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Deal with Gordon Brothers keeps up to 400 open
Big Lots reaches deal to keep hundreds of stores open
Variety Wholesalers Inc., which owns more than 400 discount stores in the U.S. Southeast and Mid-Atlantic regions, plans to acquire between 200 and 400 Big Lots stores and operate them under the Big Lots brand. Variety Wholesalers will also acquire up to two distribution centers.
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.
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 along with the jobs of the stores' employees.
16m
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 ...
recordnet on MSN
56m
Not all Big Lots stores will close: Retailer strikes deal to keep up to 400 open
Big
Lots
, which filed for bankruptcy in September, has reached a deal to keep hundreds of its stores open. The retailer on Friday announced a transaction with Boston-based asset liquidation firm ...
fingerlakes1
10h
Big Lots comes up with plan to avert mass closures: What local stores will survive?
Gordon Brothers will transfer Big Lots’ assets to other retailers, with Variety Wholesalers set to acquire 200–400 stores and ...
LAist
5h
Big Lots
Big
Lots
said Friday it will be sold to
Gordon
Brothers
Retail Partners, a firm that specializes in distressed ...
17h
on MSN
Big Lots reaches deal to keep hundreds of U.S. stores open
Big Lots has reached a deal that will keep hundreds of its stores open after filing for bankruptcy protection earlier this ...
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