Big Lots had filed for bankruptcy in October with plans to be sold to Nexus Capital Mangagement, and was in the process of liquidating its stock with ... to preserve jobs, maximize value for ...
Big Lots announced on Saturday it has agreed to a sale transaction that will enable the transfer of its assets to other retailers. "This sale agreement and transfer present the strongest ...
Big Lots struck a deal with Gordon Brothers Retail Partners to keep between 200 to 400 locations open and to preserve thousands of jobs nationwide. Gordon Brothers will retain the Big Lots brand ...
Big Lots employs approximately 27,000 people, but it remains unclear how many of these jobs will transition to Variety Wholesalers under the new arrangement. Newsweek reports that other closing ...
The agreement aims to preserve the Big Lots brand, as well as hundreds of stores and thousands of jobs. Variety Wholesalers plans to continue operating the acquired stores under the Big Lots brand ...
This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand. We are grateful to our associates ...
Now between 200 and 400 Big Lots stores will live to see another day. “Good news on the retail jobs front this morning,” Neil Saunders, managing director of GlobalData Retail, posted on LinkedIn.
“This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand. We are grateful to our associates ...
Big Lots (OTC ... under the Big Lots brand. “The strategic sale to Gordon Brothers and transfer to Variety Wholesalers presents the strongest opportunity to preserve jobs, maximize value of ...
Under the agreement, Variety would operate the stores under the Big Lots brand and potentially save thousands of jobs. However, the parties involved have not yet said which locations might be ...