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Up to a half of Big Lots stores will be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets. The close-out retailer, which filed ...
Big Lots, which is in the middle of a Chapter 11 bankruptcy reorganization, said in a press release that the deal sets up the transfer of its assets – stores, distribution centers and ...
Variety Wholesalers Inc., which owns more than 400 discount stores in the Southeast and Mid-Atlantic, plans to acquire between 200 and 400 Big Lots stores and operate them under the Big Lots brand.
"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots that reflects the tireless work and collective effort of our ...
COLUMBUS, Ohio — Big Lots, Inc. has announced an agreement to sell its stores and other assets to Gordon Brothers Retail Partners and Variety Wholesalers, Inc. The deal includes transferring 200 to ...
Variety Wholesalers, based in the Vance County seat of Henderson and the owner Roses, has now agreed to buy hundreds of Big Lots stores — and keep them open, saving “thousands of jobs.” The North ...
Big Lots said on Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including Variety Wholesalers ...
Gordon Brothers Retail Partners has just thrown a lifeline to closeout retailer Big Lots after a previous deal with Nexus Capital Management to acquire the company fell through. Before Gordon ...