Gordon Brothers to buy bankrupt Big Lots for up to $495M
The deal for the bankrupt retailer will facilitate the transfer of stores and the Big Lots brand to Variety Wholesalers.
Big Lots makes major announcement after filing for bankruptcy
A struggling discount retailer has secured a last-minute rescue deal that could save hundreds of stores and thousands of jobs ...
Big Lots to sell hundreds of stores, saving thousands of jobs
The Columbus-based retailer says they’ve reached an agreement to sell the company to Gordon Brothers Retail Partners, LLC.
Wally Kennedy: Efforts to save Big Lots have proved unsuccessful
Another one bites the dust. Big Lots, a company with 870 stores and about 30,000 employees, is going out of business after 57 years. Post-pandemic inflation could be a factor in the failure of this ...
Big Lots bankruptcy leaves customer anxious for missing couch piece
Margie Seals has been waiting on a piece of furniture from the Muskegon Big Lots since November. With the store set to close ...
Big Lots finds last-minute lifeline
Variety Wholesalers is now set to take control of between 200 and 400 Big Lots locations, preserving "thousands of jobs." ...
Big Lots reaches deal to keep hundreds of stores open, save jobs
The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores and operate under the Big Lots brand.
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Big Lots saves 200-400 stores in deal with Roses, Maxway parent company
Bankrupt retailer Big Lots said Friday it struck an 11th-hour deal to save hundreds of its stores via a sale to Gordon ...
Big Lots Strikes Deal to Save Stores, Stop Brand From Closing
Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of the business fell apart, saving ...
Big Lots says it found a buyer that will keep some stores open
Days after announcing plans for liquidation sales at its U.S. stores, the discount retailer said it reached a deal that will ...