Big Lots Closes Deal to Keep Hundreds of Stores Open—What You Need to Know
The fate of beloved discount retailer Big Lots has been up in the air for some time now. The chain first started closing locations in late 2022, then filed for Chapter 11 Bankruptcy in Sept. 2024. Things were looking up when a deal with Nexus Capital was on the table,
Big Lots Closing All But a Few Hundred Stores
There’s good news for Big Lots fans, though, because it was just announced that many stores are indeed sticking around.
Not all Big Lots stores are closing after all. Deal will save as many as 400 locations
Because of a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.
Latest: Not ALL Big Lots Locations Will Now Close
The latest Big Lots development indicates that not ALL stores will close, and that a transaction sale will save between 200-400 locations, and many employees.
Not all Big Lots stores will close after all: NC-based company acquires some locations
Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ current Big Lots employees.
When will the Athens Big Lots close? What to know about the discount retailer
Big Lots reached a deal recently to sell off many of its stores, keeping hundreds open across the country. The Athens location was not one of them.
Big Lots closing Newburgh store amid deal to keep hundreds of U.S. locations open
Located at 39 North Plank Road, the Big Lots store in Newburgh is having a sale before it closes soon as the company tries to keep some stores open.
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 Retail Partners, LLC ("Gordon Brothers") that will enable Variety Wholesalers,
Big Lots closing locations update: Which stores might stay open after retailer reaches deal?
After announcing that it would shutter all of its stores and hold going-out-of-business sales, the ill-fated retailer now says it may have a critical lifeline. In yet another twist for the ill-fated ...
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Big Lots, Party City stores are shutting down; are store-closing sales worth it?
Big Lots, Party City, and many smaller stores are shutting down this new year. Most of them are now running store-closing ...
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Big Lots no longer closing all locations
Big Lots has announced that not all store locations are closing.
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Party City, Big Lots closing all locations; area stores holding liquidation sales
Two national retailers, Big Lots and Party City, are closing all of their stores, creating liquidation sales at locations in ...
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Is Big Lots closing? What to know as company announces 'going out of business' sales
After months of store closures and filing for Chapter 11 bankruptcy protection, Big Lots is preparing to close all of its locations, according to a press release issued by the company on ...
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Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
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Potential replacements for Big Lots have already reached out to mall owners
The Mifflin County Commons has certainly gone through some changes since it opened in 1991. But its owners say it’s set up ...
Alabama Big Lots distribution center laying off nearly 500 workers as chain closes
The discount retailer announced last month that an anticipated merger with private equity firm Nexus Capital Management had fallen through.