Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership.
including furniture, décor, pantry and more." "We all have worked extremely hard and have taken every step to complete a going concern sale," Big Lots CEO Bruce Thorn said in a statement.
“This sale ... of the Big Lots brand,” Big Lots President and CEO Bruce Thorn said in a statement. “We are grateful to our ...
A flagging home goods sector, muddled brand identity and competition from online retailers and mass-discounters set the stage for Big Lots’ decision to liquidate its remaining stores, analysts ...
The discount retailer is known for selling home goods, furniture, seasonal decorations and other products. In the second quarter, Big Lots generated $1.05 billion in net sales, an over 8% decline ...
The company said it would continue selling furniture, home décor and various other items through the bankruptcy process. Big Lots’ original plan was a sale to Los Angeles-based hedge fund Nexus ...
NEW YORK (AP) — Discount chain Big Lots ... sales at its remaining locations after a sale of the company didn’t materialize. The Columbus, Ohio-based retailer, which sells furniture, home ...
Big Lots is preparing to call it quits nationwide, affecting the discount retailer's four remaining stores on Long Island. Another major retailer, Party City, is also closing all its stores ...
NEW YORK — Discount chain Big Lots is conducting ... after a sale of the company didn’t materialize. The Columbus, Ohio-based retailer, which sells furniture, home decor and other items ...