In a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open. $3,500 iPhone possible? What to know 📋 How to talk ...

The agreement is subject to approval by the bankruptcy court and other customary closing conditions, Big Lots said in a statement. Gordon Brothers, which invests in distressed companies, will sell ...

In mid-January, Gordon Brothers published a list of Big Lots leases that it was putting up for sale, suggesting that the ...

Gordon Brothers will then transfer Big Lots’ stores, distribution centers and intellectual properties to other retailers, Big Lots said in a news release. Read more trending news .

Four weeks ago, Big Lots and Gordon Brothers announced a deal transferring 200 to 400 of Big Lots’ stores to Variety Wholesalers, Inc., a retail company headquartered in Henderson, North Carolina.

In the latest Big Lots bankruptcy filing, Gordon Brothers plans to sell the leases of 500 stores, including some in Ohio. That's more than half of the 900-plus Big Lots stores currently operating.

Gordon Brothers CEO Norma Kuntz, Big Lots Stores' Bruce Thorn (Big Lots Gordon Brothers, Getty) Dec 27, 2024, 11:42 PM. By . Jake Indursky; Save article. SHARE THIS ARTICLE. FONT SIZE. A A A.

Big Lots announced Friday that it had agreed to a sale transaction with Gordon Brothers Retail Partners, which means the sparing of hundreds of Big Lots stores.

Big Lots buyout: Deal with Gordon Brothers keeps up to 400 stores open. Three additional stores in Indianapolis and several other stores around the state were not listed with leases for sale.

A Big Lots store in Massachusetts. The Ohio-based company has struck a sale-and-transfer deal with Boston-based Gordon Brothers Retail Partners that could save the brand and hundreds of jobs.

Gordon Brothers will then transfer Big Lots’ stores, distribution centers and intellectual properties to other retailers, Big Lots said in a news release. Read more trending news .

COLUMBUS, Ohio — Big Lots has reached a deal that will keep hundreds of its stores and distribution centers open, The discount chain said on Friday that it will be sold to Gordon Brothers Retail ...