After nearly a month of waiting, hundreds of employees at Big Lots’ distribution center in Montgomery officially learned they will lose their jobs in the company’s sale to a private equity firm.
“I don’t think they will keep any of the California ... I had not received a response before my deadline. Mankey started working at Big Lots in August, a month before the company filed for ...
Big Lots is under new ownership after a last-minute sale went through that will keep hundreds of stores in operation and ...
It further states that Variety “may employ” Big Lots employees who work at the stores, meaning thousands of jobs could potentially be saved. Unfortunately, details about the deal are sparse.
The company helping Big Lots through its bankruptcy process is selling the leases of more than 460 Big Lots stores across the U.S. – a sign those stores are among those likely to be closing.
"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 our ...
“We look forward to working with members of the Big Lots team to realize the exciting opportunities ahead." The agreement is subject to approval by the Bankruptcy Court and other customary ...
After announcing all its stores would close and a bankruptcy claim, Big Lots has struck a deal that appears to save about half of its stores. Big Lots made a sale transaction with Gordon Brothers ...