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 ...

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 ...

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 ...

Big Lots is laying off 555 corporate workers including its CEO following the collapse of its deal to be acquired out of bankruptcy. The Columbus-based discounter reported to the state that the workers ...

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 ...

(NEXSTAR) – After filing for Chapter 11 bankruptcy protection and closing hundreds of stores, Big Lots is preparing to close all of its locations, the company confirmed on Thursday. In a press release ...

After spending much of 2024 closing stores and recent months trying to solidify a sale of the company to keep its doors open, discount retail chain Big Lots has announced that it now plans to close ...

Big Lots is adding dozens of locations to its list of stores slated to close as part of the discount retailer's Chapter 11 bankruptcy process. The Columbus, Ohio-based company plans to shut down ...

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 ...

Signs at the front of Big Lots North Myrtle Beach location announced that the store intends to re-open, and The Sun News learned the location plans to start operating again in June 2025. The site ...

(NEXSTAR) — Two additional waves Big Lots stores are scheduled to reopen in May, with the first set of stores opening their doors on Thursday. Earlier this month, nine Big Lots stores reopened as part ...