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 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 Prepares to Close All 963 Stores
More than 300 Big Lots stores closed this year, and the discount retailer is preparing to close the remaining 963. The company says it is preparing to hold "going out of business" sale at its surviving locations after a deal to sell its assets to private equity firm Nexus Capital Management didn't work out,
Big Lots strikes deal to save hundreds of stores, thousands of jobs
An announcement Friday comes after Big Lots filed for bankruptcy in September and the fall-through of a previous merger plan.
Hundreds of Big Lots stores to remain open after deal reached with investment firm
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and distribution centers open.
Slated for closure, agreement reached to keep hundreds of Big Lots locations open
The company was in the process of launching "going out of business" sales at all of its locations after a possible deal to sell the company to Nexus Capital Management fell through. Big Lots has already closed hundreds of locations this year.
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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 ...
Big Lots Announces ‘Going Out Of Business Sale’ As Nexus Acquisition Falls Through
Big Lots is putting everything in its 900 stores on sale with plans to close the business in early 2025 unless a buyer is ...
Los Angeles Daily News9d
Big Lots liquidation looms after plan to sell to Nexus Capital falls apart
Big Lots does not expect to complete a planned sale of its business to private equity firm Nexus Capital Management LP, ...
Big Lots sale to Nexus falls apart, raising likelihood business will close
The discount chain that employs more than 27,000 people said in a statement Thursday it continues to look for another way to ...
Big Lots deal falls apart, 'going out of business' sales planned at all locations
Big Lots, which is in the middle of a Chapter 11 bankruptcy reorganization, is preparing going out of business sales at all ...
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With Nexus deal in doubt, Big Lots prepares going out of business sales
The Top 100 retailer will continue to work toward completing an alternative going concern transaction with Nexus or another ...
Big Lots Sale to Nexus Falls Apart, Plans to Close Business (1)
Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital ...