COLUMBUS, Ohio – Big Lots announced the completion of its purchase of Liquidation World Inc., representing the first expansion of its retail operations outside the U.S. Big Lots invested $20 million ...
Closeout retailer Liquidation World Inc., plagued by mounting losses and a breach of its borrowing terms, seems to have had little choice but to sell itself for a near-liquidation price of 6 cents per ...
Big Lots has been looking at ways to cut its expenses. Big Lots Inc.’s efforts to stay in business are beginning to unravel, putting the discount retailer that employs more than 27,000 people at risk ...
CHERRY HILL, NJ — Big Lots is preparing liquidation sales at all stores, including Cherry Hill's, after the discount retailer's efforts to find a buyer collapsed. The bankrupt company announced ...
On September 9, 2024, Big Lots, Inc. filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court in Delaware. At the time, Big Lots had entered into an asset purchase agreement ...
Big Lots does not expect to complete a planned sale of its business to private equity firm Nexus Capital Management LP, putting the discount retailer that employs more than 27,000 people at risk of ...
Columbus-based Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital Management LP and will commence the sale of its stores in coming days to protect ...
Discount retailer Big Lots is poised to close all of its remaining Connecticut stores after the company’s bankruptcy restructuring plans collapsed, according to the company. “The company is preparing ...
LOUISVILLE, Ky. (WDRB) -- Big Lots is closing 350 stores around the country and the liquidation sales are underway. Are the sales worth checking out? Some shoppers saw great sales, while others came ...