Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Big Lots(BIG) Forbes·2025-01-03 14:49
Some of Big Lots stores look set to be saved after approval of a new deal. (Photo by Brandon ... [+] Bell/Getty Images)Getty ImagesUp 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.The close-out retailer, which filed for bankruptcy in September, said that these assets include its circa 800 remaining stores, its distribution centers and intellectual property.Under the terms of the agreement, V ...