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“The Company is preparing to commence going out of business (GOB) sales at all remaining Big Lots store locations in the coming days to protect the value of its estate,” Big Lots said in the ...
Discount chain Big Lots is conducting going-out-of-business sales at its remaining locations after a sale of the company didn't materialize. The Columbus, Ohio-based retailer, which sells ...
Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through.. The company previously announced it was selling “substantially all” of its ...
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.
That hope was dashed by December, however, when the sale failed to go through. Founded in 1967, Big Lots began in Columbus, Ohio selling a variety of retail products from furniture and electronics ...
Update: Big Lots says it reached a deal in late December to keep hundreds of U.S. stores open. Big Lots is preparing to close all of its stores, the bankrupt discount retailer said Thursday. The ...
Big Lots, which this week announced going-out-of-business sales at all its locations, also plans to permanently lay off up to 555 employees from its Columbus corporate headquarters.
Bob’s Stores and 99 Cents Only Stores also went out of business earlier this year. Shares of Big Lots are down nearly 90% for the year. Correction: An earlier version of this story incorrectly ...
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