Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.
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 receives lifeline to spare hundreds of stores
Discount retail chain Big Lots received a last-minute lifeline Friday as it successfully closed a sale agreement with Gordon Brothers Retail Partners LLC that is expected to spare hundreds of
Big Lots Reaches Deal With Gordon Brothers to Keep Hundreds of Stores Open
The discount retailer had filed for bankruptcy in September.
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 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 Finds Buyer To Save Brand, Hundreds Of Stores
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon Brothers Retail Partners just before the end of 2024. The transaction would also include the sale of between 200 and 400 stores to Variety Wholesalers, Big Lots announced Dec. 27.
Big Lots agrees to transaction with Gordon Brothers, Variety Wholesalers
Big Lots (OTC:BIGGQ) has agreed to a transaction with Gordon Brothers Retail Partners that will facilitate the transfer of a majority of Big Lots' assets to Variety Wholesalers and other parties. Variety Wholesalers,
Big Lots secures deal to save hundreds of stores. What we know now
Hosted on MSN2d
Big Lots is acquired out of bankruptcy court
After filing for bankruptcy and nearing liquidation, Big Lots has entered into a last-minute deal to be acquired by ...
Gordon Brothers to buy bankrupt Big Lots for up to $495M
The deal for the bankrupt retailer will facilitate the transfer of stores and the Big Lots brand to Variety Wholesalers.
Big Lots wins approval of rescue deal after creditor backlash
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite ...
Discount retailer Big Lots might remain open in Wisconsin despite bankruptcy. Here's how
Months after discount retailer Big Lots filed bankruptcy, the chain has reached a deal to keep hundreds of stores open.
fingerlakes16d
Big Lots comes up with plan to avert mass closures: What local stores will survive?
Gordon Brothers will transfer Big Lots’ assets to other retailers, with Variety Wholesalers set to acquire 200–400 stores and ...