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Jamey Noel has been ordered to repay $3.1 million in restitution. He's currently serving a 15-year prison sentence, with three years suspended to probation.
The company may also acquire up to two distribution centers and retain the right to employ Big Lots retail and corporate employees. “This sale agreement and transfer present the strongest ...
plans to operate the acquired assets and real estate under the Big Lots brand. “The strategic sale to Gordon Brothers and transfer to Variety Wholesalers presents the strongest opportunity to ...
That hope was dashed by December, however, when the sale failed to go through. Founded in 1967, Big Lots began in Columbus, Ohio selling a variety of retail products from furniture and electronics ...
Big Lots BIGGQ-14.80%decrease; red down pointing triangle, which filed for bankruptcy in September, said that it reached an agreement with Gordon Brothers Retail Partners that would keep hundreds ...
Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of the business fell apart, saving the chain from closing down entirely. The company said Friday it has ...
“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.
Eight days after Big Lots announced plans for liquidation sales at all of its U.S. stores, the discount retailer said Friday it reached a deal with an asset buyer that will allow at least 200 ...
Big Lots announced a deal to save some stores on Dec. 27, 2024. Photo: Eric Thayer/Bloomberg via Getty Images ...
“The entire store is on sale. When it’s gone, it’s gone,” the message stated. Big Lots, headquartered in Columbus, Ohio, offers discount-priced home items such as furniture ...
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 ...