Big Lots reaches deal to save brand and keep hundreds of stores open
Big Lots will no longer be closing all remaining stores after agreeing to a sale this week. The national retailer announced Friday, Dec. 27 it struck a deal that will save hundreds of stores, thousands of jobs and keep the brand alive.
Gordon Brothers And Variety Wholesalers Step In To Save Some Big Lot Stores
Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.
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 the chain from closing down entirely.
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 sells assets in last-ditch deal to attempt to save jobs, brand
Big Lots announced a buzzer-beater sale that could save hundreds of stores and thousands of jobs across the country. The Columbus-based retailer announced Friday it
Big Lots may save up to 400 stores with last-minute sale to Variety Wholesalers
After announcing all Big Lots stores will close just a week ago, the company now says 200 to 400 locations may be saved thanks to a last minute sale. Some of these Big Lots locations could now be run by Variety Wholesalers,
Big Lots strikes deal to keep hundreds of stores open and save jobs
The discount chain said it agreed to a sale transaction with an investment firm which would allow hundreds of stores to stay open by transferring its property to other retailers and companies.
Big Lots reaches deal to keep hundreds of US stores open
The discount chain Big Lots has reached a deal that will keep hundreds of its stores open. Big Lots said it will be sold to Gordon Brothers Retail Partners, which specializes in distressed companies.
Big Lots strikes deal to save some stores from closing, keep brand alive
Big Lots has struck a deal to save some stores from closing and keep the brand name alive.
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.
Big Lots Reaches Deal With Gordon Brothers to Keep Hundreds of Stores Open
Big Lots, which filed for bankruptcy in September, said that it reached an agreement with Gordon Brothers Retail Partners that would keep hundreds of stores open and save thousands of jobs. The Columbus,
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 ...
Columbus Dispatch15m
Big Lots to transfer some assets to Variety Wholesalers among others
Big Lots said on Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including Variety Wholesalers, in ...
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 ...
I went to Big Lots. I didn't see a reason to go back, which might explain why the chain is fighting to stay alive
Big Lots cited high interest rates and inflation among the factors that have held back its sales in a statement announcing ...