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Big Lots, Gordon Brothers
Gordon Brothers And Variety Wholesalers Step In To Save Some Big Lots Stores
Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.
Big Lots Reaches Deal With Gordon Brothers to Keep Hundreds of Stores Open
The discount retailer had filed for bankruptcy in September.
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.
Big Lots announces deal to keep hundreds of its stores open
After previous sale plan falls through, discount retailer strikes new arrangement with Gordon Brothers and Variety Wholesalers.
Big Lots strikes deal with Gordon Brothers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
Big Lots reaches deal with Gordon Brothers to keep up to 400 stores open
The discount chain said on Friday that it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies. Gordon Brothers will then transfer Big Lots’ stores, distribution centers and intellectual properties to other retailers, Big Lots said in a news release.
Big Lots is saved: Discount chain strikes a deal with firm to keep up to 400 stores open
Big Lots announced plans on Friday, Dec. 20 to close all stores and hold going out of business sales before reaching this deal with Variety Wholesalers
Big Lots strikes deal with Variety Wholesalers that could save some Philly-area stores
Big Lots has a new deal in place that could save 200 of its stores across the country. Will the Philadelphia-area locations set for closure be among them?
1h
Former Modell’s owner wants to save bankrupt retailers Party City, Big Lots: ‘Our goal is to save 33K jobs’
Modell, 70, said he was at President-elect Donald Trump’s Mar-a-Lago resort on Dec. 19 when he got the idea to buy the legacy ...
GlobalData on MSN
11h
Big Lots agrees to sale transaction with Gordon Brothers Retail Partners
Retail chain company Big Lots has announced a sale transaction with Gordon Brothers Retail Partners that will see the ...
3h
Major retailer reverses course, says it will keep hundreds of stores open
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds ...
3h
on MSN
All Big Lots stores may not close after all: Roses parent company to operate Big Lots
Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ ...
news10nbc
2h
Consumer Headlines: Big Lots under new ownership and gas prices see slight decrease
Big Lots fans can breathe a sigh of relief. The popular bargain store, which filed for bankruptcy in September and announced ...
4h
on MSN
Big Lots just received a last-minute lifeline
Big Lots says it reached a deal with Gordon Brothers Retail Partners that would preserve between 200 and 400 stores across ...
8h
on MSN
Some Big Lots Stores To Survive: What PA Shoppers Should Know
Little more than a week after beginning a going out of business sale, Big Lots has reached a deal to keep hundreds of its ...
ViewusGlobal on MSN
11h
Big Lots Faces Bankruptcy – Here’s How It Plans to Survive with a Big Sale
Big Lots files for bankruptcy, agreeing to a sale to Gordon Brothers, preserving jobs and continuing operations at many ...
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