“This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ...
Big Lots President and Chief Executive Officer Bruce Thorn spoke on the significance of the sale saying that the "sale ...
Big Lots has struck a deal to save some stores from closing and keep the brand name alive.
A struggling discount retailer has secured a last-minute rescue deal that could save hundreds of stores and thousands of jobs ...
Big Lots said Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and ...
Days after announcing plans for liquidation sales at its U.S. stores, the discount retailer said it reached a deal that will ...
It was another tough year for restaurants and traditional brick-and-mortar retailers. Several national chains announced closures and bankruptcies in 2024 – not to mention the local small ...
Discount retailer Big Lots has announced that it will be closing all of its remaining stores after a deal with its buyer fell ...
After a plan to sell to a private equity firm failed, president and CEO Bruce Thorn said in an email sent to employees that ...
“We all have worked extremely hard and have taken every step to complete a going concern sale," CEO Bruce Thorn said in the recent release. "While we remain hopeful that we can close an alternative ...