by Mike Duff | Apr 19, 2024 | Retail Articles
As it looks to address costs and lagging sales, Big Lots has increased its borrowing capacity by up to $200 million with a new FILO term loan facility through 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Capital. The loan significantly enhances Big Lots’...
by Mike Duff | Aug 30, 2022 | Featured News, Retail Articles
As it worked to bring inventories down and serve shoppers with a broader range of bargains, Big Lots posted comparable sales and earnings declines but still did better than Wall Street expected. For the second quarter, Big Lots posted a net loss of $84.2 million, or...
