After filing for bankruptcy in September, Big Lots revealed it owed $3.1 billion to between 5,000 and 10,000 creditors in court documents. The furniture chain was also suffering from a sales drop ...
Just a week after Gordon Brothers Retail Partner LLC completed the purchase of Columbus-based Big Lots Inc., it has listed almost 500 store leases for sale nationwide. The new-to-market stores are ...
Big Lots’ new owner is selling the leases for nearly 500 stores in 47 states, including 15 locations between Pasco and Collier counties and east to Lakeland. The new owner, Gordon Bros., a Boston ...
COLUMBUS, Ohio (WCMH) — Big Lots is under new ownership after a last-minute sale went through that will seemingly keep hundreds of stores in operation and prevent thousands of layoffs. The Columbus, ...
Big Lots customers and employees who have been wondering which locations may stay open after the bankrupt retailer was sold to a restructuring firm might have to wait until spring. But new clues ...
COLUMBUS, Ohio, Jan. 3, 2025 /PRNewswire/ -- Big Lots, Inc. (the "Company") today announced that it has successfully closed its previously announced sale agreement with Gordon Brothers Retail ...
Up to a half of Big Lots stores will be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets. The close-out retailer, which filed ...
Nearly 500 workers at a Big Lots distribution center in Montgomery will lose their jobs next week as a result of the chain’s nationwide closures, according to the Alabama Department of Commerce.
Almost 500 Big Lots employees in Montgomery will be out of a job by mid-January. A recent WARN notice — postings which are required by federal law to notify workers before mass layoffs ...
which features a less furniture-centric assortment than Big Lots. For Big Lots, this last-minute rescue adds another twist to its roller-coaster story. The company filed for bankruptcy in ...
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 ...
Information on whether the Farmington Big Lots will remain open was not known Monday morning, Dec. 30. FARMINGTON — The future of the Big Lots store in the Mt. Blue Plaza in Farmington was not ...