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Big Lots, Variety Wholesalers
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.
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 its remaining 900 stores, after having already closed about 400 stores in 2024.
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.
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 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.
Sourcing Journal on MSN
1d
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.
2d
on MSN
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.
Worcester Telegram on MSN
2d
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 ...
3d
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 ...
23h
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 ...
Hosted on MSN
2d
Big Lots is acquired out of bankruptcy court
After filing for bankruptcy and nearing liquidation, Big Lots has entered into a last-minute deal to be acquired by ...
ViewusGlobal on MSN
5d
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 ...
fingerlakes1
6d
Big Lots comes up with plan to avert mass closures: What local stores will survive?
Gordon Brothers will transfer Big Lots’ assets to other retailers, with Variety Wholesalers set to acquire 200–400 stores and ...
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