I went to Big Lots and saw why the chain is closing stores and filing for bankruptcy
Big Lots is planning to close stores as it goes through Chapter 11 bankruptcy. A store in Maryland left BI confused about the retailer's purpose.
Big Lots Is Closing Hundreds of Stores as It Files for Bankruptcy
For bargain hunters, Big Lots has long been a haven for furniture, home goods, and seasonal finds at rock-bottom prices. But in a cruel twist of fate, the discount retailer itself couldn’t withstand the rising tide of inflation.
More Big Lots store locations closing as company files for bankruptcy and 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.
Kilgore’s Big Lots among stores closing after bankruptcy filing
Big Lots stores across the country are set to close, following the company’s recent bankruptcy filing, and Kilgore’s location is one of them. A bright orange banner that reads “Closing this location,” now adorns the Kilgore Big Lots website.
Big Lots files for bankruptcy
Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy.
Salinas 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, lines up buyer for $760 million
Struggling Big Lots will be acquired in a multimillion-dollar deal after the company filed for bankruptcy with up to $10 billion in debt.
Big Lots files for bankruptcy protection, says store operations will continue
Struggling closeout retailer Big Lots filed for bankruptcy protection Monday, saying it's been hurt by inflation and high interest rates.
Big Lots to close an Austin location as part of national bankruptcy filing
The company still has two other Austin locations – one on Spicewood Springs Road and another on East William Cannon Drive – that were not included on the national shutdown list. Other Texas storefronts set to close include one in Dallas, one in San Antonio and two in Houston, to name a few.
Discount retailer Big Lots files for bankruptcy
The home goods chain filed for Chapter 11 protection and agreed to sell itself to a unit of the private equity firm Nexus Capital Management.
Big Lots: 47 more stores across 19 states to close; total closures surpass 300
Nearly 50 additional Big Lots stores are set to close as the company navigates through its Chapter 11 bankruptcy protection filings. The Ohio-based company announced earlier this month that it planned to sell assets and business operations to a private equity firm amid the bankruptcy filing.
Big Lots declares bankruptcy and agrees to be bought by private equity firm
Big Lots has secured commitments for $707.5 million of financing, including $35 million in new funding from some of its current lenders. If approved by the bankruptcy court, the financing is expected ...
Big Lots files for Chapter 11 bankruptcy protection, plans to sell assets to Nexus Capital
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Discount retailer Big Lots has filed for Chapter 11 ...
Big Lots closing Apple Valley distribution hub, laying off all 349 employees
Debt-ridden and bankrupt, Big Lots is permanently closing its Apple Valley distribution center, laying off all 349 employees at the facility by Oct. 31.
Evansville and Madisonville Big Lots set to close
Two Tri-State Big Lots are set to close as the company navigates through its Chapter 11 bankruptcy protection filings. Below ...
Kitchen staple company Tupperware files for bankruptcy
Tupperware Brands filed for bankruptcy protection, months after the iconic American brand shut down its last remaining ...
Going out of business sales coming to more Big Lots stores in NJ
Discount retailer Big Lots has decided to close more stores in New Jersey since filing for bankruptcy protection early last ...
Retail Dive3d
Big Lots brings back ‘Black Friday Fridays’
Big Lots’ announcement about its holiday deals comes just days after the retailer filed for Chapter 11 bankruptcy protection. The retailer entered bankruptcy with a stalking horse agreement ...