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Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business.
A U.S. bankruptcy judge approved the sale, but it’s still “subject to approval by the Bankruptcy Court and other customary closing conditions,” according to Big Lots. And as we’ve seen ...
Big Lots Corporate Headquarters, 4900 E. Dublin Granville Road in Westerville photographed May 12, 2021. The company announced on Monday it is filing for bankruptcy.
Here's the status of the stores with Treasure Coast locations: Big Lots What happened: Big Lots announced it plans to close 35 to 40 stores this year, according to a filing to the U.S. Securities ...
Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor.
Many Big Lots locations have announced closing sales, in some cases up to 20%. But it pays to do your homework before snatching up supposed deals. Some shoppers have reported some savings , but in ...
Major discount chain Big Lots has announced it is filing for Chapter 11 bankruptcy. In a statement shared with PEOPLE, on Monday, Sept. 9, the retailer confirmed it has entered into an agreement ...
Bankruptcy and store closures at Big Lots Back in September, Big Lots filed for Chapter 11 bankruptcy protection weeks after announcing plans to close 340 stores across the United States.