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.
Not all Big Lots stores will close: Deal with Gordon Brothers keeps up to 400 open
In a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.
Big Lots Strikes Deal to Save Hundreds of Jobs After Bankruptcy
Discount retailer Big Lots has secured a deal with Gordon Brothers Retail Partners to rescue hundreds of its stores and safeguard thousands of jobs following its Chapter 11 bankruptcy filing in September.
Gordon Brothers And Variety Wholesalers Step In To Save Some Big Lots Stores
Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.
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.
Big Lots Reaches Deal With Gordon Brothers to Keep Hundreds of Stores Open
The discount retailer had filed for bankruptcy in September.
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.
Big Lots strikes deal with Gordon Brothers 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.
Big Lots reaches deal to keep hundreds of US stores open
Big Lots said it’s being sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies.
BIG LOTS CLOSES SALE TO GORDON BROTHERS RETAIL PARTNERS
Big Lots, Inc. (the "Company") today announced that it has successfully closed its previously announced sale agreement with ...
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Big Lots Stock Rises After Regulatory Nod On Keeping Stores Open: Retail's Neutral
Retailer Big Lots Inc. ($BIGGQ) stock rose on Tuesday after the company received an approval from a Delaware bankruptcy court ...
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.
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Big Lots agrees to sale transaction with Gordon Brothers Retail Partners
Retail chain company Big Lots has announced a sale transaction with Gordon Brothers Retail Partners that will see the ...