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Big Lots, Variety Wholesalers
Big Lots Closes Deal to Keep Hundreds of Stores Open—What You Need to Know
The fate of beloved discount retailer Big Lots has been up in the air for some time now. The chain first started closing locations in late 2022, then filed for Chapter 11 Bankruptcy in Sept. 2024. Things were looking up when a deal with Nexus Capital was on the table,
Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.
Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
Variety Wholesalers to acquire up to 400 Big Lots stores, possibly some of the six in Connecticut
Variety Wholesalers owns more than 400 retail stores in the Southeastern and Mid-Atlantic states that operate under the names Roses, Roses Express, Maxway, Bill's Dollar Stores, Super 10, Super Dollar and Bargain Town. Variety Wholesalers stores only go as far north as Virginia.
Gordon Brothers And Variety Wholesalers Step In To Save Some Big Lots Stores
Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.
Variety Wholesalers to Acquire 200 to 400 Big Lots Stores
Variety Wholesalers Inc. has announced plans to acquire between 200 and 400 Big Lots stores, in the midst of the retailer’s - Company news, Investment sales, News, North Carolina
Big Lots Finds Buyer To Save Brand, Hundreds Of Stores
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon Brothers Retail Partners just before the end of 2024. The transaction would also include the sale of between 200 and 400 stores to Variety Wholesalers, Big Lots announced Dec. 27.
Big Lots secures deal to save hundreds of stores. What we know now
Hosted on MSN
6h
Big Lots closes strategic deal with Gordon Brothers
US-based discount retailer Big Lots has concluded its sale agreement with Gordon Brothers Retail Partners, securing the brand ...
6h
Major retailer reports nearly 500 layoffs for Alabama
Big Lots Distribution Center reported plans to lay off 491 employees starting Jan. 6, according to the Alabama Department of ...
ProgressiveGrocer
3h
Big Lots Closes Sale to Gordon Brothers Retail Partners
Closeout retailer completes deal that will save up to 400 of its approximately 950 stores from going out of business ...
Columbus Dispatch
9d
Big Lots to transfer some assets to Variety Wholesalers among others
Big Lots said on Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including
Variety
Wholesalers
...
7d
Not all Big Lots stores will close after all: NC-based company acquires some locations
Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ ...
Sourcing Journal on MSN
3d
Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
4d
on MSN
Discount retailer Big Lots might remain open in Wisconsin despite bankruptcy. Here's how
Months after discount retailer Big Lots filed bankruptcy, the chain has reached a deal to keep hundreds of stores open.
The Meadville Tribune
4d
Big Lots has new deal, but fate of local outlet unknown
Discount retailer Big Lots has reached a deal with a new buyer to transfer several hundred stores — plus distribution centers ...
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