big lots columbus news

Not all Big Lots stores are closing after all. Deal will save as many as 400 locations

Because of a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.

The Business Journals · 8d

Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores

Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.

New York Post on MSN · 9d

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.

WPXI · 6d

Big Lots reaches deal with Gordon Brothers to keep up to 400 stores open

The discount chain said on Friday that it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies. Gordon Brothers will then transfer Big Lots’ stores, distribution centers and intellectual properties to other retailers, Big Lots said in a news release.

Forbes · 2d

Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal

Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.

Democrat and Chronicle (Roches… · 3d

Big Lots secures deal to save hundreds of stores. What we know now

2hon MSN

Columbus-area public companies' wild 2024, from being delisted to 600% growth

Wall Street's 2024 boom landed with a whimper in Columbus, where most of the area's 30 publicly traded companies endured a ...

WCMH Columbus on MSN1h

List: Companies with Ohio ties that filed for bankruptcy in 2024

From clothing chains to restaurants and furniture stores, dozens of companies went bankrupt in 2024, with multiple filings ...

Sourcing Journal on MSN2d

Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs

A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.

The Times of Northwest Indiana2d

Big Lots to sell as many as half its stores out of bankruptcy, but fate of Region stores unknown

The bankrupt retailer Big Lots reached a deal that could save as many as half its stores. Columbus, Ohio-based Big Lots got bankruptcy court approval to sell 200 to 400 stores to Gordon Brothers ...

4don MSN

Big Lots gets green light for last-minute sale of 200 to 400 stores

Home goods chain Big Lots got a reprieve to keep hundreds of stores open after a bankruptcy judge approved a last-minute sale ...

Some Big Lots stores will remain open if bankruptcy court approves deal with new buyer

Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.

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