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.
But last month, Big Lots revealed the deal had fallen apart. The discount retailer initiated “going-out-of-business” sales at ...
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting-down despite ...
Discount retailer Big Lots has reached a deal with a new buyer to transfer several hundred stores — plus distribution centers and intellectual property — to other retailers and companies. However, it ...
Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ ...
Modell, 70, said he was at President-elect Donald Trump’s Mar-a-Lago resort on Dec. 19 when he got the idea to buy the legacy ...
A retail giant has stepped up to purchase Big Lots' stores, distribution centers and other assets, and keep up to 400 stores ...
Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores ...
Big Lots says it reached a deal with Gordon Brothers Retail Partners that would preserve 200 to 400 stores across the US.
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