With the sale complete, it is expected that Variety Wholesalers will acquire at least 200 of the Top 100 retailer's stores.
The company said in a news release that it signed a sale agreement with Gordon Brothers Retail Partners, a Boston investment ...
Because it was such a large purchase, I lived with my decision for a few years before finally deciding enough was enough, and ...
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
Discount retailer Big Lots has found a last-minute savior. The company said Friday that it has agreed to a deal with Gordon Brothers Retail Partners that will enable the transfer of assets ...
(Photo by Brandon Bell/Getty Images) 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 ...
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(CNN) — Big Lots, the discount chain that filed for bankruptcy in September, said Friday that it agreed to a sale transaction with an investment firm, allowing hundreds of stores to stay open ...
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 ...
Variety Wholesalers Inc., 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 ...
The bankruptcy of Big Lots is helping Ollie’s Bargain Outlet’s new store pipeline as the discount retailer’s bottom line benefits from an increased number of locations. Ollie’s OLLI has ...
BANKRUPT Big Lots 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 on Friday (Dec 27) it has ...