Big Lots announces sale deal to transfer stores, save jobs

Big Lots reaches deal with Gordon Brothers to keep up to 400 stores open
The discount chain said on Friday that it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies. Gordon Brothers will then transfer Big Lots’ stores, distribution centers and intellectual properties to other retailers, Big Lots said in a news release.
Not all Big Lots stores are closing after all. Deal will save as many as 400 locations
Because of a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.
Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
Some Big Lots stores will remain open if bankruptcy court approves deal with new buyer
Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.
Big Lots strikes deal to keep hundreds of stores open and save jobs
The discount chain said it agreed to a sale transaction with an investment firm which would allow hundreds of stores to stay open by transferring its property to other retailers and companies.
Big Lots sells assets in last-ditch deal to attempt to save jobs, brand
Big Lots announced a buzzer-beater sale that could save hundreds of stores and thousands of jobs across the country. The Columbus-based retailer announced Friday it
Bankrupt Big Lots strikes deal to keep some stores open
Variety Wholesalers Inc. will acquire between 200 and 400 Big Lots locations and up to two distribution centers. The Hendersonville, N.C., business owns more than 400 retail stores in the Southeast and Mid-Atlantic regions, the release said.
Big Lots strikes deal to save stores, stop brand from closing
Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of the business fell apart, saving the Columbus-based chain from closing down entirely.
Big Lots reaches deal to keep hundreds of stores open, save jobs
The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores and operate under the Big Lots brand.
Big Lots announces sale deal to transfer stores, save jobs following bankruptcy filing
Big Lots announced Friday it has reached a sale agreement with investment firm Gordon Brothers Retail Partners.
Big Lots reaches deal to keep hundreds of stores open
Big Lots said Friday it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies. Gordon Brothers will then transfer Big Lots’ stores, distribution centers and other assets to other retailers.
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Big Lots plans to sell stores to Variety Wholesalers
Big Lots sale to Variety Wholesalers may impact as many as 400 stores. It's unclear if the sale will impact its remaining ...