Big Lots officials say the goal is to complete a sale to Nexus or another party by early January, with CEO Bruce Thorn ...
Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks Make smarter investments with weekly ... Big Lots, Inc. announced a strategic sale ...
“This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand ... up for the weekly Chicago ...
Following a failed deal to sell itself to Nexus Capital Management, Big Lots announced store closures and initiated going-out-of-business sales in a move the company said would help protect the ...
National retailer Big Lots, which is based in Columbus, Ohio, announced this week that it has found a buyer that will keep at least 200 stores open, while also possibly keeping some staff intact.
Jeff King, vice president for sales and marketing for Variety Wholesalers, said the company still is analyzing which properties it should acquire.
It is not clear what this might mean for the four St. Louis-area Big Lots stores that were part of the closures. “This sale agreement and transfer present the strongest opportunity to preserve ...
“The strategic sale to Gordon Brothers and transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots,” said Bruce Thorn, Big Lots’ president and chief executive ...