Up to a half of Big Lots stores will be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets. The close-out retailer, which filed ...
Almost 500 Big Lots employees in Montgomery will be out of a job by mid-January. A recent WARN notice — postings which are required by federal law to notify workers before mass layoffs ...
which features a less furniture-centric assortment than Big Lots. For Big Lots, this last-minute rescue adds another twist to its roller-coaster story. The company filed for bankruptcy in ...
Despite announcing nationwide going out of business sales right before Christmas, Big Lots has reached a deal to keep hundreds of its stores open. The retailer announced a transaction with Boston ...
Big Lots, which is in the middle of a Chapter 11 bankruptcy reorganization, said in a press release that the deal sets up the transfer of its assets – stores, distribution centers and ...
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 ...
It’s also quite possible that, whatever identity the locations take on, the merchandising mix will end up being closer to Variety’s, which features a less furniture-centric assortment than Big Lots.
At first, Big Lots announced that it would continue operations as usual while closing 300 stores. By the end of September 2024, that had grown to about 400. Then, by the end of December, the company ...
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite challenges from vendors that claimed the deal unfairly saddles them with ...
Big Lots has announced that not all store locations ... The liquidation sales apply to toys, home decor, furniture, and apparel. The new agreement is subject to approval by the Bankruptcy Court ...
Home goods chain Big Lots got a reprieve to keep hundreds of stores open after a bankruptcy judge approved a last-minute sale to new owners, according to a report. US Bankruptcy Judge Kate ...