The company said in a news release that it signed a sale agreement with Gordon Brothers Retail Partners, a Boston investment ...
Big Lots plans to close its remaining roughly 970 stores as part of a going-out-of-business sale, according to a ... and would stop carrying furniture, recliners, desks, chairs, plants, Christmas ...
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds ...
The company said it would continue selling furniture, home décor and various other items through the bankruptcy process. Big Lots’ original plan was a sale to Los Angeles-based hedge fund Nexus ...
The Columbus, Ohio-based retailer, which sells furniture, home decor and ... every step to complete a going concern sale,” said Bruce Thorn, Big Lots’ president and CEO said in a statement.
The year 2024 saw a number of major retailers file for bankruptcy. For some companies, bankruptcy can mean the end. For others, bankruptcy can be a way to restructure and stay afloat amid business ...
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.
The Columbus, Ohio-based chain, whose furniture sales accounted for ... The deal fell through, but Big Lots is still seeking a sale to Nexus or another company, the retailer said in the statement.