Big Lots closing 19 more stores amid Chapter 11 Bankruptcy filing
2 days ago · According to a court document filed on Monday and obtained by USA TODAY, the 19 Big Lots stores that will close include: Big Lots at 23741 Highway 59 Ste 30 in Porter, Texas. Big Lots at 111 ...
Big Lots stores closing: See full list of 344 shuttering locations
Oct 1, 2024 · USA TODAY. Nearly 50 additional Big Lots stores are set to close across the United States as the retailer continues its bankruptcy process. The retailer, which filed for Chapter 11 bankruptcy...
Big Lots declares bankruptcy and agrees to be bought by ... - CBS News
Sep 9, 2024 · Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business.
Ollie’s Bargain Outlet Acquires Former Big Lots Stores
HARRISBURG, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that it was the winning bidder in a bankruptcy sale process to acquire seven former Big Lots, Inc. (“Big Lots”) store leases.
BIG LOTS RECEIVES COURT APPROVAL FOR SALE TO NEXUS - PR …
1 day ago · COLUMBUS, Ohio, Nov. 22, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC: BIG) (the "Company") today announced that it has received court approval for the sale of substantially all of the Company's ...
Nexus Capital Approved to Buy Big Lots Chain Out of Bankruptcy
1 day ago · Jonathan Randles. Bloomberg News. Nexus Capital Management won court approval to buy bankrupt retailer Big Lots Inc., after no higher offer came in at an auction. Judge J. Kate Stickles said in a court hearing Friday that she would approve the deal, which is tied to the $765 million that the private equity firm obtained to finance the deal.
Nexus Gets $765 Million Financing for Big Lots Acquisition
Oct 25, 2024 · (Bloomberg) -- A federal judge approved Nexus Capital Management as the lead bidder to acquire Big Lots Inc. after the private equity firm obtained $765 million in committed financing to...
Big Lots gets court OK for $550M in bankruptcy financing
Sep 12, 2024 · Big Lots has received interim court approval to immediately access $550 million of $707.5 million in available bankruptcy financing, according to court documents and a Wednesday company...
Big Lots files for bankruptcy | CNN Business
Sep 9, 2024 · Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy. As part of its Chapter 11 filing, the retailer...
Big Lots is closing stores and filing for bankruptcy - NPR
Sep 10, 2024 · Discount retailer Big Lots is filing for bankruptcy as it prepares to be acquired, the company said Monday. The Ohio-based company will be acquired by Nexus Capital Management, “who believes in...