With the sale complete, it is expected that Variety Wholesalers will acquire at least 200 of the Top 100 retailer's stores.
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After filing for bankruptcy and nearing liquidation, Big Lots has entered into a last-minute deal to be acquired by ...
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.
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 ...
Big Lots said Friday it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies.
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 ...
(Bloomberg) -- 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 ...
Big Lots (OTC:BIGGQ) has agreed to a transaction with Gordon Brothers Retail Partners that will facilitate the transfer of a majority of Big Lots' assets to Variety Wholesalers and other parties.
Big Lots said Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including Variety Wholesalers ...