 Big Lots stores and operate them under the Big Lots brand. Variety ...
"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 ...
28 (UPI) --Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic sale transaction ... sells furniture, lawn and garden ...
“This sale agreement and transfer present the ... Columbus, Ohio-based Big Lots sells furniture, home decor and other items. When it filed for bankruptcy in September, it said inflation and ...
plans to operate the acquired assets and real estate under the Big Lots brand. “The strategic sale to Gordon Brothers and transfer to Variety Wholesalers presents the strongest opportunity to ...
Big Lots filed for Chapter 11 bankruptcy protection back in September. In mid-December, the company announced all stores will hold "going out of business" sales after a sale to a private equity ...
Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of the business fell apart, saving the chain from closing down entirely. The company said Friday it has ...
“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 ...