Big Lots reaches deal to keep hundreds of US stores open
- Big Lots has reached a deal to keep hundreds of stores open after filing for bankruptcy in September.
- The deal involves Gordon Brothers Retail Partners facilitating the transfer of Big Lots' brand, stores, and distribution centers.
- Variety Wholesalers will acquire between 200 and 400 Big Lots stores and up to two distribution centers.
- The agreement aims to preserve jobs and ensure continuity of the Big Lots brand, according to Bruce Thorn, Big Lots' president and chief executive.
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Total News Sources0
Leaning Left20Leaning Right16Center80Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
L 17%
C 69%
14%
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