Home goods chain Big Lots got a reprieve to keep hundreds of stores open after a bankruptcy judge approved a last-minute sale ...

The company that is taking over some of the stores, Variety Wholesalers, operates out of Hendersonville, North Carolina, and owns more than 400 chains including Roses, Roses Express, Maxway, Bill's ...

In the Chapter 11 filing in September, Big Lots said there would be additional store closures, and in October, it announced that another 50 stores would be shuttering. The discount retailer is known ...

Modell, 70, said he was at President-elect Donald Trump’s Mar-a-Lago resort on Dec. 19 when he got the idea to buy the legacy ...

COLUMBUS, Ohio — Pending court approval, Top 100 retailer Big Lots has lined up a new buyer. On Dec. 27, the Columbus, Ohio-based discounter revealed that it reached an asset purchase agreement with ...

Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic ...

The deal has to be approved by the bankruptcy court. Big Lots sells furniture, home decor and other items. It has said inflation and high interest rates have caused consumers to pull back on their ...

said on Tuesday that Big Lots continued to order furniture and other inventory even after realizing it would not have the funds to pay for them, racking up $250 million in new debts that will ...