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 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 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 Strikes Deal to Save Hundreds of Jobs After Bankruptcy
Big Lots has secured a deal with Gordon Brothers Retail Partners to rescue hundreds of its stores and safeguard thousands of jobs.
Big Lots reaches deal to keep up to 400 stores open. Here's what Arizona shoppers must know
Big Lots has reached a deal with a North Carolina-based company that could keep hundreds of stores open. Here's what Arizona shoppers should know.
Big Lots announces deal to keep stores open
The discount retailer had previously announced plans to close all stores nationwide due to bankruptcy. A new agreement may allow Big Lots to keep locations open rather than shutter all stores nationwide,
Discount retailer Big Lots might remain open in Wisconsin despite bankruptcy. Here's how
Months after discount retailer Big Lots filed bankruptcy, the chain has reached a deal to keep hundreds of stores open.
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 ...
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Big Lots will keep some stores open after all. Which locations will be affected?
Despite announcing nationwide going out of business sales right before Christmas, Big Lots has reached a deal to keep ...
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Big Lots has new deal, but fate of local outlet unknown
Discount retailer Big Lots has reached a deal with a new buyer to transfer several hundred stores — plus distribution centers ...
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 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 ...
Why some Big Lots stores will remain open after bankruptcy filing
Inflation and high interest rates contributed to the Big Lots' bankruptcy, but a deal with Gordon Brothers Retail Partners ...
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 ...
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Big Lots Faces Bankruptcy – Here’s How It Plans to Survive with a Big Sale
Big Lots files for bankruptcy, agreeing to a sale to Gordon Brothers, preserving jobs and continuing operations at many ...