Big Lots doesn't expect to close a deal to sell itself to Nexus Capital Management, but it's not officially going out of ...
Big Lots says it reached a deal with Gordon Brothers Retail Partners that would preserve 200 to 400 stores across the US.
Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business. The Columbus, ...
Big Lots has secured $550 million in debtor-in-possession financing and up to an additional $157.5 million in new term loans days after entering bankruptcy with a debt load of $556.1 million. “With ...
(NEXSTAR) — It’s been five months since Big Lots announced it was preparing to close all of its stores, after closing hundreds of others following its bankruptcy filing. Since then, more than 100 Big ...
Big Lots is planning to reopen 132 more stores in May as the bankrupt discount retailer works to rebuild its brand under new ownership. After filing for bankruptcy in September of last year and moving ...
Over the last year, Big Lots’ financial performance and some operational decisions signaled to analysts and industry observers that the discount retailer might be in trouble. The company said in a ...
In yet another twist for the ill-fated discount retailer Big Lots, hundreds of locations that had been marked for closure may end up staying open after all. Earlier this month, the company announced ...
The bankrupt Big Lots home goods closeout retailer just announced its planned sale to Nexus Capital Management has hit the skids so it will begin going-out-of-business sales (GOB) at its remaining 900 ...
Big Lots customers and employees who have been wondering which locations may stay open after the bankrupt retailer was sold to a restructuring firm might have to wait until spring. But new clues have ...
(NEXSTAR) – After filing for Chapter 11 bankruptcy protection and closing hundreds of stores, Big Lots is preparing to close all of its locations, the company confirmed on Thursday. In a press release ...
Big Lots is coming back in a big way this week. After announcing that store openings would come in waves in 2025, 60 stores are set to reopen across a dozen states on Thursday, May 1 − less than a ...