Discount store Big Lots is expected to close more stores across the country after a deal made with the company’s new owner.
If the sale gets approved by a bankruptcy ... filing for Chapter 11 bankruptcy protection in September. Big Lots, which mostly sells furniture, home decor and some other items, previously said ...
Columbus, Ohio-based Big Lots announced Friday it has agreed to a sale with Gordon Brothers Retail ... often the anchor store in low-end strip malls, sells furniture, lawn and garden, apparel ...
“This sale agreement and transfer present the ... The deal has to be approved by the bankruptcy court. Big Lots sells furniture, home decor and other items. It has said inflation and high ...
The company said in a news release that it signed a sale agreement with Gordon Brothers Retail Partners, a Boston investment firm that helps businesses liquidate or restructure, to save some Big Lots ...
"Having established a strong working partnership with Big Lots, we executed seamlessly with all parties to provide the company and its stakeholders a holistic, solutions-oriented sale and avoid a ...
"The strategic sale to Gordon Brothers ... is known for selling home goods, furniture, seasonal decorations and other products. In the second quarter, Big Lots generated $1.05 billion in net ...