Shoppers are racing to Big Lots - as it launches ... down - and are holding clearance sales with 30 to 50 percent off. It can means hundreds of dollars off sofas, patio furniture and grills.
Chris Shannon stopped by a Cincinnati store on Beechmont Avenue that just started its closing sale. "It seems OK ... However, these Big Lots clearance deals are not available online, as the ...
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 ...
Big Lots, which sells furniture, home decor and other items ... but that its board determined during a strategic review that the proposed sale to Nexus was the right move for the business.
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...