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. The Columbus, ...

Big Lots has secured $550 million in debtor-in-possession financing and up to an additional $157.5 million in new term loans days after entering bankruptcy with a debt load of $556.1 million. “With ...

Big Lots customers and employees who have been wondering which locations may stay open after the bankrupt retailer was sold to a restructuring firm might have to wait until spring. But new clues have ...

Over the last year, Big Lots’ financial performance and some operational decisions signaled to analysts and industry observers that the discount retailer might be in trouble. The company said in a ...

Two former Big Lots locations in Prince George and Chester, Virginia, are reopening under new ownership after the company declared bankruptcy. Variety Wholesalers, Inc, a family-owned business ...

In yet another twist for the ill-fated discount retailer Big Lots, hundreds of locations that had been marked for closure may end up staying open after all. Earlier this month, the company announced ...

Big Lots is planning to reopen 132 more stores in May as the bankrupt discount retailer works to rebuild its brand under new ownership. After filing for bankruptcy in September of last year and moving ...

Variety Wholesalers is looking to open a handful of Big Lots locations on Thursday in the first of "four waves of openings" it has planned for the discount retailer’s stores it bought. The company ...

The bankrupt Big Lots home goods closeout retailer just announced its planned sale to Nexus Capital Management has hit the skids so it will begin going-out-of-business sales (GOB) at its remaining 900 ...

Big Lots is coming back in a big way this week. After announcing that store openings would come in waves in 2025, 60 stores are set to reopen across a dozen states on Thursday, May 1 − less than a ...

(NEXSTAR) — It’s been five months since Big Lots announced it was preparing to close all of its stores, after closing hundreds of others following its bankruptcy filing. Since then, more than 100 Big ...

(NEXSTAR) — After closing their doors amid a months-long bankruptcy process, several Big Lots stores are set to reopen under new management. Earlier this year, Big Lots closed a previously announced ...