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Big Lots, Gordon Brothers
Big Lots Reaches Deal With Gordon Brothers to Keep Hundreds of Stores Open
Big Lots, which filed for bankruptcy in September, said that it reached an agreement with Gordon Brothers Retail Partners that would keep hundreds of stores open and save thousands of jobs. The Columbus,
Gordon Brothers to buy bankrupt Big Lots for up to $495M
The deal for the bankrupt retailer will facilitate the transfer of stores and the Big Lots brand to Variety Wholesalers.
Big Lots Agrees To Asset Sale With Gordon Brothers And Variety Wholesalers
Big Lots Inc. announced a sale transaction with Gordon Brothers Retail Partners, LLC, facilitating the transfer of its assets,
Big Lots Strikes Deal to Save Stores, Stop Brand From Closing
Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of the business fell apart, saving the chain from closing down entirely.
Big Lots to sell hundreds of stores, saving thousands of jobs
Days after going out of business sales began, they may not have been necessary as Big Lots announced Friday they have found another buyer. The Columbus-based retailer said they have
Deal could keep hundreds of Big Lots stores open
In a news release Friday, Big Lots said the agreement will allow the transfer of assets to other retailers and companies. Variety Wholesalers plans to buy between 200 and 400 of the stores and up to two distribution centers in the future.
Big Lots averts full liquidation, strikes deal to save 200-400 stores
Bankrupt retailer Big Lots said Friday it struck an 11th-hour deal to save hundreds of its stores via a sale to Gordon Brothers and Variety Wholesalers. Why it matters: The Columbus, Ohio-based company had about 27,700 employees and more than 1,300 stores in 48 states when it filed for Chapter 11 bankruptcy protection in September.
Big Lots Strategic Asset Sale and Brand Continuity
Big Lots ( (BIGGQ) ) just unveiled an announcement.
Big Lots reaches deal to keep hundreds of stores open, save jobs
The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores and operate under the Big Lots brand.
16h
on MSN
Big Lots says it found a buyer that will keep some stores open
Days after announcing plans for liquidation sales at its U.S. stores, the discount retailer said it reached a deal that will ...
18h
BIG LOTS AGREES TO STRATEGIC TRANSACTION TO FACILITATE PRESERVATION OF BRAND, HUNDREDS OF STORES AND THOUSANDS OF JOBS
Big Lots, Inc. (the "Company") today announced that it has agreed to a sale transaction with Gordon Brothers Retail Partners, ...
1h
on MSN
Big Lots strikes deal to save some stores from closing, keep brand alive
Big Lots has struck a deal to save some stores from closing and keep the brand name alive.
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