Big Lots, Variety Wholesalers

Half Of Big Lots Stores Could Be Saved In Variety Wholesalers Deal
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.
Big Lots strikes deal with Variety Wholesalers that could save brand, hundreds of stores
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.
Variety Wholesalers to Acquire 200 to 400 Big Lots Stores
Variety Wholesalers Inc. has announced plans to acquire between 200 and 400 Big Lots stores, in the midst of the retailer’s - Company news, Investment sales, News, North Carolina
Gordon Brothers And Variety Wholesalers Step In To Save Some Big Lots 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.
Variety Wholesalers to acquire up to 400 Big Lots stores, possibly some of the six in Connecticut
Variety Wholesalers owns more than 400 retail stores in the Southeastern and Mid-Atlantic states that operate under the names Roses, Roses Express, Maxway, Bill's Dollar Stores, Super 10, Super Dollar and Bargain Town. Variety Wholesalers stores only go as far north as Virginia.
Big Lots will keep some stores open after all. Which locations will be affected?
Big Lots announced on Dec. 19 that it would be shutting down all of its remaining locations around the country after gradually closing stores throughout the year. The company file
Not all Big Lots stores will close after all: NC-based company acquires some locations
Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ current Big Lots employees.
Big Lots Finds Buyer To Save Brand, Hundreds Of Stores
Big Lots reached an agreement to sell its assets, including its intellectual property, to real estate consulting firm Gordon Brothers Retail Partners just before the end of 2024. The transaction would also include the sale of between 200 and 400 stores to Variety Wholesalers, Big Lots announced Dec. 27.
Big Lots secures deal to save hundreds of stores. What we know now
"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots..."
Not all Big Lots stores are closing after all. Deal will save as many as 400 locations
Because of a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open.
Big Lots reaches deal to keep hundreds of US stores open
Big Lots said it’s being sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies.
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Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
Big Lots wins approval of rescue deal after creditor backlash
Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite ...
Big Lots just received a last-minute lifeline
Big Lots says it reached a deal with Gordon Brothers Retail Partners that would preserve between 200 and 400 stores across ...
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 ...
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Big Lots spared from possible closure after fellow retail company steps in
After Big Lots began nationwide going-out-business sales earlier this month, the big box retailer has been given new life by ...