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NEW YORK, Dec 31 (Reuters) - Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership.

The bankrupt Big Lots home goods closeout retailer just announced its planned sale to Nexus Capital Management has hit the skids so it will begin going-out-of-business sales (GOB) at its remaining ...

Now, Big Lots says it is preparing to start "going out of business" sales at all of its remaining 950 store locations in the coming days. This sale should be door-busting. Big Lots is already ...

Big Lots will begin going-out-of-business sales at about 870 stores, company attorney Brian M. Resnick said during a hearing Thursday in front of US Bankruptcy Judge J. Kate Stickles.

In a press release, the company said it is “preparing to commence going out of business sales at all remaining Big Lots store locations in the coming days.” The decision comes after the company failed ...

Dec. 28 (UPI) --Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic sale transaction with a Boston asset management firm.

Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital Management and will beginning selling its stores in coming days to protect ...

Big Lots filed for Chapter 11 bankruptcy protection weeks after announcing plans to close 340 stores across the United States. The company said at the time that the closures were part of a sale ...

Big Lots’ original plan was a sale to Los Angeles-based hedge fund Nexus Capital Management. And while a sale is still possible, the initial plan did not work. Nexus Capital previously purchased ...

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NEW YORK — Discount chain Big Lots is conducting going–out-of-business sales at its remaining locations, including four stores in Colorado, after a sale of the company didn’t materialize.