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.
But last month, Big Lots revealed the deal had fallen apart. The discount retailer initiated “going-out-of-business” sales at ...
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 ...
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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 ...
There’s good news for Big Lots fans, though, because it was just announced that many stores are indeed sticking around.
Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ ...
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite ...
A new proposal to prevent Big Lots Inc. from shutting all its stores is at risk following complaints from some creditors that ...
Modell, 70, said he was at President-elect Donald Trump’s Mar-a-Lago resort on Dec. 19 when he got the idea to buy the legacy ...
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