(CNN) — 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 ...
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.
“This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand,” said Big Lots’ CEO Bruce Thorn.
The Sun previously discovered how it uses red labels on "secret" sale items in some of its stores. And back in 2021, we found jumpers with a 58% markdown - from £12 to £5. Items with red ...
Big Lots announced a deal to save some stores on Dec. 27, 2024. Photo: Eric Thayer/Bloomberg via Getty Images ...
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Big Lots is liquidating its stores and holding “going out of business” sales at all its locations after a deal with its buyer fell through. The chain had closed hundreds of locations ...
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