Big Lots gets green light for last-minute sale of 200 to 400 stores
Home goods chain Big Lots got a reprieve to keep hundreds of stores open after a bankruptcy judge approved a last-minute sale to new owners, according to a report. US Bankruptcy Judge Kate Stickles gave the go-ahead for the sale of 200 to 400 stores at a court hearing Tuesday in Wilmington,
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 sale could save hundreds of stores. Will Whiteville’s be one of them?
A week after Big Lots announced going out of business sales, the company says that a newly negotiated deal will allow hundreds of its locations to remain open. However, as
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.
Bankrupt Big Lots will keep hundreds of stores open under new sale transaction
Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic sale transaction with a Boston asset management firm.
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 year.
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 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.
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 ...
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.
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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 ...
Big Lots to lay off 555 workers at its corporate office as it prepares to shut down
Big Lots is laying off 555 workers at its corporate headquarters following the collapse of its deal to be acquired out of ...
Big Lots plans to close all stores: See full list of locations around the US
Big Lots is preparing to close all of its locations following months of store closures and a September filing for Chapter 11 ...