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 ...

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 ...

“This sale agreement and transfer present the ... The deal has to be approved by the bankruptcy court. Big Lots sells furniture, home decor and other items. It has said inflation and high ...

"The strategic sale to Gordon Brothers ... is known for selling home goods, furniture, seasonal decorations and other products. In the second quarter, Big Lots generated $1.05 billion in net ...