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.