Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
Big Lots reaches deal to keep hundreds of stores open, save jobs
The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores and operate under the Big Lots brand.
Big Lots reaches deal with Gordon Brothers to keep up to 400 stores open
The discount chain said on Friday that it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies. Gordon Brothers will then transfer Big Lots’ stores, distribution centers and intellectual properties to other retailers, Big Lots said in a news release.
Not all Big Lots stores are closing after all. Deal will save as many as 400 locations
Because of a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.
Big Lots sale could save hundreds of stores. Will Whiteville’s be one of them?
A week after Big Lots announced going out of business sales, the company says that a newly negotiated deal will allow hundreds of its locations to remain open. However, as
Big Lots strikes deal to keep hundreds of stores open and save jobs
The discount chain said it agreed to a sale transaction with an investment firm which would allow hundreds of stores to stay open by transferring its property to other retailers and companies.
Big Lots announces deal to keep hundreds of its stores open
After previous sale plan falls through, discount retailer strikes new arrangement with Gordon Brothers and Variety Wholesalers.
Vestal Big Lots is closing, despite sale to keep hundreds of stores across the U.S. open
Big Lots has recently reached a deal to keep hundreds of its locations open. However, the Vestal location is not one of them.
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Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
Is Big Lots going out of business? Ohio-based retailer's bankruptcy sale falls through
The Columbus-based retailer is starting going out of business sales as the company's acquisition out of bankruptcy has fallen ...
Big Lots gets green light for last-minute sale of 200 to 400 stores
But last month, Big Lots revealed the deal had fallen apart. The discount retailer initiated “going-out-of-business” sales at ...
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Big Lots to layoff 555 Columbus workers as ‘going out of business’ sales begin
COLUMBUS, Ohio (WCMH) — Big Lots is commencing a mass layoff of 555 Franklin County workers after a deal collapsed that ...
Big Lots to lay off 555 workers at Columbus corporate office as it prepares to shut down
Big Lots is laying off 555 workers at its headquarters in Ohio as it prepares to shut down after a deal to be acquired out of ...
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Big Lots sells assets in last-ditch deal to attempt to save jobs, brand
The Columbus-based retailer announced it will sell its stores, assets, distribution centers, and more to retailers.
6 things to know about the future of your local Big Lots discount store in Akron area
Akron area Big Lots will close for good unless they get a second chance in deal to keep some of the retailer's locations open ...
Some Big Lots stores will remain open if bankruptcy court approves deal with new buyer
Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.