Big Lots is under new ownership after a last-minute sale went through that will keep hundreds of stores in operation and prevent thousands of layoffs. The ...
A buyer is saving hundreds of Big Lots stores around the country from bankruptcy, but Big Lots' Northwest Indiana stores are ...
Gordon Brothers supported the transaction by helping Big Lots secure a $200 million delayed draw term loan and a $150 million ...
The company said in a news release that it signed a sale agreement with Gordon Brothers Retail Partners, a Boston investment ...
After filing for bankruptcy last year, Big Lots had only planned to close just a few hundred out of the fourteen-hundred ...
From clothing chains to restaurants and furniture stores, dozens of companies went bankrupt in 2024, with multiple filings ...
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 ...
Inc. Big Lots had previously been in talks for a sale to Nexus Capital Management, but it fell through. Prior to that, it had been closing some stores around the country as it underwent bankruptcy ...
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 ...
The sale enables the transfer of Big Lots assets, including stores ... The liquidation sales apply to toys, home decor, furniture, and apparel. The new agreement is subject to approval by the ...
“This sale agreement and transfer present the ... Columbus, Ohio-based Big Lots sells furniture, home decor and other items. When it filed for bankruptcy in September, it said inflation and ...