But new clues have emerged this week that point to at least some of the stores that are not likely to be saved. Gordon Brothers, which completed its purchase of Big Lots earlier this month ...
National retailer Big Lots, which is based in Columbus, Ohio, announced this week that it has found a buyer that will keep at least 200 stores open, while also possibly keeping some staff intact.
The announcement followed an unsuccessful turnaround effort as part of ongoing bankruptcy proceedings, which had already seen several waves of stores closures. Big Lots filed for Chapter 11 ...
flagging home goods sector and competition from online retailers and mass-discounters all contributed to Big Lots’ financial turbulence. Other home-goods stores have faced similar pressures.
COLUMBUS, Ohio (WCMH) — Big Lots is under new ownership after a last-minute sale went through that will seemingly keep hundreds of stores in operation and prevent thousands of layoffs.
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 ...
COLUMBUS, Ohio (WCMH) — Big Lots is under new ownership after a last-minute sale went through that will keep hundreds of stores in operation and prevent thousands of layoffs. The Columbus-based ...
Big Lots! will live to see another day of reduced overstock. The discount retail chain was all set to close its stores, but on Friday announced that it had reached a deal with Gordon Brothers ...
Some Big Lots stores, and jobs, will be saved. Is your store closing? On Friday, Dec. 27, the chain announced that 200 to 400 stores will be sold to Gordon Brother Retail Partners LLC. Big Lots ...