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Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCsA bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new ...
"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for ...
The deal for the bankrupt retailer will facilitate the transfer of stores and the Big Lots brand to Variety Wholesalers.
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds ...
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon ...
Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and ...
CEO Bruce Thorn said the closures could be reversed if a company sale is completed. “We all have worked extremely hard and have taken every step to complete a going concern sale. While we remain ...
A retail giant has stepped up to purchase Big Lots' stores, distribution centers and other assets, and keep up to 400 stores ...
After previous sale plan falls through, discount retailer strikes new arrangement with Gordon Brothers and Variety ...
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new ...
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