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The Chapter 11 reorganization was converted to Chapter 7 liquidation on February 26, 2009. Some of NWL's assets were acquired out of bankruptcy by NSC Wholesale Holdings Inc., operated by former NWL executives. [1] As of February 2018, NWL operated 12 retail locations in Massachusetts, New Jersey, New York, and Pennsylvania. [2]
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Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers.It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
Big Lots Stores, Inc. (stylized as Big Lots!) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and includes over 900 locations across the United States.
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It also began talks referring to liquidation. [15] On April 4, 2024, 99 Cents Only Stores announced that it would permanently close all of its remaining 371 locations and lay off its 14,000 employees within the coming months, with liquidation sales to be held by Hilco Global. [16] "Going out of business" sales began at all locations on April 5 ...
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