What Happened to Big Lots? Bankruptcy, Store Closures Explained
Why Big Lots is closing shop. The post What Happened to Big Lots? Bankruptcy, Store Closures Explained appeared first on Mandatory.
Big Lots Just Filed Bankruptcy. Here's The List of Big Lots Stores Closing.
In case you haven’t heard, Big Lots is the most recent retailer to announce they are closing stores across the US. While it’s sad to see them closing stores, it does also mean that there’s a big opportunity for you to save during their massive clearance sales.
Big Lots reaches bankruptcy agreement, some stores in CT to stay open
Big Lots was already holding clearance sales at nine Connecticut stores slated for closure that are now offering discounts of 40 percent off. Left off the closure list are stores in Bristol, Derby, East Haven, East Hartford, Middletown, North Haven and Wallingford.
Visalia Big Lots store among closures as company files for bankruptcy, new owner takes over
Closing more locations will allow the company to have a “more focused footprint” and conduct business efficiently, said President and CEO Bruce Thorn.
Big Lots files for bankruptcy amid significant store closures
The discount retailer Big Lots, known for its treasure-hunt atmosphere and budget prices, has filed for bankruptcy and entered a sale agreement with a private equity firm.
Discount retailer Big Lots declares bankruptcy, citing inflation
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 files for bankruptcy, agrees to sell to Nexus Capital
Big Lots sought court protection after suffering from years of declining same-store sales and closing location. It entered into a sale agreement with an affiliate of private equity investor Nexus Capital Management LP,
Big Lots files for bankruptcy, will close some stores amid sale to investment firm
Months after Big Lots publicly announced signs of trouble, the home goods and seasonal retailer is selling its business as it starts bankruptcy proceedings.
Big Lots files for bankruptcy, plans to close additional stores
The bargain retailer announced it filed for voluntary Chapter 11 bankruptcy proceedings. The retailer had already announced its North Bay store closures.
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