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 to remain open under new ownership. U.S. Bankruptcy Judge Kate Stickles approved the sale at a court hearing in Wilmington,
Big Lots reaches deal to keep hundreds of US stores open
Big Lots said it’s being sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies.
Big Lots is planning "going out of business" sales at all of its stores
Big Lots filed for bankruptcy protection in September, saying it intended to sell its business to Nexus. In August, Big Lots announced its intention close up to 315 stores, and in October disclosed plans to shut down another 56 locations in 27 states.
Big Lots is closing all stores, including two in Fort Worth
There are 86 Big Lots locations remaining in Texas. Two are in Fort Worth, located on 6425 Mccart Ave. and on 6300 Rufe Snow Drive. There is also one in Dallas on 2128 Fort Worth Ave. Big Lots primarily sells home decor and furniture, two retail categories that have struggled due to high inflation and interest rates.
Big Lots Announces Going Out Of Business Sales At All Stores
Known as one of the largest discount chain stores in the country, Big Lots has long been a favorite of home decorators for its wide variety of affordably priced housewares, patio furniture, bedroom sets, kitchen supplies, office furniture, and more. (Mind you, we also believe that you get what you pay for !)
Not all Big Lots stores will close: Deal with Gordon Brothers keeps up to 400 open
In a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.
Bankrupt Big Lots will keep hundreds of stores open under new sale transaction
Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic sale transaction with a Boston asset management firm.
Big Lots is saved: Discount chain strikes a deal with firm to keep up to 400 stores open
Big Lots announced plans on Friday, Dec. 20 to close all stores and hold going out of business sales before reaching this deal with Variety Wholesalers
Big Lots strikes deal to save hundreds of stores, thousands of jobs
An announcement Friday comes after Big Lots filed for bankruptcy in September and the fall-through of a previous merger plan.
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 closure leaves customer in limbo over missing couch piece
Margie Seals has been waiting on a piece of furniture from the Muskegon Big Lots since November. With the store set to close ...
Big Lots conducts going-out-of-business sales after sale of company falls through
NEW YORK (AP) — Discount chain Big Lots is conducting going–out-of-business sales at its remaining locations after a sale of ...
Big Lots to start going-out-of-business sales at all stores, including 4 on LI; Party City also closing stores
Big Lots will start going-out-of-business sales at its stores, the company said. Party City, which has 14 stores on Long ...
Big Lots customer still waiting for furniture as company closure looms
With Muskegon Big Lots on the list of stores to close for good, she's worried the other piece might not make it to her.
Is Big Lots closing? Company announces 'going out of business' sales
Ohio-based Big Lots announced it would close the remainder of its stores and will hold 'going out of business' sales.
Big Lots will have 'going out of business' sales at all locations
The bargain-offering big box store has turned to liquidation sales while holding out hope for a potential rescue deal.
Some Big Lots stores will remain open if bankruptcy court approves deal with new buyer
Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.