Tepid home goods sales, online competition and a brand identity crisis have taken their toll on the discount retailer, analysts say.
Update: Big Lots says it reached a deal in late December to keep hundreds of U.S. stores open. Big Lots is preparing to close all of its stores, the bankrupt discount retailer said Thursday.
Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through. The company previously announced it was selling “substantially all” of its ...
The fate of Big Lots is getting down to the wire. The discount retailer said Thursday that it will hold going-out-of-business sales at its remaining stores as it does not expect to close its sale ...
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 ...
After months of store closures and filing for Chapter 11 bankruptcy protection, Big Lots is preparing to close all of its locations, according to a press release issued by the company on Thursday.
NEW YORK, Dec 31 (Reuters) - Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership.
Big Lots' plan to sell itself to a private equity buyer fell apart last week. The retailer is starting store closing sales but trying to find another suiter, it said. I visited a Big Lots store in ...
After months of store closures and filing for Chapter 11 bankruptcy protection, Big Lots is preparing to close all of its locations, according to a news release issued by the company on Thursday.
National retailer Big Lots, which is based in Columbus, Ohio, announced Thursday that it will begin having Going Out of Business (GOB) sales at all of its remaining stores. The retail chain also ...