DENVER — The new owner of Big Lots is selling more than 500 locations. Boston retail investment firm Gordon Brothers, which acquired the struggling Ohio-based retailer this month, has listed more than ...
So far this year, closures continue to climb. Retailers have already announced 1,925 store closures so far in 2025 — and that was only as of Jan. 10.
As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are on list of those for sale.
The CEO and president of Big Lots in December said the company remained "hopeful" about keeping some stores open.
The Columbus, Ohio-based retailer announced this month it closed a previously announced sale agreement with Gordon Brothers ...
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were not being paid in the Gordon Brothers deal and objected to the sale. A lawyer for Serta Simmons said that Big Lots had racked up $250 million in debt even after it realized it didn’t have ...
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 ...
"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots that reflects the tireless work and collective effort of our ...
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 ...