The latest announcement is out from Big Lots ( (BIGGQ) ).

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

There’s good news for Big Lots fans, though, because it was just announced that many stores are indeed sticking around.

The bankruptcy of Big Lots is helping Ollie’s Bargain Outlet’s new store pipeline as the discount retailer’s bottom line benefits from an increased number of locations. Ollie’s OLLI has ...

Big Lots is fighting to survive. The discount retail chain had won court approval to sell itself to private equity firm Nexus Capital Management this fall after filing for Chapter 11 bankruptcy in ...

Big Lots' plan to sell itself to a private equity buyer fell apart last week. The retailer is starting store closing sales but trying to find another suiter, it said. I visited a Big Lots store in ...

COLUMBUS, Ohio (WCMH) — Big Lots is commencing a mass layoff of 555 Franklin County workers after a deal collapsed that would’ve pulled the company out of bankruptcy. The retailer announced in ...

On Dec. 21 it filed for a bankruptcy. Discount retailer Big Lots announced Dec. 19 that it is closing all remaining stores. The chain closed 400 locations earlier this year, with 963 stores remaining ...

Big Lots blamed several economic factors for its bankruptcy, including high inflation and interest rates that led customers to change their purchasing behavior. They’re seeking out value — but ...

Discount chain Big Lots is conducting going–out-of-business ... The Columbus, Ohio-based retailer, which sells furniture, home decor and other items, filed for Chapter 11 bankruptcy protection ...