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Big Lots, Dollar Stores
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.
Not all Big Lots stores will close: Retailer strikes deal to keep up to 400 open
Variety Wholesalers of Hendersonville, North Carolina owns more than 400 stores in the Mid-Atlantic and Southeast; among the chains it operates are Roses, Roses Express, Maxway, Bill's Dollar Stores, and Bargain Town.
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 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 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 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.
Sourcing Journal on MSN
3d
Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
6d
on MSN
Big Lots’ New Rescue Deal at Risk Following Creditor Opposition
A new proposal to prevent Big Lots Inc. from shutting all its stores is at risk following complaints from some creditors that ...
5d
on MSN
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 ...
The Times of Northwest Indiana
3d
Big Lots to sell as many as half its stores out of bankruptcy, but fate of Region stores unknown
The bankrupt retailer Big Lots reached a deal that could save as many as half its stores. Columbus, Ohio-based Big Lots got bankruptcy court approval to sell 200 to 400 stores to Gordon Brothers ...
7d
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 ...
2d
When will the Athens Big Lots close? What to know about the discount retailer
Big Lots reached a deal recently to sell off many of its stores, keeping hundreds open across the country. The Athens ...
Business of Home on MSN
4d
Big Lots is acquired out of bankruptcy court
Big Lots will live to fight another day. The beleaguered off-price retail chain looks like it will come back from the scrap ...
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