Below is a list of stores Big Lots had already set for closure, confirmed in July or August this year. In a press release Monday, Big Lots President and CEO Bruce Thorn said that while “the ...
Big Lots is closing more of its stores as it navigates bankruptcy, and one Massachusetts location is part of the latest wave. According to a bankruptcy court filing submitted last week ...
Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy.As part of its Chapter 11 filing, the retailer ...
Below is a list of stores Big Lots had already set for closure, confirmed in July or August this year. As of Monday, a ...
Specifically, Big Lots has begun the process for Chapter 11 bankruptcy and the vast majority of its stores and operations are set to be acquired near the end of the year by Nexus Capital ...
Big Lots, which sells furniture, home decor and other items, said in a statement on Monday that high inflation and interest rates have hurt its business as consumers have pulled back on their home ...
More Big Lots closures are on the way. On Monday, the discount retailer announced it plans to close more stores under new leadership, an affiliate of Nexus Capital Management LP. Back in July ...
Big Lots has entered into a sale agreement with Nexus Capital Management LP in a “Stalking Horse Bid.” This bid is the initial bid on the company which sets the baseline against other buyers ...