Under the transaction, Variety Wholesalers would acquire at least 200 stores and up to two distribution centers, saving jobs ...
Big Lots filed for bankruptcy protection in September, saying inflation and high interest rates had cut back on consumer ...
Red Lobster was a standout bankruptcy story in 2024. After the restaurant's 2023 Endless Shrimp fiasco reportedly cost it $11 ...
After news of nationwide closures, the discount retail chain 'Big Lots' reached a deal that will allow hundreds of stores to ...
The retail company struck a rescue deal to save hundreds of stores, preserving thousands of jobs after filing for Chapter 11 bankruptcy.
Leases for four Party City stores in Central Ohio will hit the auction block after the New Jersey retailer announced plans to ...
With 7,100 brick-and-mortar closures across the country in 2024, including local big box staples like Big Lots and Party City, it might make you wonder. And although local leaders say online shopping ...
Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.
An announcement Friday comes after Big Lots filed for bankruptcy in September and the fall-through of a previous merger plan.
(CNN)– 2024 was a bad year for major U.S. retailers. According to Coresight Research, more than 73 hundred stores closed.
From Walmart to Big Lots, major retailers closed their stores in Atlanta in 2024. Major retail chains are closing down stores ...