Last month in bankruptcy filings, Big Lots said it would close almost 50 more stores, bringing its total planned store ...
Since Big Lots filed for Chapter 11 bankruptcy protection earlier this month, more than 340 stores were designated for closure. As of Sept. 29, more than 30 have closed and been removed from the chain ...
Nearly 50 more Big Lots stores across half as many states, including the store’s Nacogdoches location, are joining the ...
Earlier this week discount retailer, Big Lots announced that it had filed for Chapter 11 bankruptcy and plans to sell the business to Nexus Capital Management. The retailer is also in the midst of ...
Big Lots, which sells furniture, home decor and other items, said in a statement on Monday that high inflation and interest rates have hurt its business as consumers have pulled back on their home ...
Discount home goods retailer Big Lots has filed for bankruptcy after high interest rates and a slow housing market reduced demand for its low-priced furniture and decor The company has agreed to ...
A variety of factors have led to the decline. Spending on furniture, which was Big Lots' single biggest business segment, dried up after a Covid-19-driven boom and the company, by its own ...
A private equity firm is expected to take over nearly all the Big Lots' stores and business operations. The company was already set to close about 300 of its stores, including the store on Poplar ...
Discount retail company Big Lots (NYSE:BIG) will be announcing earnings results tomorrow before the bell. Here’s what investors should know. Big Lots missed analysts’ revenue expectations by 3 ...
Despite the bankruptcy filing, Big Lots isn't going dark: Stores not slated for closure will remain operational — though, of the company’s 1,400 locations nationwide, several hundred are set ...
Big Lots Inc. said early Monday it has agreed to be acquired by Nexus Capital Management LP and has entered voluntary Chapter 11 bankruptcy proceedings to facilitate the deal, ending a period of ...
(NEXSTAR) — Nearly 50 more Big Lots stores across half as many states are joining the growing list of locations that are closing as part of the retailer’s bankruptcy filing. Since Big Lots ...