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Big Lots, the discount chain that filed for bankruptcy in September, said Friday that it agreed to a sale transaction with an investment firm, allowing hundreds of stores to stay open by ...
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 ...
More Big Lots to Close Their Doors Permanently. Earlier this year, the discount retail chain Big Lots filed for bankruptcy, announcing it would be closing hundreds of stores nationwide.
Big Lots' president and CEO, Bruce Thorn, addressed the bankruptcy as well, saying in a statement: “The actions we are taking today will enable us to move forward with new owners who believe in ...
Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor.. As ...
Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy.
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