Big Lots reaches deal to save brand and keep hundreds of stores open
Big Lots will no longer be closing all remaining stores after agreeing to a sale this week. The national retailer announced Friday, Dec. 27 it struck a deal that will save hundreds of stores, thousands of jobs and keep the brand alive.
Not all Big Lots stores will close: Deal with Gordon Brothers keeps up to 400 open
In a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.
Slated for closure, agreement reached to keep hundreds of Big Lots locations open
Despite Big Lots dissolving amid Chapter 11 bankruptcy proceedings, the company announced late Friday that it has agreed to a sale with Gordon Brothers Retail Partners, LLC that would involve keeping hundreds of stores open, if the deal is approved by a judge.
Big Lots strikes deal to save some stores from closing, keep brand alive
Big Lots has struck a deal to save some stores from closing and keep the brand name alive.
Big Lots may save up to 400 stores with last-minute sale to Variety Wholesalers
After announcing all Big Lots stores will close just a week ago, the company now says 200 to 400 locations may be saved thanks to a last minute sale. Some of these Big Lots locations could now be run by Variety Wholesalers,
Local Big Lots store preparing for closure amid deal to keep some stores open
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 transferring its property to other retailers and companies.
Big Lot makes 11th hour deal that could keep hundreds of stores from closing
Hundreds of Big Lot Stores could remain open after an agreement was made to sell off its assets. The Columbus based Big Lots says that Variety Wholesalers is looking at buying between 200 and 400 stories and operating them under the “Big Lots” name moving forward.
Big Lots strikes deal to keep hundreds of stores open and save jobs
The discount chain said it agreed to a sale transaction with an investment firm which would allow hundreds of stores to stay open by transferring its property to other retailers and companies.
Big Lots reaches deal to keep hundreds of US stores open
The discount chain Big Lots has reached a deal that will keep hundreds of its stores open. Big Lots said it will be sold to Gordon Brothers Retail Partners, which specializes in distressed companies.
Big Lots reaches deal to keep hundreds of stores open, save jobs
The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores and operate under the Big Lots brand.
Big Lots Reaches Deal With Gordon Brothers to Keep Hundreds of Stores Open
Big Lots, which filed for bankruptcy in September, said that it reached an agreement with Gordon Brothers Retail Partners that would keep hundreds of stores open and save thousands of jobs. The Columbus,
Big Lots to transfer some assets to Variety Wholesalers among others
Big Lots said Friday it has agreed with Gordon Brothers Retail Partners to sell stores, distribution centers and intellectual ...
Big Lots says it found a buyer that will keep some stores open
Days after announcing plans for liquidation sales at its U.S. stores, the discount retailer said it reached a deal that will ...