Big Lots just received a last-minute lifeline

Big Lots says it reached a deal with Gordon Brothers Retail Partners that would preserve 200 to 400 stores across the US.
Retail Dive

Is Big Lots’ transformation plan enough to save it?

Over the last year, Big Lots’ financial performance and some operational decisions signaled to analysts and industry observers that the discount retailer might be in trouble. The company said in a ...
Retail Dive

Big Lots gets court OK for $550M in bankruptcy financing

Big Lots has secured $550 million in debtor-in-possession financing and up to an additional $157.5 million in new term loans days after entering bankruptcy with a debt load of $556.1 million. “With ...
The Hill

Big Lots: ‘Going out of business’ sales to begin at all locations

(NEXSTAR) – After filing for Chapter 11 bankruptcy protection and closing hundreds of stores, Big Lots is preparing to close all of its locations, the company confirmed on Thursday. In a press release ...
The Progress-Index

Chester, Prince George Big Lots reopen soon: Read about new owners

Two former Big Lots locations in Prince George and Chester, Virginia, are reopening under new ownership after the company declared bankruptcy. Variety Wholesalers, Inc, a family-owned business ...
Columbus Dispatch

Big Lots to lay off 555 workers at its corporate office as it prepares to shut down

Big Lots is laying off 555 corporate workers including its CEO following the collapse of its deal to be acquired out of bankruptcy. The Columbus-based discounter reported to the state that the workers ...
Fast Company

Big Lots store closures update: Hundreds of leases go up for sale as companies work ‘expeditiously’ to decide which locations to save

Big Lots customers and employees who have been wondering which locations may stay open after the bankrupt retailer was sold to a restructuring firm might have to wait until spring. But new clues have ...
CBS News

Big Lots to close another 56 locations in 27 states. Here's where.

Big Lots is adding dozens of locations to its list of stores slated to close as part of the discount retailer's Chapter 11 bankruptcy process. The Columbus, Ohio-based company plans to shut down ...
The State

Big Lots reopening some SC stores after bankruptcy. Here’s when, where and how many

Signs at the front of Big Lots North Myrtle Beach location announced that the store intends to re-open, and The Sun News learned the location plans to start operating again in June 2025. The site ...
Fast Company

Big Lots is closing every store: Going-out-of-business sales will be held at all remaining locations ‘in the coming days’

After spending much of 2024 closing stores and recent months trying to solidify a sale of the company to keep its doors open, discount retail chain Big Lots has announced that it now plans to close ...
The Hill

Big Lots stores reopening in several states this week: Here’s where

(NEXSTAR) — Two additional waves Big Lots stores are scheduled to reopen in May, with the first set of stores opening their doors on Thursday. Earlier this month, nine Big Lots stores reopened as part ...