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Big Lots, Variety Wholesalers
Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.
Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
Variety Wholesalers to Acquire 200 to 400 Big Lots Stores
Variety Wholesalers Inc. has announced plans to acquire between 200 and 400 Big Lots stores, in the midst of the retailer’s - Company news, Investment sales, News, North Carolina
Gordon Brothers And Variety Wholesalers Step In To Save Some Big Lots Stores
Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.
Variety Wholesalers to acquire up to 400 Big Lots stores, possibly some of the six in Connecticut
Variety Wholesalers owns more than 400 retail stores in the Southeastern and Mid-Atlantic states that operate under the names Roses, Roses Express, Maxway, Bill's Dollar Stores, Super 10, Super Dollar and Bargain Town. Variety Wholesalers stores only go as far north as Virginia.
Big Lots Finds Buyer To Save Brand, Hundreds Of Stores
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon Brothers Retail Partners just before the end of 2024. The transaction would also include the sale of between 200 and 400 stores to Variety Wholesalers, Big Lots announced Dec. 27.
Big Lots secures deal to save hundreds of stores. What we know now
"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots..."
Big Lots announces deal to keep hundreds of its stores open
After previous sale plan falls through, discount retailer strikes new arrangement with Gordon Brothers and Variety Wholesalers.
52m
BIG LOTS CLOSES SALE TO GORDON BROTHERS RETAIL PARTNERS
Big Lots, Inc. (the "Company") today announced that it has successfully closed its previously announced sale agreement with ...
Sourcing Journal on MSN
5h
Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
The Times of Northwest Indiana
2h
Big Lots to sell as many as half its stores out of bankruptcy, but fate of Region stores unknown
The bankrupt retailer Big Lots reached a deal that could save as many as half its stores. Columbus, Ohio-based Big Lots got bankruptcy court approval to sell 200 to 400 stores to Gordon Brothers ...
Hosted on MSN
1d
Big Lots will keep some stores open after all. Which locations will be affected?
Big Lots announced on Dec. 19 that it would be shutting down all of its remaining locations around the country after ...
9h
When will the Athens Big Lots close? What to know about the discount retailer
Big Lots reached a deal recently to sale off many of its stores, keeping hundreds open across the country. The Athens ...
2d
Big Lots wins approval of rescue deal after creditor backlash
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite ...
3d
on MSN
Big Lots closing locations update: Which stores might stay open after retailer reaches deal?
After announcing that it would shutter all of its stores and hold going-out-of-business sales, the ill-fated retailer now ...
4d
on MSN
All Big Lots stores may not close after all: Roses parent company to operate Big Lots
Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ ...
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