Big Lots has struck a deal to save some stores from closing and keep the brand name alive.
The deal for the bankrupt retailer will facilitate the transfer of stores and the Big Lots brand to Variety Wholesalers.
A struggling discount retailer has secured a last-minute rescue deal that could save hundreds of stores and thousands of jobs ...
Another one bites the dust. Big Lots, a company with 870 stores and about 30,000 employees, is going out of business after 57 years. Post-pandemic inflation could be a factor in the failure of this ...
Variety Wholesalers is now set to take control of between 200 and 400 Big Lots locations, preserving "thousands of jobs." ...
The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores and operate under the Big Lots brand.
Bankrupt retailer Big Lots said Friday it struck an 11th-hour deal to save hundreds of its stores via a sale to Gordon ...
The discount retailer had filed for bankruptcy in September.
Days after announcing plans for liquidation sales at its U.S. stores, the discount retailer said it reached a deal that will ...
In ‘a very difficult business,’ retail store closings typically signal more about an individual company than the industry ...
The retailer was the third major chain to declare bankruptcy last week, joining Woodcliff Lake-based Party City as well as ...
Locally based retailer American Freight announced additional layoffs at its Central Ohio headquarters in a WARN notice filed ...