With the sale complete, it is expected that Variety Wholesalers will acquire at least 200 of the Top 100 retailer's stores.

Boston, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has completed the purchase of Big Lots Inc. and facilitated the U.S. closeout retailer’s going concern sale, ...

The company said in a news release that it signed a sale agreement with Gordon Brothers Retail Partners, a Boston investment ...

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 ...

"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 caused consumers to pull back on ...

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 ...

Big Lots, often the anchor store in low-end strip malls, sells furniture, lawn and garden, apparel, health and beauty, and other consumer goods. New buyer Variety Wholesalers owns more than 400 ...

(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.