by Mike Duff | Jan 2, 2025 | Retail Articles
After entering Chapter 11 bankruptcy protection and warning of possible liquidation, Big Lots announced it entered an agreement with Gordon Brothers Retail Partners that enables the transfer of Big Lots assets, including stores, distribution centers and intellectual...
by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
by Mike Duff | Dec 20, 2024 | Featured News, Retail Articles
Although it is exploring an alternative deal that might keep at least some of its stores in operation, Big Lots announced that it does not anticipate completing an asset purchase agreement with Nexus Capital Management and will commence going-out-of-business sales. If...
by Mike Duff | Nov 25, 2024 | Retail Articles
As it looks to complete Chapter 11 bankruptcy proceedings, Big Lots announced it received court approval for the sale of substantially all of the company’s assets and ongoing business operations to a Nexus Capital Management affiliate. Big Lots reported it...
by Mike Duff | Nov 11, 2024 | Retail Articles
Big Lots has launched of a new app designed to enhance the shopping experience for its loyalty program members. Current and new Big Reward members can download the already available Big Lots app, which provides in-store rewards access, a personalized dashboard for...
