Big Lots says it reached a deal with Gordon Brothers Retail Partners that would preserve 200 to 400 stores across the US.

Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business. The Columbus, ...

Big Lots has secured $550 million in debtor-in-possession financing and up to an additional $157.5 million in new term loans days after entering bankruptcy with a debt load of $556.1 million. “With ...

Big Lots, the discount chain that filed for bankruptcy in September, said Friday that it agreed to a sale transaction with an investment firm, allowing hundreds of stores to stay open by transferring ...

Over the last year, Big Lots’ financial performance and some operational decisions signaled to analysts and industry observers that the discount retailer might be in trouble. The company said in a ...

In yet another twist for the ill-fated discount retailer Big Lots, hundreds of locations that had been marked for closure may end up staying open after all. Earlier this month, the company announced ...

Big Lots is planning to reopen 132 more stores in May as the bankrupt discount retailer works to rebuild its brand under new ownership. After filing for bankruptcy in September of last year and moving ...

(NEXSTAR) — It’s been five months since Big Lots announced it was preparing to close all of its stores, after closing hundreds of others following its bankruptcy filing. Since then, more than 100 Big ...

Big Lots customers and employees who have been wondering which locations may stay open after the bankrupt retailer was sold to a restructuring firm might have to wait until spring. But new clues have ...

Back in September 2024, Big Lots filed for bankruptcy. Like many big box discount retailers, Big Lots had struggled from falling foot traffic and declining sales for years. In December 2024, the ...

(NEXSTAR) – After filing for Chapter 11 bankruptcy protection and closing hundreds of stores, Big Lots is preparing to close all of its locations, the company confirmed on Thursday. In a press release ...