Their year-round budget-friendly prices have made a name for themselves, just like the much-anticipated patio furniture ...

Big Lots told the SEC it planned to close 35 to 40 stores, which quickly grew to hundreds. Additional store closures are expected "as part of the court-supervised sale process." The retailer ...

Store closures for the store form part of a sale agreement with an affiliate of Nexus Capital Management LP, according to a news release from Big Lots. The company also has filed motions in court ...

As part of the court-supervised sale process, the company is continuing to assess its operational footprint, which will include closing additional store locations. Big Lots will also continue to ...

The closures are part of a sale agreement with an affiliate of Nexus Capital Management LP, Big Lots announced in a news release Monday. The company has initiated Chapter 11 proceedings in the U.S ...

CEO Bruce Thorn said the sale will help stabilize Big Lots, giving it a fresh start under new ownership. The company’s financial struggles have worsened due to inflation and customers cutting ...

Ohio-based US discount retail chain Big Lots has signed an agreement with an affiliate of Nexus Capital Management under ...

Big Lots Inc. said early Monday it has agreed to ... Under the terms of the sale agreement. Nexus will act as “stalking horse bidder” in a court-supervised auction process, meaning other ...

In a statement, Big Lots said filing for voluntary bankruptcy in the District of Delaware was necessary to facilitate the sale of the company and its subsidiaries. Big Lots said it will be closing ...

Big Lots (NYSE:BIG), which said Friday it would delay the release of Q2 results until September 12, is reportedly preparing to file for bankruptcy as soon as Sunday and is planning to sell stores ...

Discount retailer Big Lots Inc. has filed for bankruptcy protection and plans to sell the company's assets and ongoing business in a court-supervised process. The Columbus, Ohio-based company said ...

Big Lots, along with its subsidiaries, has voluntarily initiated Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware to facilitate the sale process. The company aims to ...