The beauty retailer named a new CEO while Big Lots closed on a sale agreement that will enable it to keep hundreds of stores ...

Consumers took on an average debt of $1,181 this holiday season, up from $1,028 in 2023, with the vast majority of shoppers using credit cards (65%), store cards (24%) and buy now, pay later ...

A lawyer for Serta Simmons said that Big Lots had racked up $250 million in debt even after it realized it didn’t have the funds to pay for new orders. While the deal is underway for now ...

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 ...

Despite announcing nationwide going out of business sales right before Christmas, Big Lots has reached a deal to keep hundreds of its stores open. The retailer announced a transaction with Boston ...

Big Lots, which is in the middle of a Chapter 11 bankruptcy reorganization, said in a press release that the deal sets up the transfer of its assets – stores, distribution centers and ...

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 ...

Big Lots lined up a backup deal just after the Christmas holiday, saying it intended to ... allowed to take Big Lots' assets if it could not pay the company's vendors. Beth Rogers, an attorney ...

Discount retailer Big ... may pay up to $495 million on the deal to cover debt payoffs, administrative and winddown costs and escrow funds as part of the asset purchase agreement. Big Lots filed ...

The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and distribution centers open. Big Lots said Friday it ...

Some Big Lots stores, and jobs, will be saved. Is your store closing? On Friday, Dec. 27, the chain announced that 200 to 400 stores will be sold to Gordon Brother Retail Partners LLC. Big Lots ...