NEW YORK — Discount chain Big Lots is conducting going-out-of-business sales at its remaining locations after a sale of the company didn’t materialize. The Columbus, Ohio-based retailer, which sells ...
In yet another twist for the ill-fated discount retailer Big Lots, hundreds of locations that had been marked for closure may end up staying open after all. Earlier this month, the company announced ...
(Gray News) - Big Lots is reopening a number of its stores, including several locations that have already reopened in a handful of states. The discount chain’s new owners announced earlier this month ...
After announcing plans to go out of business, bankrupt discount chain Big Lots says it struck a deal with an investment firm that would save about half of its stores across the U.S. In a Dec. 27 press ...
Big Lots, the discount chain that filed for bankruptcy in September, said Friday that it agreed to a sale transaction with an investment firm, allowing hundreds of stores to stay open by transferring ...
Big Lots is laying off 555 corporate workers including its CEO following the collapse of its deal to be acquired out of bankruptcy. The Columbus-based discounter reported to the state that the workers ...
Vendors, landlords, and other creditors often feel a sense of security when doing business with Chapter 11 debtors. The Bankruptcy Code, and even court orders entered at the outset of a bankruptcy ...
After spending much of 2024 closing stores and recent months trying to solidify a sale of the company to keep its doors open, discount retail chain Big Lots has announced that it now plans to close ...
Big Lots is adding dozens of locations to its list of stores slated to close as part of the discount retailer's Chapter 11 bankruptcy process. The Columbus, Ohio-based company plans to shut down ...
Ohio-based discount chain Big Lots announced a new deal with private equity firm Gordon Brothers Retail Partners on Friday that would save hundreds of stores and thousands of jobs nationwide after ...
(NEXSTAR) — It’s been roughly five months since discount retailer Big Lots filed for Chapter 11 bankruptcy protection. In that time, the company has closed more than 500 stores, cutting its footprint ...