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Not all Big Lots stores are closing
Not all Big Lots stores are closing after all. Deal will save as many as 400 locations
Because of a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.
Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
Big Lots reaches deal with Gordon Brothers to keep up to 400 stores open
The discount chain said on Friday that it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies. Gordon Brothers will then transfer Big Lots’ stores, distribution centers and intellectual properties to other retailers, Big Lots said in a news release.
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 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 Columbus-based chain from closing down entirely.
Vestal Big Lots is closing, despite sale to keep hundreds of stores across the U.S. open
Big Lots has recently reached a deal to keep hundreds of its locations open. However, the Vestal location is not one of them.
Big Lots announces deal to keep hundreds of its stores open
After previous sale plan falls through, discount retailer strikes new arrangement with Gordon Brothers and Variety Wholesalers.
12d
on MSN
Is Big Lots going out of business? Ohio-based retailer's bankruptcy sale falls through
The Columbus-based retailer is starting going out of business sales as the company's acquisition out of bankruptcy has fallen ...
Hosted on MSN
1d
Big Lots Agrees to Sale Deal, Securing Brand and Jobs Amid Restructuring
Big Lots, Inc. has entered into a strategic sale agreement with Gordon Brothers Retail Partners, LLC, paving the way for the ...
2d
Some Big Lots stores will remain open if bankruptcy court approves deal with new buyer
Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.
12d
on MSN
Columbus-based Big Lots fails to find buyer, plans to shut down remaining stores
Big Lots, the Columbus-based discounter, plans to close all remaining stores and go out of business by early January, ending ...
NBC4 Columbus on MSN
8d
Big Lots to layoff 555 Columbus workers as ‘going out of business’ sales begin
COLUMBUS
, Ohio (WCMH) —
Big
Lots
is commencing a mass layoff of 555 Franklin County workers after a deal collapsed that ...
WCMH Columbus on MSN
3d
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 ...
2d
on MSN
Big Lots agrees to sale transaction to preserve brand, stores, and jobs
Big Lots announced on Saturday it has agreed to a sale transaction which will enable the transfer of its assets to other ...
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