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Deal with Gordon Brothers keeps up to 400 open
Not all Big Lots stores will close: Deal with Gordon Brothers keeps up to 400 open
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.
Gordon Brothers And Variety Wholesalers Step In To Save Some Big Lot Stores
Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.
Bankrupt Big Lots will keep hundreds of stores open under new sale transaction
Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic sale transaction with a Boston asset management firm.
Big Lots reaches deal to save brand and keep hundreds of stores open
Big Lots will no longer be closing all remaining stores after agreeing to a sale this week. The national retailer announced Friday, Dec. 27 it struck a deal that will save hundreds of stores, thousands of jobs and keep the brand alive.
Slated for closure, agreement reached to keep hundreds of Big Lots locations open
Despite Big Lots dissolving amid Chapter 11 bankruptcy proceedings, the company announced late Friday that it has agreed to a sale with Gordon Brothers Retail Partners, LLC that would involve keeping hundreds of stores open, if the deal is approved by a judge.
Deal may save Big Lots stores in town of Ulster, Saugerties
Local Big Lots stores that seemed destined to close may get a reprieve after all. Corporate liquidation company Gordon Brothers Group, which has overseen the closing of
Big Lots agrees to transaction with Gordon Brothers, Variety Wholesalers
Big Lots (OTC:BIGGQ) has agreed to a transaction with Gordon Brothers Retail Partners that will facilitate the transfer of a majority of Big Lots' assets to Variety Wholesalers and other parties. Variety Wholesalers,
Gordon Brothers to buy bankrupt Big Lots for up to $495M
The deal for the bankrupt retailer will facilitate the transfer of stores and the Big Lots brand to Variety Wholesalers.
Big Lots Reaches Deal With Gordon Brothers to Keep Hundreds of Stores Open
Big Lots, which filed for bankruptcy in September, said that it reached an agreement with Gordon Brothers Retail Partners that would keep hundreds of stores open and save thousands of jobs. The Columbus,
Big Lots Reaches Deal to Keep Hundreds of US Stores Open
This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand,” Big Lots Pres
Bankrupt Big Lots strikes deal to stop some stores from closing
Big Lots has struck a deal to save some stores from closing and keep the brand name alive. The discount retail chain announced late Friday that it has agreed to a sale transaction with Gordon Brothers Retail Partners,
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3h
Big Lots agrees on deal with Gordon Brothers to keep some locations open; jobs preserved
Big Lots struck a deal with
Gordon
Brothers
Retail Partners to keep between 200 to 400 locations open and to preserve ...
7h
Big Lots Agrees To Asset Sale With Gordon Brothers And Variety Wholesalers
Big Lots Inc. announced a sale transaction with Gordon Brothers Retail Partners, LLC, facilitating the transfer of its assets, ...
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