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Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through. Big Lots will soon start ‘going out of business’ sales at its remaining ...
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, the discount chain that filed for bankruptcy in September, said Friday that it agreed to a sale transaction with an investment firm, allowing hundreds of stores to stay open by ...
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 ...
Big Lots struggles come amid a challenging retail environment leading to The Container Store filing for bankruptcy protection less than a week ago and Party City also going out of business and ...
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.
At the time, Big Lots planned to sell its assets and ongoing business operations to private equity firm Nexus Capital Management. But on Dec. 20, Big Lots said the deal with Nexus didn't ...
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.