Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership.

A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.

Columbus, Ohio-based Big Lots announced Friday it has agreed to a sale with Gordon Brothers Retail ... often the anchor store in low-end strip malls, sells furniture, lawn and garden, apparel ...

COLUMBUS, Ohio (WCMH) — 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 Columbus-based ...

If the sale gets approved by a bankruptcy ... filing for Chapter 11 bankruptcy protection in September. Big Lots, which mostly sells furniture, home decor and some other items, previously said ...

“This sale agreement and transfer present the ... The deal has to be approved by the bankruptcy court. Big Lots sells furniture, home decor and other items. It has said inflation and high ...

The company said in a news release that it signed a sale agreement with Gordon Brothers Retail Partners, a Boston investment ...

"Having established a strong working partnership with Big Lots, we executed seamlessly with all parties to provide the company and its stakeholders a holistic, solutions-oriented sale and avoid a ...

Big Lots filed for Chapter 11 bankruptcy protection back in September. In mid-December, the company announced all stores will hold "going out of business" sales after a sale to a private equity ...

"The strategic sale to Gordon Brothers ... is known for selling home goods, furniture, seasonal decorations and other products. In the second quarter, Big Lots generated $1.05 billion in net ...