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The Columbus, Ohio-based Big Lots has 1,389 stores in each of the 48 contiguous U.S. states. The closures are part of a sale agreement with an affiliate of Nexus Capital Management LP ...
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Earlier this summer, Big Lots told the SEC it planned to close 35 to 40 stores, which quickly grew to hundreds. Additional store closures are expected "as part of the court-supervised sale process." ...
Discount retailer Big Lots Inc. has filed for bankruptcy protection and plans to sell the company's assets and ongoing business in a court-supervised process. The Columbus, Ohio-based company said ...
As part of the court-supervised sale process, the company is continuing to assess its operational footprint, which will include closing additional store locations. Big Lots will also continue to ...
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 ...