Big Lots Closes Deal to Keep Hundreds of Stores Open—What You Need to Know
The fate of beloved discount retailer Big Lots has been up in the air for some time now. The chain first started closing locations in late 2022, then filed for Chapter 11 Bankruptcy in Sept. 2024. Things were looking up when a deal with Nexus Capital was on the table,
Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.
Vestal Big Lots is closing, despite sale to keep hundreds of stores across the U.S. open
Big Lots has recently reached a deal to keep hundreds of its locations open. However, the Vestal location is not one of them.
Big Lots Finds Buyer To Save Brand, Hundreds Of Stores
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon Brothers Retail Partners just before the end of 2024. The transaction would also include the sale of between 200 and 400 stores to Variety Wholesalers, Big Lots announced Dec. 27.
Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
Big Lots announces deal to keep hundreds of its stores open
After previous sale plan falls through, discount retailer strikes new arrangement with Gordon Brothers and Variety Wholesalers.
Big Lots secures deal to save hundreds of stores. What we know now
Big Lots gets green light for last-minute sale of 200 to 400 stores
But last month, Big Lots revealed the deal had fallen apart. The discount retailer initiated “going-out-of-business” sales at ...
Big Lots Closing All But a Few Hundred Stores
There’s good news for Big Lots fans, though, because it was just announced that many stores are indeed sticking around.
Not all Big Lots stores will close after all: NC-based company acquires some locations
Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ ...
Big Lots Wins Approval of Rescue Deal After Creditor Backlash
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting-down despite ...
Former Modell’s owner wants to save bankrupt retailers Party City, Big Lots: ‘Our goal is to save 33K jobs’
Modell, 70, said he was at President-elect Donald Trump’s Mar-a-Lago resort on Dec. 19 when he got the idea to buy the legacy ...
Big Lots approved for last-minute sale of 200 to 400 stores
Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores ...
6 things to know about the future of your local Big Lots discount store in Akron area
Akron area Big Lots will close for good unless they get a second chance in deal to keep some of the retailer's locations open ...