Big Lots said Friday it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies.
Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic ...
The retail laggards are stuck with high costs and declining revenues as they burn through dwindling cash piles.
The retailer was the third major chain to declare bankruptcy last week, joining Woodcliff Lake-based Party City as well as ...
Mastercard said consumers were "value-minded" and shopped at both brick-and-mortar stores and online platforms in search of attractive deals.
The Container Store and Party City join Macy's, Stop & Shop, Big Lots and a handful of national pharmacy chains that are rolling up the sidewalks as a divide rocks the retail world.
Retail sales over the holiday season increased 3.8% over last year as people visited restaurants and purchased clothes and ...
NEW YORK — Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and ...
The Texas-based company, which has stores in Uniondale and Huntington, is grappling with mounting losses and cash flow ...
The Container Store and Party City join Macy's, Stop & Shop, Big Lots and a handful of national pharmacy chains that are rolling up the sidewalks as a divide rocks the retail world.
The Container Store, a once-thriving home organization retailer, has become the latest casualty in a string of bankruptcy ...
The home-organizing giant struggled with a pullback in store sales and increased competition from discounters.