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The retailer on Friday announced a transaction with Boston-based asset liquidation firm Gordon Brothers Retail Partners resulting in the transfer of 200 to 400 Big Lots stores to Variety ...
As part of the new agreement, Gordon Brothers Retail Partners will transfer Big Lots assets, including stores, distribution centers, and intellectual property, to other retailers and companies ...
In December 2022, Gordon Brothers announced that Norma Kuntz would be appointed CEO of the company, effective February 13, 2023. [ 2 ] In May 2023, Gordon Brothers acquired H2 Brands Groups, a national consumer products company with annual sales in excess of $250 million and a portfolio of nationally recognized brands.
On December 7, 2007, CompUSA was sold to Specialty Equity, an affiliate of Gordon Brothers Group. [23] On January 6, 2008, a month after CompUSA was sold to liquidators, Systemax, Inc. (TigerDirect's then-parent company) announced its purchase of 16 CompUSA locations as well as the brand, trademarks, e-commerce business, and technical services.
Liquidation sales began in December 2024, [6] and all stores were expected to close in 2025. [7] On December 28, 2024, Big Lots reached an agreement with Gordon Brothers Retail Partners to transfer 200–400 stores and one or two distribution centers to Variety Wholesalers, with the remaining stores to be permanently closed. [8]
The company has decided to close all American Freight stores nationwide. There are 365 stores in 40 states, so it’s a large brand. Closing sales at all stores and online will begin on Nov. 5.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
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