Variety Wholesalers Inc., which owns more than 400 discount stores in the U.S. Southeast and Mid-Atlantic regions, plans to ...

The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds ...

Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores ...

In a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores ...

The discount retailer had filed for bankruptcy in September.

Big Lots (OTC:BIGGQ) has agreed to a transaction with Gordon Brothers Retail Partners that will facilitate the transfer of a ...

Big Lots, which filed for bankruptcy in September, has reached a deal to keep hundreds of its stores open. The retailer on Friday announced a transaction with Boston-based asset liquidation firm ...

The deal for the bankrupt retailer will facilitate the transfer of stores and the Big Lots brand to Variety Wholesalers.

Big Lots said Friday it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies.

The retail company struck a rescue deal to save hundreds of stores, preserving thousands of jobs after filing for Chapter 11 bankruptcy.

An announcement Friday comes after Big Lots filed for bankruptcy in September and the fall-through of a previous merger plan.