Big Lots is under new ownership after a last-minute sale went through that will seemingly keep hundreds of stores in operation and prevent thousands of layoffs. The Columbus, Ohio-based retailer announced this month it closed a previously announced sale agreement with Gordon Brothers Retail Partners.
Big Lots is under new ownership after a last-minute sale went through that will keep hundreds of stores in operation and prevent thousands of layoffs.
Another retailer is joining the likes of Big Lots, Party City and more in filing for bankruptcy. But its stores are open – for now.
Gordon Brothers' purchase of Big Lots Inc. was completed Jan. 9, according to a press release from the firm, but the agreement was announced Dec. 27. Big Lots filed for Chapter 11 bankruptcy in September and has already closed or sold leases for hundreds of stores as part of that process.
COLUMBUS, Ohio (WCMH) — Big Lots is under new ownership ... month it closed a previously announced sale agreement with Gordon Brothers Retail Partners. The agreement will enable Variety ...
Big Lots is under new ownership after a last-minute sale went through that will keep hundreds of stores in operation and prevent thousands of layoffs.
The Buckeyes entered every playoff game looking for one more chance to play together. Now they prepare for their last dance with a national championship in sight.
Sunday will be a mostly cloudy day with occasional snow showers, especially south and east of Columbus. Some locations in SE Ohio may see 1-2" of accumulation, although most of the Columbus metro ...
Monday commemorates the birthday of the Rev. Martin Luther King Jr. This year, the holiday coincides with Trump’s inauguration, though the majority of business closures will be for MLK Day.
The Columbus, Ohio-based retailer announced this month it closed a previously announced sale agreement with Gordon Brothers Retail Partners. The agreement will enable Variety Wholesalers to acquire between 200 and 400 Big Lots stores, which it plans to operate under the Big Lots brand, and up to two distribution centers.
The new owners of Big Lots appear set on closing its stores and moving out of the region. All 12 Big Lots locations in Western New York are on a list of leases the company put up for sale, available on Gordon Brothers Retail Partners’ website.
When the company exited bankruptcy in April 2024, it touted its "strongest financial foundation in many years."