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.
Not all Big Lots stores will close: Deal with Gordon Brothers keeps up to 400 open
In 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 Finds Buyer To Save Brand, Hundreds Of Stores
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon Brothers Retail Partners just before the end of 2024. The transaction would also include the sale of between 200 and 400 stores to Variety Wholesalers, Big Lots announced Dec. 27.
Big Lots Reaches Deal With Gordon Brothers to Keep Hundreds of Stores Open
The discount retailer had filed for bankruptcy in September.
Big Lots strikes deal with Gordon Brothers 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 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.
Big Lots reaches deal to keep up to 400 stores open. Here's what Arizona shoppers must know
Big Lots has reached a deal with a North Carolina-based company that could keep hundreds of stores open. Here's what Arizona shoppers should know.
Discount retailer Big Lots might remain open in Wisconsin despite bankruptcy. Here's how
Months after discount retailer Big Lots filed bankruptcy, the chain has reached a deal to keep hundreds of stores open.
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Big Lots is acquired out of bankruptcy court
Big Lots will live to fight another day. The beleaguered off-price retail chain looks like it will come back from the scrap ...
Gordon Brothers And Variety Wholesalers Step In To Save Some Big Lots Stores
Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores ...
Big Lots wins approval of rescue deal after creditor backlash
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite ...
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Big Lots will keep some stores open after all. Which locations will be affected?
Despite announcing nationwide going out of business sales right before Christmas, Big Lots has reached a deal to keep ...
Big Lots just received a last-minute lifeline
The company said the agreement could preserve thousands of jobs at stores and distribution centers and certain corporate ...
Ticker: Big Lots makes deal to stay open; FDA wants better cosmetics testing
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds ...