Big Lots is under new ownership after a last-minute sale went through that will keep hundreds of stores in operation and prevent thousands of layoffs.

Big Lots is under new ownership after a last-minute sale went through that will seemingly keep hundreds of stores in ...

Months after discount retailer Big Lots filed bankruptcy in late 2024, the chain has reached a deal to keep hundreds of stores open, it announced in a Dec. 27 news release. In a transaction with ...

Inc. Big Lots had previously been in talks for a sale to Nexus Capital Management, but it fell through. Prior to that, it had been closing some stores around the country as it underwent bankruptcy ...

In addition to winter clearance items, there are a couple of new categories that will be on sale. "Every year we see ... Jr. holiday on Jan. 20 is not a big retail sales event.

The transaction would also include the sale of between 200 and 400 stores to Variety Wholesalers, Big Lots announced Dec. 27. The deal comes three months after Big Lots filed for Chapter 11 ...

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 ...

Judge J. Kate Stickles said late Tuesday she’d approve a sale of the retailer to Gordon Brothers Retail Partners, which intends to transfer between 200 and 400 Big Lots stores to Variety ...

The company may also acquire up to two distribution centers and retain the right to employ Big Lots retail and corporate employees. “This sale agreement and transfer present the strongest ...

“This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand,” Big Lots President and CEO ...

"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots that reflects the tireless work and collective effort of ...