Big Lots Secures Deal to Keep 400 Stores Open Amid Bankruptcy

Reported 5 days ago

Big Lots, which filed for bankruptcy in September, has reached an agreement with Gordon Brothers Retail Partners that allows 200 to 400 of its stores to remain open by transferring them to Variety Wholesalers. This deal aims to preserve jobs and maintain the Big Lots brand, following the retailer's previous announcement of intended closures as part of its bankruptcy process.

Source: YAHOO

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