Struggling Big Lots will be acquired in a multimillion-dollar deal after the company filed for bankruptcy with up to $10 ...
The funding will allow the bargain-focused retailer to continue normal operations, including paying employees and vendors.
Big Lots, which sells furniture, home decor and other items, said in a statement on Monday that high inflation and interest rates have hurt its business as consumers have pulled back on their home ...
There were nearly 1,400 Big Lots stores in the U.S. as of the first quarter. The discount retailer’s locations sell home goods, furniture, seasonal decorations and other products.
Four Louisiana Big Lots stores that are set to close soon are being put up for sale, as part of a move by the struggling discount retailer to keep the ...
Discount home goods retailer Big Lots has filed for bankruptcy after high interest rates and a slow housing market reduced demand for its low-priced furniture and decor The company has agreed to ...
Big Lots company officials on Monday said optimizing its store footprint included restructuring as 295 stores have already begun to shut down. Big Lots officials said about 250 more locations will ...
Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy.As part of its Chapter 11 filing, the retailer ...
U.S. discount retail chain Big Lots filed for bankruptcy, becoming the latest retail casualty as consumers reined in spending ...