Big Lots, Variety Wholesalers
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.
Sourcing Journal on MSN1d
Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCsA bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
But last month, Big Lots revealed the deal had fallen apart. The discount retailer initiated “going-out-of-business” sales at ...
A new proposal to prevent Big Lots Inc. from shutting all its stores is at risk following complaints from some creditors that ...
Big Lots reached a deal recently to sell off many of its stores, keeping hundreds open across the country. The Athens ...
Worcester Telegram on MSN2d
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 ...
Months after discount retailer Big Lots filed bankruptcy, the chain has reached a deal to keep hundreds of stores open.
There’s good news for Big Lots fans, though, because it was just announced that many stores are indeed sticking around.
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Big Lots is acquired out of bankruptcy courtAfter filing for bankruptcy and nearing liquidation, Big Lots has entered into a last-minute deal to be acquired by ...
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