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, the discount chain that filed for bankruptcy in September, said Friday that it agreed to a sale transaction with an investment firm, allowing hundreds of stores to stay open by transferring ...

Variety Wholesalers started reopening Big Lots stores in April, about seven months after the retailer filed for bankruptcy. Big Lots in December announced it would begin going-out-of-business sales at ...

Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. Limited ...

In an era where retail giants frequently fade into memory, Big Lots has orchestrated what many consider an impressive comeback story. The discount retailer — known for its strategic blend of everyday ...

Big Lots, a store known for bargains on everything from welcome mats to mouthwash, filed for bankruptcy last year. Since then, it’s felt like a rollercoaster as some stores close and some stores ...

Big Lots plans to shutter three times more stores than it will open in 2024, with the discount retailer pointing to a retreat in spending by its bargain-hunting base. "We currently expect to open ...

Up to a half of Big Lots stores will be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets. The close-out retailer, which filed for ...

Eight days after Big Lots announced plans for liquidation sales at all of its U.S. stores, the discount retailer said Friday it reached a deal with an asset buyer that will allow at least 200 stores ...