Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.
Big Lots Finds Buyer To Save Brand, Hundreds Of Stores
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon Brothers Retail Partners just before the end of 2024. The transaction would also include the sale of between 200 and 400 stores to Variety Wholesalers, Big Lots announced Dec. 27.
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.
Big Lots Strikes Deal to Save Hundreds of Jobs After Bankruptcy
Discount retailer Big Lots has secured a deal with Gordon Brothers Retail Partners to rescue hundreds of its stores and safeguard thousands of jobs following its Chapter 11 bankruptcy filing in September.
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 to keep hundreds of US stores open
Big Lots said it’s being sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies.
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Big Lots Stock Rises After Regulatory Nod On Keeping Stores Open: Retail's Neutral
Retailer Big Lots Inc. ($BIGGQ) stock rose on Tuesday after the company received an approval from a Delaware bankruptcy court ...
BIG LOTS CLOSES SALE TO GORDON BROTHERS RETAIL PARTNERS
Big Lots, Inc. (the "Company") today announced that it has successfully closed its previously announced sale agreement with ...
Gordon Brothers to buy bankrupt Big Lots for up to $495M
The deal for the bankrupt retailer will facilitate the transfer of stores and the Big Lots brand to Variety Wholesalers.
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Variety Wholesalers to Acquire 200 to 400 Big Lots Stores
Variety Wholesalers Inc. has announced plans to acquire between 200 and 400 Big Lots stores, in the midst of the retailer’s - Company news, Investment sales, News, North Carolina ...
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Big Lots agrees to sale transaction with Gordon Brothers Retail Partners
Retail chain company Big Lots has announced a sale transaction with Gordon Brothers Retail Partners that will see the ...
Big Lots strikes deal with Gordon Brothers 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 ...