Big Lots to be Sold to Gordon Brothers, Hundreds of Stores to Remain Open

Business News

Big Lots to be Sold to Gordon Brothers, Hundreds of Stores to Remain Open
BANKRUPTCYRETAILBIG LOTS
  • 📰 KSLcom
  • ⏱ Reading Time:
  • 9 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Big Lots, the discount chain that filed for bankruptcy protection in September, will be sold to Gordon Brothers Retail Partners. Gordon Brothers will then transfer Big Lots' stores, distribution centers, and other assets to other retailers. Variety Wholesalers Inc. plans to acquire between 200 and 400 Big Lots stores and operate them under the Big Lots brand.

<p>WASHINGTON — The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and distribution centers open.

 Variety Wholesalers will also acquire up to two distribution centers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KSLcom /  🏆 549. in US

BANKRUPTCY RETAIL BIG LOTS GORDON BROTHERS SALE VARIETY WHOLESALERS

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big Lots to Reopen Stores After Sale to Gordon BrothersBig Lots to Reopen Stores After Sale to Gordon BrothersBig Lots, facing closure after filing for bankruptcy, will reopen a portion of its stores thanks to a sale to Gordon Brothers Retail Partners.
Read more »

Big Lots to be Sold to Gordon BrothersBig Lots to be Sold to Gordon BrothersBig Lots, a struggling discount retailer, is being sold to Gordon Brothers Retail Partners, which will then transfer its assets to other retailers. Variety Wholesalers is planning to acquire a significant number of Big Lots stores.
Read more »

Big Lots Sold to Gordon Brothers, Hundreds of Stores to Remain OpenBig Lots Sold to Gordon Brothers, Hundreds of Stores to Remain OpenDiscount chain Big Lots has reached a deal to be sold to Gordon Brothers Retail Partners, a firm specializing in distressed companies. Gordon Brothers will transfer Big Lots' assets to other retailers, with Variety Wholesalers Inc. acquiring 200-400 stores and operating them under the Big Lots brand. This sale aims to preserve jobs, maximize value, and ensure the continuity of the Big Lots brand.
Read more »

Big Lots to be Sold to Gordon Brothers, Some Stores ReopenBig Lots to be Sold to Gordon Brothers, Some Stores ReopenBig Lots, facing financial difficulties, will be sold to Gordon Brothers Retail Partners. Variety Wholesalers Inc. will acquire a significant number of Big Lots stores and operate them under the existing brand.
Read more »

Big Lots to be Sold to Gordon Brothers, Variety Wholesalers to Acquire StoresBig Lots to be Sold to Gordon Brothers, Variety Wholesalers to Acquire StoresBig Lots, facing bankruptcy due to economic pressures, will be sold to Gordon Brothers Retail Partners, who will transfer its assets to various retailers. Variety Wholesalers Inc. plans to acquire a significant number of Big Lots stores and continue operating under the existing brand.
Read more »

Big Lots Sold to Gordon Brothers, Some Stores To ReopenBig Lots Sold to Gordon Brothers, Some Stores To ReopenBig Lots has reached a deal to be sold to Gordon Brothers Retail Partners, a firm specializing in distressed companies. Gordon Brothers will transfer Big Lots' assets to other retailers, with Variety Wholesalers Inc. acquiring 200-400 stores and up to two distribution centers.
Read more »



Render Time: 2025-02-12 20:09:49