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.
Vestal Big Lots is closing, despite sale to keep hundreds of stores across the U.S. open
Big Lots has recently reached a deal to keep hundreds of its locations open. However, the Vestal location is not one of them.
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 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: Deal with Gordon Brothers keeps up to 400 open
In a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain 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 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.
6 things to know about the future of your local Big Lots discount store in Akron area
Akron area Big Lots will close for good unless they get a second chance in deal to keep some of the retailer's locations open ...
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 ...
Worcester Telegram on MSN2d
Big Lots will keep some stores open after all. Which locations will be affected?
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Big Lots Closing All But a Few Hundred Stores
There’s good news for Big Lots fans, though, because it was just announced that many stores are indeed sticking around.
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 ...
Alabama Big Lots distribution center laying off nearly 500 workers as chain closes
The discount retailer announced last month that an anticipated merger with private equity firm Nexus Capital Management had fallen through.