by Mike Duff | Oct 31, 2024 | Retail Articles
In its bankruptcy proceeding, Big Lots has filed notice of a successful bidder for its assets, Gateway BL Acquisition, an affiliate of Nexus Capital Management. In early September, Big Lots initiated voluntary Chapter 11 proceedings in the United States Bankruptcy...
by Mike Duff | Oct 9, 2024 | Retail Articles
In a filing with the United States Bankruptcy Court for the District of Delaware, Big Lots identified leases it is ready to depart and stores it is ready to close, now combining for a total of nearly 500. After initially listing 179 leases it was prepared to reject,...
by Mike Duff | Sep 26, 2024 | Retail Articles
In a new marketing turn, Big Lots is launching an affiliate program designed to build on its organic and grassroots popularity with social bargain-savvy creators and publishers, the company announced. The program offers influential content partners the opportunity to...
by Mike Duff | Sep 17, 2024 | Retail Articles
Ahead of what could be a vital holiday period for Big Lots after its recent Chapter 11 filing, the off-price retailer has relaunched Black Friday Fridays with one-day bargains on décor, gifts and other merchandise at up to 50% off now through December 6. During the...
by Mike Duff | Sep 9, 2024 | Featured News, Retail Articles
After weeks of speculation about company finances, Big Lots announced that it filed for Chapter 11 bankruptcy protection after entering into an agreement with an affiliate of Nexus Capital Management under which the financial firm would acquire substantially all of...
